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FedEx Contractor Troubles??
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<blockquote data-quote="MrFedEx" data-source="post: 620882" data-attributes="member: 12508"><p>FedEx always uses the verbage that they will "vigorously defend" themselves against any and all legal actions. These latest actions aren't anything new...just more states jumping on the bandwagon. FedEx often settles out of court, but this one is probably eventually headed to the Supreme Court.</p><p> </p><p>My personal opinion is that this is going to eventually cost FedEx a ton of money to resolve, and that would tend to make FedEx stock go down sharply.</p><p> </p><p>This is the one item that has prevented a wholesale shift of Express products over to Ground, so every time someone sues FedEx over the IC issue, it makes me a happy boy.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 620882, member: 12508"] FedEx always uses the verbage that they will "vigorously defend" themselves against any and all legal actions. These latest actions aren't anything new...just more states jumping on the bandwagon. FedEx often settles out of court, but this one is probably eventually headed to the Supreme Court. My personal opinion is that this is going to eventually cost FedEx a ton of money to resolve, and that would tend to make FedEx stock go down sharply. This is the one item that has prevented a wholesale shift of Express products over to Ground, so every time someone sues FedEx over the IC issue, it makes me a happy boy. [/QUOTE]
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