Earnings Miss

bacha29

Well-Known Member
Headed for a 52 week low might get attention on response debacle
This morning the transportation index is +1.60% while FDX stock is still flat lining at it's 52 week low at 229. This while several analysts pointing to much higher rates and much higher volume have placed an average target price of 333 on the stock while more more cautious traders are pointing to the serious doubts surrounding the ability to find enough seasonal box grunts to get through without delays and backups unacceptable to shippers.
All that's left now is just to wait and see what happens.
 

FedexCares

Well-Known Member
The shortage of workers is hitting all opcos pretty hard. Over at FTN, we have had mandatory OT for months and it’s most likely going to reach double digit hours come peak. A lot of people are getting burnt out.

The one saving grace for us is we have been working from home for 2 years now and will continue to do so which makes the OT a bit easier to stomach, but Fedex has to be spending a fortune paying out all this OT.
 

falcon back

Well-Known Member
This morning the transportation index is +1.60% while FDX stock is still flat lining at it's 52 week low at 229. This while several analysts pointing to much higher rates and much higher volume have placed an average target price of 333 on the stock while more more cautious traders are pointing to the serious doubts surrounding the ability to find enough seasonal box grunts to get through without delays and backups unacceptable to shippers.
All that's left now is just to wait and see what happens.
Thank you very much about the days activities. Please give us daily updates.
 

yadig

Well-Known Member
The shortage of workers is hitting all opcos pretty hard. Over at FTN, we have had mandatory OT for months and it’s most likely going to reach double digit hours come peak. A lot of people are getting burnt out.

The one saving grace for us is we have been working from home for 2 years now and will continue to do so which makes the OT a bit easier to stomach, but Fedex has to be spending a fortune paying out all this OT.
Not with a 20 plus top out plan! I’d say the greedy pigs are doing just fine! You get what you pay for!
 

bacha29

Well-Known Member
The shortage of workers is hitting all opcos pretty hard. Over at FTN, we have had mandatory OT for months and it’s most likely going to reach double digit hours come peak. A lot of people are getting burnt out.

The one saving grace for us is we have been working from home for 2 years now and will continue to do so which makes the OT a bit easier to stomach, but Fedex has to be spending a fortune paying out all this OT.
Perhaps this may all be pointing toward a time when the sheer cost of keeping all these OPCO's running separately stacked with all those many duplicate tiers of management and contractors becomes too costly and too cumbersome to operate as such. All while the guy at the bottom whose in the end is charged with the task of physically moving that damn junk from point A to point B continues to fall further behind in pay and benefits.
Remember what Fat Freddy once said. "Operate separately, compete collectively". Well, that's all well and good just as long as this nation continued to give birth to large enough numbers of people and enough of them willing to slave away for him for scraps and peanuts. Judging by the birth numbers that doesn't look to be the case these days.
 

MassWineGuy

Well-Known Member
I’m so thrilled that Express pay is competitive.

How do the quarterly bonuses to ops managers and the mega handouts to upper upper execs affect profits?
 

59 Dano

I just want to make friends!
I’m so thrilled that Express pay is competitive.

How do the quarterly bonuses to ops managers and the mega handouts to upper upper execs affect profits?
Ops managers (sometimes) get annual bonuses that are based on the performance of the company. If they had any significant impact on profits, FedEx would stop paying them.
 

vantexan

Well-Known Member
Perhaps this may all be pointing toward a time when the sheer cost of keeping all these OPCO's running separately stacked with all those many duplicate tiers of management and contractors becomes too costly and too cumbersome to operate as such. All while the guy at the bottom whose in the end is charged with the task of physically moving that damn junk from point A to point B continues to fall further behind in pay and benefits.
Remember what Fat Freddy once said. "Operate separately, compete collectively". Well, that's all well and good just as long as this nation continued to give birth to large enough numbers of people and enough of them willing to slave away for him for scraps and peanuts. Judging by the birth numbers that doesn't look to be the case these days.
Don't worry, Haitians to the rescue!
 
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