| DATE |
TITLE |
| September 28 |
Federal Judge Rules EEOC Can Get FedEx Express DocsThe Equal Employment Opportunity Commission is suing FedEx Express to get documents on the “Basic Skills Test” for Express employees. The federal judge has ruled that FedEx must deliver the documents as the EEOC is conducting its congressional mandate to investigate employment discrimination claims. This EEOC lawsuit is closely tied to civil litigation accusing FedEx Express Western Division of discrimination.
-- Arizona Business Gazette |
| September 14 |
Scrutiny of FedEx Board ContinuesAs the FedEx Corporation annual shareholder meeting approaches, more independent research firms are issuing reports on FedEx corporate governance. Two firms - Institutional Shareholder Services and The Corporate Library - are cited as issuing statements on FedEx Corporation. ISS advises support for the full slate of nominees for the FedEx board while The Corporate Library gives the FedEx board a ‘D’.
-- Memphis Commercial Appeal |
| September 12 |
Shareholders Urged To Withhold Votes on FedEx Board MembersA corporate governance adviser, Proxy Governance, is recommending to shareholders of the FedEx Corporation to withhold votes on 5 board of director nominees. Proxy Governance cites excessive pay for CEO Fred Smith and lack of oversight by the FedEx Corporation Compensation Committee members. The firm recommends withholding votes - essentially votes of no confidence - for Compensation Committee members James Barksdale, August Busch IV, Philip Greer, Charles Manatt and Paul Walsh.
-- Associate Press via Businessweek |
| September 11 |
FedEx Freight National LTL ProfiledThe hometown Memphis Commercial Appeal published a limited profile of the strategy behind FedEx’s purchase of Watkins Motor Lines and the possible implications for the LTL industry and new FedEx National LTL workers. FedEx CEO Doug Duncan would not say whether or not the company was considering layoffs among the former Watkins workforce.
-- Memphis Commercial Appeal |
| September 07 |
FedEx Express Driver Awarded $500,000 in Discrimination JudgmentA San Francisco jury awarded a FedEx Express shuttle driver $500,000 after finding that he was the target of retaliation and discrimination. Driver Ed Alvaradohas claimed he was targeted for retaliation after making repeated Equal Employment Opportunity complaints against FedEx.
-- Forbes |
| September 07 |
FedEx Freight Completes Watkins PurchaseThe former hometown paper for Watkins Freight Lines files a longer, more detailed story on the completion of FedEx Freight’s acquisition of Watkins. The new company will be re-branded as FedEx National LTL in the US and FedEx Freight Canada north of the border. The article does not dig into possible layoffs or other changes that may come under the new boss in Memphis.
-- Lakeland Ledger |
| September 01 |
NYC Issues $107m in Parking Tickets to Delivery CosThe AP files a story on the program in New York City for certain companies to quickly pay fines for parking tickets. A UPS spokeswoman says, “We receive by far more parking fines in New York City than anywhere else in the world.”
-- Atlanta Journal Constitution |
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