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FedEx Discussions
FedEx has just released its fiscal Q4 financial
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<blockquote data-quote="xfdxgroundmgmt" data-source="post: 1156816" data-attributes="member: 39079"><p>I think your missing some information here!</p><p>Prior to the merger of Caliber System and Federal Express, RPS dropped RoadWay Express(Yellow - Roadway), acquired Roberts Express(FDX Custom Critical), Viking Freight(FDX Freight), started Caliber logistics(FDX Logistics) and was in the process of starting RPS Home Delivery(FDX Home Delivery. Yes Federal Express had piles of cash because until that point they were sticking to running one business that was good at creating a windfall of money. Yes Express was able to pump money into RPS to accelerate some of the growth that was already taking place prior to the merger. Federal Express could not have come close to upstarting it's own ground network, so to purchase a ground network that also came with contractors and not employees was a steal. The funny thing here is that Ground with all it's crappy contractors, crappier tattooed drivers etc., etc. Keep taking market share away from UPS. Look at the growth of Ground prior to the merger and since the merger almost always double digit #'S(Do the research yourselves)!</p></blockquote><p></p>
[QUOTE="xfdxgroundmgmt, post: 1156816, member: 39079"] I think your missing some information here! Prior to the merger of Caliber System and Federal Express, RPS dropped RoadWay Express(Yellow - Roadway), acquired Roberts Express(FDX Custom Critical), Viking Freight(FDX Freight), started Caliber logistics(FDX Logistics) and was in the process of starting RPS Home Delivery(FDX Home Delivery. Yes Federal Express had piles of cash because until that point they were sticking to running one business that was good at creating a windfall of money. Yes Express was able to pump money into RPS to accelerate some of the growth that was already taking place prior to the merger. Federal Express could not have come close to upstarting it's own ground network, so to purchase a ground network that also came with contractors and not employees was a steal. The funny thing here is that Ground with all it's crappy contractors, crappier tattooed drivers etc., etc. Keep taking market share away from UPS. Look at the growth of Ground prior to the merger and since the merger almost always double digit #'S(Do the research yourselves)! [/QUOTE]
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FedEx has just released its fiscal Q4 financial
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