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Would FedEx go bankrupt if...
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<blockquote data-quote="vantexan" data-source="post: 1098051" data-attributes="member: 24302"><p>Thanks, didn't know that. Bottom line though I don't think FedEx can pay as much as UPS with the higher operating costs and less revenue. Knowing them, if they took in as much money as UPS they'd still pay considerably less just because they could get away with it with the RLA. When there was a possibility of a union in the early years they were more generous but always pushed the boundaries to see how little they could pay. And that was in a high growth environment. They are close to going after UPS at it's own game, and if your people stand firm and refuse concessions to the company things will be very interesting 5 years from now. People seem to believe there's an endless reservoir of money, just a matter of forcing their company to give in. UPSers need to realize that the threat to their well being isn't UPS mgmt, but FedEx. I've known really good UPS people over the years, and after 14 years of abuse I don't want to see them get hurt by money hungry bastards.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1098051, member: 24302"] Thanks, didn't know that. Bottom line though I don't think FedEx can pay as much as UPS with the higher operating costs and less revenue. Knowing them, if they took in as much money as UPS they'd still pay considerably less just because they could get away with it with the RLA. When there was a possibility of a union in the early years they were more generous but always pushed the boundaries to see how little they could pay. And that was in a high growth environment. They are close to going after UPS at it's own game, and if your people stand firm and refuse concessions to the company things will be very interesting 5 years from now. People seem to believe there's an endless reservoir of money, just a matter of forcing their company to give in. UPSers need to realize that the threat to their well being isn't UPS mgmt, but FedEx. I've known really good UPS people over the years, and after 14 years of abuse I don't want to see them get hurt by money hungry bastards. [/QUOTE]
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