Fed Ex miss

[Doing time]

Fed Ex adjusted profit per share down from 6.87 to 4.94 compared to same quarter last year. If my math is correct that’s about 28%. But the management team keeps telling me UPS is slow because we make too much money and our negotiations are hurting business. When in reality for the most part it’s about demand and the economy.

FedEx paring costs, grounding more planes as margin pressure persists

FedEx , which is slashing costs to protect profits as demand wanes, said on Tuesday that ongoing "demand challenges" prompted its plans to ground 29 more aircraft in the fiscal year that started on June 1.

www.reuters.com

 

[HyperBrn]

Gotta spin spin spin that narrative.

 

[TSB]

Gotta spin spin spin that narrative.

You gotta add some 70's disco music to that graphic .

 

[Cheesypurpletees]

Fed Ex adjusted profit per share down from 6.87 to 4.94 compared to same quarter last year. If my math is correct that’s about 28%. But the management team keeps telling me UPS is slow because we make too much money and our negotiations are hurting business. When in reality for the most part it’s about demand and the economy.

FedEx paring costs, grounding more planes as margin pressure persists

FedEx , which is slashing costs to protect profits as demand wanes, said on Tuesday that ongoing "demand challenges" prompted its plans to ground 29 more aircraft in the fiscal year that started on June 1.

www.reuters.com

No, this has to do with FedEx being a ty greedy company that purposely created a low margin business of separated ground/air networks to avoid unionization.

 

[Star B]

And now they are merging the ground company into the airline and they think they will still keep the RLA.