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UPS Subsidiaries
UPS Freight = TForce Freight
FedEx 3rd Qtr Earnings
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<blockquote data-quote="theAnti-X" data-source="post: 83791"><p>Fedex stock is overvalued. Once the "independent contractors" become classified as employees and Mr. Fred has to pay for their vehicles, insurance, fuel, etc. his house of cards will come tumbling down. He is employing slave labor to deliver his ground and home delivery packages. If these ICs have their way, ground labor costs will rise substantially and Fedex, as well as Wall Street, will see through the purple haze that Fred S has successfully fogged everyone over with. </p><p>UPS will have slow, stable financial growth because they are a conservative company unlike Fedex. </p><p>The key is their "cost to serve". True, their costs are cheaper but with all the litigation going on about classification of "employees" or not, it's going to catch up with fedex. The costs involved, i.e., with having non-unionized contractors is bound to catch up with them also. Missed pick-ups, non-deliveries, crappy service--you get what you pay for. Look at FedExaminer.com website and read the blogs over there from drivers fed up with Fedex. Not as rosy as Mr. Fred likes us to believe.</p></blockquote><p></p>
[QUOTE="theAnti-X, post: 83791"] Fedex stock is overvalued. Once the "independent contractors" become classified as employees and Mr. Fred has to pay for their vehicles, insurance, fuel, etc. his house of cards will come tumbling down. He is employing slave labor to deliver his ground and home delivery packages. If these ICs have their way, ground labor costs will rise substantially and Fedex, as well as Wall Street, will see through the purple haze that Fred S has successfully fogged everyone over with. UPS will have slow, stable financial growth because they are a conservative company unlike Fedex. The key is their "cost to serve". True, their costs are cheaper but with all the litigation going on about classification of "employees" or not, it's going to catch up with fedex. The costs involved, i.e., with having non-unionized contractors is bound to catch up with them also. Missed pick-ups, non-deliveries, crappy service--you get what you pay for. Look at FedExaminer.com website and read the blogs over there from drivers fed up with Fedex. Not as rosy as Mr. Fred likes us to believe. [/QUOTE]
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FedEx 3rd Qtr Earnings
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