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The Competition
FedEx Discussions
American Airlines and FedEx Express
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<blockquote data-quote="vantexan" data-source="post: 907952" data-attributes="member: 24302"><p>But the U.S. is a saturated market. The only real growth Express will see is in international. The other area where the company will make money is taking market share from UPS with Ground. Hey, I admire those UPS drivers. Just about everyone of them I've ever met were good men, plus a few scary women. They earn their money. But in this economy people are looking for low costs. Might not affect Grandma sending gifts, but large businesses shipping in bulk have to consider price. And while there are certainly some oddballs at Ground, there are plenty of good hard working people too. It's not their fault what the company does, and most make an honest effort. They are making inroads into UPS's business.</p><p></p><p>Last year I pointed out that serious problems were developing in Europe. Some disputed that, saying that Europe is doing well and we should emulate them. The problem is that some countries borrowed heavily to finance their social programs and pensions. It finally caught up with them as they don't produce enough to cover their debt. How does that affect us? Our banks bought plenty of those bonds. They paid for them with our deposits. There's a good chance alot of wealth could be lost. We aren't out of the woods yet and we could very well see a repeat of 2008. Lack of business will put even more out of work. And reduce our revenue. The world is very interconnected these days and the average guy just has to take it. And civil unrest could get very serious, and I'm not talking about Occupy Wall Street. It may be tough to stomach, but the days of everything going up and up with plenty to throw around are over. The guys in charge will make sure they get theirs', and things will get tougher for the middle class, which will shrink. What's happening at FedEx is just the tip of the iceberg.</p></blockquote><p></p>
[QUOTE="vantexan, post: 907952, member: 24302"] But the U.S. is a saturated market. The only real growth Express will see is in international. The other area where the company will make money is taking market share from UPS with Ground. Hey, I admire those UPS drivers. Just about everyone of them I've ever met were good men, plus a few scary women. They earn their money. But in this economy people are looking for low costs. Might not affect Grandma sending gifts, but large businesses shipping in bulk have to consider price. And while there are certainly some oddballs at Ground, there are plenty of good hard working people too. It's not their fault what the company does, and most make an honest effort. They are making inroads into UPS's business. Last year I pointed out that serious problems were developing in Europe. Some disputed that, saying that Europe is doing well and we should emulate them. The problem is that some countries borrowed heavily to finance their social programs and pensions. It finally caught up with them as they don't produce enough to cover their debt. How does that affect us? Our banks bought plenty of those bonds. They paid for them with our deposits. There's a good chance alot of wealth could be lost. We aren't out of the woods yet and we could very well see a repeat of 2008. Lack of business will put even more out of work. And reduce our revenue. The world is very interconnected these days and the average guy just has to take it. And civil unrest could get very serious, and I'm not talking about Occupy Wall Street. It may be tough to stomach, but the days of everything going up and up with plenty to throw around are over. The guys in charge will make sure they get theirs', and things will get tougher for the middle class, which will shrink. What's happening at FedEx is just the tip of the iceberg. [/QUOTE]
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