Wednesday, April 22, 2009

FedEx: when you absolutely, positively want to keep unions out

The Wall Street Journal, Journal of Commerce, and other news sources are reporting that Federal Express has warned Congress that placing the company under the jurisdiction of the National Labor Relations Board (NLRD) would jeopardize FedEx's plans to purchase 30 new cargo planes from Boeing. Each plane goes for more than $250 million. Currently, FedEx is governed by the Railway Labor Act. The company believes that it would be easier for unions (Teamsters) to organize under NLRB rules.
Meanwhile, the Memphis Daily News is reporting that FedEx is reducing its air capacity because of the on-going recession.
So, FedEx won't buy airplanes that it may not buy anyway.
Oh, that company that FedEx might buy planes from if we let them, Boeing? It turns out that Boeing's largest customer is International Lease Finance Corp. ILFC's parent company is ... AIG.
So, one more time. Tell Congress to keep the unions out of FedEx so that they might or might not buy airplanes from a company whose biggest customer is another company that is so far in the hole that it has to stand on its head to see the bottom and in which we, the people, have an 80% stake.
You explain all that to Lucy, ok?

[Update 4/22/09Court: FedEx Drivers Not Employees: "Drivers for FedEx Ground are independent contractors, not employees, and therefore can't unionize, the United States Court of Appeals for the D.C. Circuit decided today."

1 comment:

Nancy Delain said...

Um...I certainly do NOT want to explain things to Lucy. She shouts too much!http://ipattorneyfirm.com/blog/lucy-roaster-boy/

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