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Fedex getting "grounded"?
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<blockquote data-quote="toeknee2gx" data-source="post: 311668" data-attributes="member: 7958"><p>Something to remember is that yes, even though UPS's ground service is the 300lb gorilla when compared to other companies, our growth basically mimics the growth rate of GDP. So when the economy slows, of course Fed-ex will feel the effects much harder than us. We may a little more resiliant because of our market share but make no mistake about it, we will feel the effects just like we did last qtr. Domestic growth rose only about 2% while international jumped about 18%.</p><p> </p><p>Yes we may still be kicking the other guys asses<img src="/community/styles/default/xenforo/smilies/FeltTip/laughing2.png" class="smilie" loading="lazy" alt=":laughing2:" title="Laughing2 :laughing2:" data-shortname=":laughing2:" /> but we are not immune to feeling some growing pains too.</p><p> </p><p>late edit: just like FAVREFAN said above, the competition isnt going anywhere.</p></blockquote><p></p>
[QUOTE="toeknee2gx, post: 311668, member: 7958"] Something to remember is that yes, even though UPS's ground service is the 300lb gorilla when compared to other companies, our growth basically mimics the growth rate of GDP. So when the economy slows, of course Fed-ex will feel the effects much harder than us. We may a little more resiliant because of our market share but make no mistake about it, we will feel the effects just like we did last qtr. Domestic growth rose only about 2% while international jumped about 18%. Yes we may still be kicking the other guys asses:laughing2: but we are not immune to feeling some growing pains too. late edit: just like FAVREFAN said above, the competition isnt going anywhere. [/QUOTE]
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