Any thoughts on the future of FedEx? Do you think Amazon might try to buy FedEx if the stock keeps dipping? Do you think our last "raise" will indeed be our last raise for good? I don't see the company doing anymore step progressions for the foreseeable future do you?
Less than 10 bucks away from it. Yes, it will recover eventually but it may require some restructuring and coming to terms with fact that farming out your most promising OPCO's work to third party contractors comes with baggage. it's a poor setup which requires contractors to be able to find enough people to produce and conduct themselves in a manner whose value is far greater that what that contractor can pay them.The stock isn't at its 52 week low. Get a grip.
Must be why the station I'm at keeps hiring ft drivers. 15 new ft positions in the past 6 months.Amazon delivery will merge w/DHL US and become a dominant player.
FedEx Ground will continue to expand at the expense of Express.
Express will be comprised of part time employees working either the AM or PM shift.
Must be why the station I'm at keeps hiring ft drivers. 15 new ft positions in the past 6 months.
Express is headed down the toilet. I doubt Bezos would buy FedEx unless it was at a fire-sale price. By leasing his aircraft fleet and contracting out delivery ala' Ground, Bezos has incredible flexibility. Smith owns hundreds of jets and thousands of vehicles, all of which sit and cost him money when they aren't full.
If business slows down, Bezos severs ties with Atlas Air or simply leases fewer planes. He also would subsidize fewer new delivery subcontractors. In other words, he has created a very flexible business model that the other carriers cannot duplicate. Bezos is making money off the product, not the delivery. That's just an expedited way of improving the product to the consumer. UPS, FedEx, and the rest have no product to sell but their ability to transport goods. Big difference.
As I just wrote in another post, Bezos is changing the delivery service paradigm by making it an integral system and cutting-out the cost of having a third party deliver. He owns the entire process, controls the costs, and has the flexibility to tailor it to Amazon's needs as they evolves.
Work Smarter, not Harder, LOL.
It’s already in motion and getting uglier every day.So then you'll have FedEx become a place like McDonalds where you only plan on working there a couple of years till you find something better. They'll have tremendous turnover and will lose the respect they once had as a good place to work.
I hate to bang the doomsday scenario, but it's hard to disagree with what your saying.I wonder if they will do away with that 10 step pay progression all together? I mean with all the financial problems they're having now and with no end in sight, they might just permanently suspend the pay steps. If they do that, I'm sure you'll see a lot of people quitting sooner than later. Realizing you're in a stressful job who's top out pay is $17-19/hr will cause most to leave. Of course FedEx won't say they've canceled the pay steps, they'll say they suspended them (forever) to prevent people from quitting in mass.
So then you'll have FedEx become a place like McDonalds where you only plan on working there a couple of years till you find something better. They'll have tremendous turnover and will lose the respect they once had as a good place to work.
Agree. 3-6 hours of pickup or delivery for stagnant wages and high dedecutible catastrophic healthcare.Amazon delivery will merge w/DHL US and become a dominant player.
FedEx Ground will continue to expand at the expense of Express.
Express will be comprised of part time employees working either the AM or PM shift.
Amazon can't even figure out how to use their scanners (had a driver the other day stand at my front door for what seemed like 10 minutes while he figured out how to scan the package he was delivering) or deliver to the proper address.Canad has something to do with that. You seem like a smart guy. It might be time to head for the exits and have a Molson's, eh? The Amazon Canucks are ahead 340 to zero in the final period and they have a power play.
I more concerned what happens to UPS , what are your thoughts there?Amazon delivery will merge w/DHL US and become a dominant player.
FedEx Ground will continue to expand at the expense of Express.
Express will be comprised of part time employees working either the AM or PM shift.
I more concerned what happens to UPS , what are your thoughts there?
The belief among the traders I read and listened to is that while a company's stock might be broken if the company and it's business model itself isn't broken then history has shown that the stock will recover in about 18 months.Any thoughts on the future of FedEx? Do you think Amazon might try to buy FedEx if the stock keeps dipping? Do you think our last "raise" will indeed be our last raise for good? I don't see the company doing anymore step progressions for the foreseeable future do you?
Have you offered your expert advice and services to Fred, yet?The belief among the traders I read and listened to is that while a company's stock might be broken if the company and it's business model itself isn't broken then history has shown that the stock will recover in about 18 months.
Now if you look at what Fat Freddy and his minions said yesterday about lapping Bezos the timeline they're talking about is around 18 months.
It would therefore appear that they too know that they've got 18 months to restructure and recover.
Not advice, just passing on what pro traders are saying which is more than what you have been offering. So get back to me in 18 months and we'll see where they are . In the meantime I'm sure pro traders are asking themselves if the stock is even worth 147 let alone it's all time high of 278.Have you offered your expert advice and services to Fred, yet?
For a fee, of course.
They're probably clueless about what to do with their jing weeds.