Release the hounds!!!!

Discussion in 'FedEx Discussions' started by thedownhillEXPRESS, Sep 28, 2012.

  1. thedownhillEXPRESS

    thedownhillEXPRESS Well-Known Member

    Rumor is rumbling through several locations that the big "Shock and Awe" announcement will be released on Monday.
    Are you prepared to see what years of transferring Express volume over to the Ground wage slaves has done to your careers?
  2. bbsam

    bbsam Moderator Staff Member

  3. Fred is my father

    Fred is my father New Member

    Released to whom? During the Q-1 conference call a couple of weeks back Fred stated that "you will be surprised by the magnitude of change". He said the announcement will be made at the investors conference

    October 9th and 10th. He also stated (for what its worth) that "No draconian measures will be taken". Bronczek, Rebholz, and Graf were not upbeat at all. I would describe them as depressed.

    They will be switching lower yielding product to less expensive carriers (XS to ground). They're delaying 777s deliveries and accelerating 767 deliveries. They're finding companies in China are switching to ocean cargo ships and are not using FEDEX Express. China used to be a cash cow for FedEx Express. Not so much anymore. FEDEX is paying a little over 3 bucks a gallon for JET-A. (That's hard to believe). Anyway, the 10-Q shows some very disturbing pkg. volume and yield numbers. At least for the express component.

    Remember, all top dog, alpha male big shots are always trying to prop up the stock price (Share holder value). That goes for almost all corporations. When they can't do it through growth.... it will come through CUTS.

    P.S.P. (P)eople are (S)econdary to (P)rofit...
  4. menotyou

    menotyou bella amicizia

    As a curious outsider, can you break this down for me?
  5. I Am Jacks Damaged Box

    I Am Jacks Damaged Box Well-Known Member

    I get the distinct impression that Frederick's definition of "draconian" differs greatly from the dictionary's.
  6. MrFedEx

    MrFedEx Engorged Member

    OK, Smithers.
  7. MrFedEx

    MrFedEx Engorged Member

    Sure. Fred is bending us over...again. Only this time he's using sand for lubrication. Hope that helps.
  8. bbsam

    bbsam Moderator Staff Member

    I think that sand as lubricant would not be pleasurable for either partner.