March 22, 2012: FedEx Corp. said Thursday its profit between December and February more than doubled as its ground and freight segments shipped more packages and charged higher prices.
In its fiscal third quarter, the world's second-largest package delivery company earned $521 million or $1.65 per share, compared with $231 million, or 73 cents per share, a year earlier.
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Teamsters, Amazon delivery drivers, and labor allies picketed today on the steps of New York City Hall to support the Delivery Protection Act. City Councilmember Tiffany Cabán announced the bill now has supermajority support in the City Council.
The IBT has launched the Teamster History Project, which includes 27 unedited interviews with Teamsters who made it happen. It covers the years 1975-1999. Those interviewed include several TDU leaders, participants in the Carey administration, James Hoffa, along with two Hoffa lieutenants who were expelled from the union for corruption and self-dealing.
