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The battle between FedEx (FDX) and the Teamsters warms up a bit as the union urges shareholders...

The battle between FedEx (FDX) and the Teamsters warms up a bit as the union urges shareholders to separate the CEO and chairman positions at the company, a proposal which got 34% support last year. The Teamsters represent drivers at UPS (UPS) and dispute FedEx classifying its drivers as self-employed entrepreneurs.
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Comments (2)
  • Tom Au, CFA
    , contributor
    Comments (6784) | Send Message
     
    Transportation companies want to classify drivers as entrepreneurs, to reduce wages, benefits, and liability. But a function so central to the business can't be "independent.
    31 Aug 2009, 02:24 PM Reply Like
  • E Thomas St.
    , contributor
    Comments (139) | Send Message
     
    I'd like to see a reasoned argument as to how Fed Ex's policy is right and even makes sense.
    31 Aug 2009, 02:27 PM Reply Like
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