MrFedEx
Engorged Member
I also heard no one wants to lend FedEx any money and yes FedEx is making money but they pay a lot of interest on loans they had. UPS pays no interest on purchases because it has no debt.
Could be. I know that UPS has vast cash reserves that we don't but FedEx is still a solid company run by very conservative management. Just ask anyone who works there how tight they are with their money. If Fred dropped a penny down the sewer he'd probably break down and cry. If you're familiar with Spongebob Squarepants, Fred is a lot like Mr Krabs. On the other hand, he's a lot like Patrick Star as well. Anyway, he's cheap.