FedEx, pilots reach labor settlement

Terms of the six-year agreement were not disclosed, as the deal must still be reviewed by the union’s joint executive council and ratified by over 4,000 pilots.    FedEx Express and its pilots reached a tentative agreement Wednesday on a new labor contract after four years of negotiations.
   Formal bargaining began in January 2013 and last October FedEx management filed for mediation with the National Mediation Board.
   Terms of the agreement have not been released. They must be reviewed first by a joint executive council and the deal is then subject to a ratification vote by more than 4,000 FedEx pilots.
   The new contract would run through 2021.