FedEx pilots approve new agreement with management

The pilots of FedEx Express, represented by the Air Line Pilots Association, Int’l. (ALPA), approved a new contract agreement with FedEx management. The new agreement provides across-the-board increases to hourly pay rates and new-hire compensation, a significant signing bonus, retirement plan enhancements, work-rule improvements, and other positive modifications. The new agreement will go into effect November 2015 and will become amendable in 2021.