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FedEx Freight rejects Teamsters

PRESS RELEASE

November 26, 2014: FedEx Freight, a subsidiary of FedEx Corporation (NYSE:FDX) announced that a union representation election was held today at its hub in Louisville, KY. The city and road drivers in Louisville voted against representation by the Teamsters union and in favor of continuing their direct relationship with the company.

"Our people are our most important asset," said Pat Reed, FedEx Freight Chief Operating Officer and Executive Vice President. "We will continue to work closely with our team members to ensure that FedEx Freight remains a great place to work."

The results in Louisville mark the third election in which FedEx Freight drivers have demonstrated their desire to remain union-free and come on the heels of the union withdrawing petitions in three other locations. FedEx Freight drivers in Delanco, NJ, and Newark, NJ, have also voted against union representation. In addition, the Teamsters withdrew their petitions on the eve of elections in Middletown, PA, South Newark, NJ, and Richmond, VA. The union would only withdraw its election petitions if it knew it would lose the vote in those locations.

"This pattern of union defeats and withdrawals supports our belief that the vast majority of our drivers do not want union interference," said Reed. "We look forward to working with the team members at all service centers to maintain positive lines of communication and continue providing excellent service to our customers."

With corporate offices in Memphis, Tenn., the FedEx Freight Segment includes FedEx Freight, a leading U.S. provider of LTL freight services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, North America's largest time-specific, critical shipment carrier. FedEx Freight also serves Mexico, Puerto Rico and the U.S. Virgin Islands. For more information, visit fedex.com.

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