FedEx has estimated the impact of the Tax Cuts and Jobs Acts and has chosen to dedicate more than $200 million for employee payment increases, at least two-thirds of which will be set aside for hourly staff. The decision to invest in its sorting hubs and its workers, whether through raises or pension security, indicates that the company is set on long-term growth. Reinvesting in itself through staffing, capital investment, and retirement funding will help FedEx maintain its status as a leading 3PL. Will other large 3PLs consider these advantages and make similar changes?
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