The Transport Workers Union (TWU) has initiated a strike ballot for FedEx employees, escalating labor tensions at the logistics giant.
The union is seeking to curb outsourcing practices and mandate consultation on the implementation of artificial intelligence-driven work schedules and automation technologies.
This move marks the first major strike bid in a broader wave of industrial action the TWU is threatening across 220 deals nationwide.
FedEx shares declined in Wednesday trading, compounding pressure on the stock following a recent earnings report that fell short of market expectations.
The carrier’s latest results highlighted persistent operational headwinds, prompting investor concern over margin stability and service reliability.
The potential for a strike introduces a new layer of execution risk, threatening to disrupt parcel delivery networks at a time when the company is already grappling with post-earnings sentiment.