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FedEx Discussions
Fed-Ex 3rd quarter earnings
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<blockquote data-quote="Artee" data-source="post: 5783017" data-attributes="member: 24351"><p>Remember a handful of years back when the ground margins were 17-20%+ and were carrying the Express side. Back then Express had like a 4-5% margin and they wanted to be seeing 10%. For 20 years Express has been counting on that postal contract to help keep Express alive. Looks like USPS might be bailing and moving their mail with others. In January our ramp is losing 1 of our two inbound planes and possibly dropping down to the smallest 757 for our outbound. Three years ago out outbound was an MD-11.</p></blockquote><p></p>
[QUOTE="Artee, post: 5783017, member: 24351"] Remember a handful of years back when the ground margins were 17-20%+ and were carrying the Express side. Back then Express had like a 4-5% margin and they wanted to be seeing 10%. For 20 years Express has been counting on that postal contract to help keep Express alive. Looks like USPS might be bailing and moving their mail with others. In January our ramp is losing 1 of our two inbound planes and possibly dropping down to the smallest 757 for our outbound. Three years ago out outbound was an MD-11. [/QUOTE]
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