» Recent FedEx Threads | 2nd Shift Pay Yesterday 07:58 PM Yesterday 07:58 PM 0 Replies, 16 Views | Unsafe Vehicles 11-07-2009 06:03 PM Yesterday 07:06 PM 11 Replies, 274 Views | | | | | | | | | | | | | | | More $$ For... 10-26-2009 06:33 PM 10-27-2009 07:03 PM 5 Replies, 268 Views | ASPIRE 10-22-2009 12:18 AM 10-22-2009 01:48 PM 2 Replies, 185 Views | | | | | | | Shaving Hours 09-15-2009 02:38 PM 10-20-2009 06:22 AM 52 Replies, 1,535 Views | | » The Latest FedEx Headlines | | FedEx Trade Networks Adds Seven New Freight Forwarding Facilities Across Asia and | | |
FedEx Trade Networks, a subsidiary ofFedEx Corp. (NYSE: FDX) and growing international ocean and air freight forwarder, today announced it has opened seven new freight forwarding ...read more  More... | |
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| | Discuss: FedEx Sees Peak Holiday Shipping Day About 8% Busier | | | FedEx Sees Peak Holiday Shipping Day About 8% Busier - Bloomberg
FedEx Corp., the second-largest U.S. package-delivery company, projected handling about 8 percent more shipments on its busiest day before the Christmas holiday amid “positive signs” for the economy.
More than 13 million shipments will move on Dec. 14, up from 12 million on 2008’s peak on Dec. 15, FedEx said today in an e-mailed statement. That would be a daily record, and the gain would exceed last year’s increase of about 6 percent.
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| | FedEx Readies for the Holiday Season | | |
FedEx Corp. (NYSE: FDX) expects to move more than 50 million packages through the global FedEx Express, FedEx Ground and FedEx Freight networks during the week of December 14, ...read more More... | |
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| | FedEx Delivers Holiday Cheer to U.S. Armed Services Members and Their Families | | |
For the fifth consecutive year, FedEx Corp. (NYSE: FDX) and the Christmas SPIRIT Foundation are teaming up for Trees for Troops, a program created to deliver support and cheer ...read more  More... | |
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| | FedEx Further Expands its Environmentally-Friendly Vehicle Fleet With Order of 51 | | |
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), today announced it will purchase 51 additional gasoline-electric hybrid vehicles from Azure Dynamics Corporation (TSX: AZD). The FedEx fleet of ...read more  More... | |
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| | Discuss: FedEx: They're Employees. No, They're Not | | | FedEx: They're Employees. No, They're Not - Business Week
For years, shipping giant FedEx (FDX) has been at the center of this fracas because it treats 12,000 package deliverers in its FedEx Ground Div. as contractors. The company's current situation illustrates how murky the legal waters on this issue can get.
On Oct. 20 the attorneys general of New York, New Jersey, and Montana threatened to sue FedEx if it doesn't reclassify the 12,000 delivery people as full-time employees. The states say they are owed millions in payroll taxes and that FedEx workers deserve fringe benefits befitting full-time employees.
But just 10 days later the IRS announced that it was reversing a $319 million tax assessment against FedEx that had been based on the allegation that the company misclassified drivers as contractors. The IRS won't explain its action—and FedEx won't comment—but for federal tax purposes the drivers now appear to be independent contractors after all.
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| | FedEx Corp. Names Logue New President for FedEx Freight | | |
FedEx Corp. (NYSE: FDX) today announced the appointment of William J. Logue as president of FedEx Freight Corp., a subsidiary of FedEx Corp. and leading provider of regional and long-haul less-than-truckload (LTL) ...read more  More... | |
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| | Discuss: FedEx says IRS drops Ground contractors from 2002 tax audit | | | FedEx says IRS drops Ground contractors from 2002 tax audit - Reuters
FedEx Corp said in a regulatory filing on Friday that the U.S. Internal Revenue Service had revised a employment tax audit notice against it for 2002 to drop assessment tied to FedEx Ground independent contractors, including those providing home delivery service.
In an e-mailed statement, a spokesman for the Memphis-based FedEx said the package delivery company was "pleased" with the outcome.
While similar issues remain under audit for calendar years 2004 through 2008, FedEx believes the same conclusion would be reached for those years too, the company said.
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| | Discuss: The FedEx Fight | | | The FedEx Fight- Risk and Insurance
While classifying a roofer as a file clerk clearly represents some sort of fraud on the part of the insured, the same cannot be said of the independent contractor status many companies ascribe to workers who for all intents and purposes look, walk and talk not like a duck but an employee.
The most noteworthy case involves the nearly 10-year effort to force Memphis-based FedEx to treat its drivers as employees rather than independent contractors. Among the most vocal proponents have been the Teamsters Union, which has lost a prime organizing opportunity due to what they believe are the anti-union sentiments behind FedEx's widespread use of independent contractors.
In addition, the practice gives the company an advantage over its heavily unionized competitor, United Parcel Service.
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