FedEx vows pullback if Congress presses unionization

FedEx will stop growing its express-delivery service if Congress makes it easier for workers to unionize, according to company founder Frederick Smith. "I can promise you that the board of directors of FedEx Corp. would reduce the amount that we invest in (FedEx Express) to the point where it was just purely a sustenance level," Smith says, adding that a $6.7 billion order for 15 new Boeing 777 freighters would likely be canceled. An amendment to the stalled Federal Aviation Administration reauthorization bill would bring about the change to long-standing federal labor laws.

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