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Fed Ex, A Cautionary Tale for UPS?
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<blockquote data-quote="wkmac" data-source="post: 2535747" data-attributes="member: 2189"><p><em>"FedEx is spending heavily on distribution hubs and hiring more employees to meet heaving demand for its shipping services, expenses that weighed on its second-quarter profit.</em></p><p><em></em></p><p> <em></em></p><p> <em>The Memphis, Tennessee-based company on Tuesday reported adjusted earnings that missed <a href="http://abcnews.go.com/topics/business/wall-street-dow.htm" target="_blank">Wall Street</a> expectations. Its shares fell 3 percent in after-hours trading."</em></p><p><em></em></p><p><em><span style="color: #ff0000"><strong><span style="font-size: 22px">FedEx Spending on Distribution Hubs Weighs on Its 2Q Profit</span></strong></span></em></p><p><em></em></p><p><em></em></p><p>As UPSers, does this above bare watching especially come the end of January when UPS 2016' 4Q numbers emerge? Not to mention in the recent year or so the massive amount of announced infrastructure additions and upgrades to take place o<em>ver</em> the coming 3 to 5 year period ahead. And I believe that to just be for starters. </p><p></p><p>For example, in recent weeks UPS posted on its Plant Engineering website, nearly a dozen new projects just in the East Region alone of adding automated smalls sorters at UPS sites (most are 19.5k per hour production capacity with automated induction as I understand it) with a "Go Live" date of 11/1/2017. These projects coming on the heels of the announced new Mega Hub in Atlanta which itself follows major expansions announced for such hubs as Jacksonville Fla., White's Creek in Tennessee and the ongoing expansion projects at hub like Centennial, Ontario, Oakhaven to name just a few. Europe and Asia also exploding.</p><p></p><p>I completely support the infrastructure expansion we are seeing and will continue to see, albeit IMO coming about 5 years to late, but like FedEx who is also taking on a similar task, will we take a stock price hit for it? </p><p></p><p>Still worth it IMO long term but will Wall Street be patient and get the bigger picture?</p></blockquote><p></p>
[QUOTE="wkmac, post: 2535747, member: 2189"] [I]"FedEx is spending heavily on distribution hubs and hiring more employees to meet heaving demand for its shipping services, expenses that weighed on its second-quarter profit. The Memphis, Tennessee-based company on Tuesday reported adjusted earnings that missed [URL='http://abcnews.go.com/topics/business/wall-street-dow.htm']Wall Street[/URL] expectations. Its shares fell 3 percent in after-hours trading." [COLOR=#ff0000][B][SIZE=6]FedEx Spending on Distribution Hubs Weighs on Its 2Q Profit[/SIZE][/B][/COLOR] [/I] As UPSers, does this above bare watching especially come the end of January when UPS 2016' 4Q numbers emerge? Not to mention in the recent year or so the massive amount of announced infrastructure additions and upgrades to take place o[I]ver[/I] the coming 3 to 5 year period ahead. And I believe that to just be for starters. For example, in recent weeks UPS posted on its Plant Engineering website, nearly a dozen new projects just in the East Region alone of adding automated smalls sorters at UPS sites (most are 19.5k per hour production capacity with automated induction as I understand it) with a "Go Live" date of 11/1/2017. These projects coming on the heels of the announced new Mega Hub in Atlanta which itself follows major expansions announced for such hubs as Jacksonville Fla., White's Creek in Tennessee and the ongoing expansion projects at hub like Centennial, Ontario, Oakhaven to name just a few. Europe and Asia also exploding. I completely support the infrastructure expansion we are seeing and will continue to see, albeit IMO coming about 5 years to late, but like FedEx who is also taking on a similar task, will we take a stock price hit for it? Still worth it IMO long term but will Wall Street be patient and get the bigger picture? [/QUOTE]
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