Gotta love the misleading statement: "Contract negotiations began with the Teamsters union during the quarter. The current contract expires July 31." I can just see hundreds of companies shifting to FedEx thinking a strike is possible a week from now. Uh, that's July 31, *2008*.
Package Flow Technology (PFT) is the same as PAS. PAS was the old name before it was called PFT. I think PAS stands for Preload Assist System, but I could be wrong. It's been a year and a half since I was in a UPS building.