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Lead FedEx Ground Contractor Says He May Shut His Business By Nov 25

FedEx Ground Spencer Patton FedEx United States NYSE

It is clear that Spencer Patton, the leader of a nationwide effort to raise awareness of the financial plight of FedEx Ground's delivery contractors, will not go gently into that good night.

In a combative address before roughly 4,000 FedEx Ground contractors Saturday night in Las Vegas, Patton, one of the largest contractors in the FedEx Corp. (NYSE:FDX) unit's network, threatened to shut his business on or about Nov. 25 if the unit fails to take concrete steps before then to ease the cost-inflation burdens plaguing many of its 6,000 contractors.

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