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FedEx Discussions
2021 October Step Increase
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<blockquote data-quote="Aquaman" data-source="post: 4781755" data-attributes="member: 68552"><p>Well guys, it’s that time of year again. And I’m pleased to announce that this year we’ll be increasing the steps 1.5%. With snowmageddon 21 we just don’t have the money this year for a step. The Memphis hub basically shut down for a week in February. That really hurt us. Not to mention the added expense of moving all that freight trying to play catch up. On top of the snow/ice disaster, we lost our huge Trump tax cut. It’s been really hard with COVID too... We used your step raise last year to buy “heroes work here” signs for your stations. But the pandemic just hit us hard... with record volume I mean. But you know Express. It’s expensive to move all that additional freight. We’ve been making more money than ever before, but with that comes additional costs. Did I mention it costs money? Oh ya and the TNT purchase we made... Turns out that’s expected to turn a profit in the year 2085. So you see it’s just been hard. But I’m happy to be able to tell you guys that the steps will be increasing 1.5%... the step you’re already on. Here’s a keychain.</p></blockquote><p></p>
[QUOTE="Aquaman, post: 4781755, member: 68552"] Well guys, it’s that time of year again. And I’m pleased to announce that this year we’ll be increasing the steps 1.5%. With snowmageddon 21 we just don’t have the money this year for a step. The Memphis hub basically shut down for a week in February. That really hurt us. Not to mention the added expense of moving all that freight trying to play catch up. On top of the snow/ice disaster, we lost our huge Trump tax cut. It’s been really hard with COVID too... We used your step raise last year to buy “heroes work here” signs for your stations. But the pandemic just hit us hard... with record volume I mean. But you know Express. It’s expensive to move all that additional freight. We’ve been making more money than ever before, but with that comes additional costs. Did I mention it costs money? Oh ya and the TNT purchase we made... Turns out that’s expected to turn a profit in the year 2085. So you see it’s just been hard. But I’m happy to be able to tell you guys that the steps will be increasing 1.5%... the step you’re already on. Here’s a keychain. [/QUOTE]
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