So lower gas is helping fedex fight higher wages

Discussion in 'FedEx Discussions' started by FedExLeaker, Nov 8, 2014.

  1. FedExLeaker

    FedExLeaker New Member

  2. Cactus

    Cactus Just telling it like it is

  3. FedExLeaker

    FedExLeaker New Member

  4. vantexan

    vantexan Well-Known Member

    Not sure where you got it's helping them fight higher wages. It's helping them offset higher wages. Means lower fuel costs help them to maintain profits even though they're having to pay more in labor costs.
     
  5. FedExLeaker

    FedExLeaker New Member

    Maybe "fight" was a poor choice of words. My point was that they are already fighting against higher wages my implementing minimal raises. I read the article as though it was implying that FedEx was still competitive in annual increases in pay, and that the lower cost was helping absorb the higher cost of increased wages.
     
  6. Cactus

    Cactus Just telling it like it is

    OK............what increased wages???
     
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  7. vantexan

    vantexan Well-Known Member

    Probably the increased wages they'll pay as Freight unionizes.
     
  8. CJinx

    CJinx Well-Known Member

    Didn't you get a raise last month?
     
  9. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I'm interested to see the winter profits for ups and fedex. Should be pretty high with fuel prices where they are.

    Although fuel surcharges have helped offset the higher costs in the past.
     
  10. Cactus

    Cactus Just telling it like it is

    You call THAT a raise?

    Figure in the higher cost of insurance and inflation, we're still in the red.

    I see your buddy Fred gave himself a 12% raise. Now that's a genuine increase. Too bad nobody outside of Memphis will ever see a suitable increase like that.
     
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