When I was talking about this the other day it was in a humorous vein, but RENEWAL is no joke. This is Fred's latest and greatest idea to reinvent FedEx and if the RLA exemption is kept, it's guaranteed that this will be shoved down our throats with a vengeance. Even if Smith's head is in the sky and his brain is in his ass RENEWAL will be sold heavily, because if Smith said it, you'd better get with the program...or else. Details were sketchy in the Chairman's Letter, but he's hinting at profound changes in the different operating divisions that will "unify" all of them in the eyes of the customer. This sounds dangerous to me, because it's probably an excuse to combine more functions with fewer employees. Smith spends alot of time talking about IT, and how the computer systems will become more aligned with each other, again,for the sake of the customer. I'm not buying any of it, and it reeks of another misinformation campaign that will distort what Fred is really up to, and that's getting rid of people using the ruse of an improved customer experience. If the cheap SOB really wanted to improve things for the shippers he'd pay a few more bucks an hour so employees will actually stay on the job long enough to learn what they're supposed to be doing. As usual, it's give nothing on his part and give-back 110% on our part. Sorry, but it isn't going to work Fred. You've -off too many people to have any loyalty or any more buy-in to your crappy ideas.