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FedEx contractor revolt?
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<blockquote data-quote="bacha29" data-source="post: 5366787" data-attributes="member: 58386"><p>The ground system has been operating for 37 years which given it's crude design is well past it's expected life span .</p><p></p><p>You simply cannot ignore the possibility that there are people on the board of directors especially the new ones who realize that fact and are coming to the conclusion that it can't be fixed no matter how much money you throw at it. </p><p></p><p>And the reason you have to consider that possibility is the fact that Fat's and Raj were forced by the new directors and DE Shaw to restrict cap x spending to a formula based on operating margins. No bucks...No Buck Rogers. This in turn means that they can't throw money around building whatever they want and buying whatever they want whenever they want it.</p><p></p><p>And the bucks are going to come right off of contractors and those who are still out there hauling for Fat's and plan on continuing to do so might as well get used to it. And when you consider the fact that Johnny Dollar Sign has made no movement to resolve the matter it would appear that senior executives are going to take that chance and try to post significantly improved margins even if it runs the risk of a peak season melt down. Then again...it's happened before.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5366787, member: 58386"] The ground system has been operating for 37 years which given it's crude design is well past it's expected life span . You simply cannot ignore the possibility that there are people on the board of directors especially the new ones who realize that fact and are coming to the conclusion that it can't be fixed no matter how much money you throw at it. And the reason you have to consider that possibility is the fact that Fat's and Raj were forced by the new directors and DE Shaw to restrict cap x spending to a formula based on operating margins. No bucks...No Buck Rogers. This in turn means that they can't throw money around building whatever they want and buying whatever they want whenever they want it. And the bucks are going to come right off of contractors and those who are still out there hauling for Fat's and plan on continuing to do so might as well get used to it. And when you consider the fact that Johnny Dollar Sign has made no movement to resolve the matter it would appear that senior executives are going to take that chance and try to post significantly improved margins even if it runs the risk of a peak season melt down. Then again...it's happened before. [/QUOTE]
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