FedEx will stop offering its defined benefit pension plan to new employees beginning in 2020, and will put them in an expanded 401(k), according to news reports. The move was announced to employees in ...
Two former FedEx pilots have sued the company and FedEx pension fund fiduciaries, alleging the defendants violated ERISA by using out-of-date mortality data in calculating pensions that short-changed ...
(Reuters) - Parcel delivery service FedEx Corp (FDX.N) said it would record a $2.2 billion non-cash pretax charge related to a change in the way it accounts for pensions. The move to mark-to-market ...
CHICAGO, June 21 (Reuters) - Package delivery company FedEx Corp on Tuesday reported a quarterly loss due to mark-to-market pension adjustments and expenses related to acquiring Dutch package delivery ...
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