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Fred Like To Spend Money, Just Not On Us
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<blockquote data-quote="MrFedEx" data-source="post: 1163533" data-attributes="member: 12508"><p>I noticed several significant posts by Cheryl in the last 2 weeks. The first noted that the last FedEx 727 had been retired. This means that enough new aircraft and converted PAX 757s have entered service to allow this to happen. FedEx also announced it was reducing lift capacity to Asia, which undoubtedly freed-up additional aircraft for domestic use.</p><p></p><p>Next, Fred is buying 1900 Isuzu Reach cargo vans. This is in addition to all of those new Sprinters and Nissans that have been replacing W700s. So, Scrooge CAN spend money, but just not on employees. </p><p></p><p>That begs the obvious question. Since Fred is letting the moths out of his pocketbook, how will he get them back in? It's been very well-established that Fred gets his money back the same way he always has...from the hourlies. My crystal ball sees even more Draconian measures to recoup the investment in equipment.</p><p></p><p>It's all rather ironic, because the money Fred is going to save with new, more fuel-efficient planes and vehicles will be more than offset by the losses being piled-up by DRA, accident settlements, high turnover, and general inefficiency of the Express system created by horrible mismanagement. </p><p></p><p>It's all great fun to watch.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1163533, member: 12508"] I noticed several significant posts by Cheryl in the last 2 weeks. The first noted that the last FedEx 727 had been retired. This means that enough new aircraft and converted PAX 757s have entered service to allow this to happen. FedEx also announced it was reducing lift capacity to Asia, which undoubtedly freed-up additional aircraft for domestic use. Next, Fred is buying 1900 Isuzu Reach cargo vans. This is in addition to all of those new Sprinters and Nissans that have been replacing W700s. So, Scrooge CAN spend money, but just not on employees. That begs the obvious question. Since Fred is letting the moths out of his pocketbook, how will he get them back in? It's been very well-established that Fred gets his money back the same way he always has...from the hourlies. My crystal ball sees even more Draconian measures to recoup the investment in equipment. It's all rather ironic, because the money Fred is going to save with new, more fuel-efficient planes and vehicles will be more than offset by the losses being piled-up by DRA, accident settlements, high turnover, and general inefficiency of the Express system created by horrible mismanagement. It's all great fun to watch. [/QUOTE]
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