# FedEx pilots in July 2023 voted down a tentative agreement to amend their contract.

*business · news · 2026-04-09 · FreightWaves*

## Key points

- FedEx pilots rejected a 2023 contract that would have raised pay by up to 30%.
- Union hardliners ousted the previous MEC board after dissatisfaction with contract negotiations.
- FedEx reported an 8% year-over-year revenue increase and a 73% stock price rise in the past year.
- Pilot resignations at FedEx have reached historic levels due to fatigue and lean scheduling.
- FedEx restructured its air network after losing a major USPS air cargo contract.

**Companies:** FedEx
**Countries:** United States

[Read the full story on FreightWaves](https://www.freightwaves.com/news/fedex-pilots-agree-on-tentative-contract-after-5-years-of-talks)

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