FedEx has just released its fiscal Q4 financial

MrFedEx

Engorged Member
Btw Ground is building new building and expanding existing ones all over the country. How's the growth at express?

Our growth sucks. Could it possibly be that the ultra low-wage/indentured servitude Ground business model is insanely profitable? ISP stands for Indentured Servitude Plantation, and you make your money by screwing the screwable as hard and deep as you can. Ground sucks, Fred S sucks, and you suck for being a willing participant.
 

bbsam

Moderator
Staff member
Yeah, the building boom built on the backs of the Express employees reputation.
Ground is still thought to be Express to the vast majority of the public.
The reputation of Fedex will continue to erode with the expanding Ground Opco.
You can't take a bunch of mostly criminals, drug addicts and high school dropouts and give them the keys to a Ground truck and expect to keep a "Federal Express" type reputation, advertising dollars can only do so much.
Here's a thought. People talk about the boiling frog scenario. Maybe the same thing is true with the FedEx reputation. Perhaps it has declined over time in a slow manner that the vast majority of customers don't remember how it used to be.
 

bbsam

Moderator
Staff member
Our growth sucks. Could it possibly be that the ultra low-wage/indentured servitude Ground business model is insanely profitable? ISP stands for Indentured Servitude Plantation, and you make your money by screwing the screwable as hard and deep as you can. Ground sucks, Fred S sucks, and you suck for being a willing participant.
And you suck because...just because you suck.:)
 

MAKAVELI

Well-Known Member
Btw Ground is building new building and expanding existing ones all over the country. How's the growth at express?

Our growth sucks. Could it possibly be that the ultra low-wage/indentured servitude Ground business model is insanely profitable? ISP stands for Indentured Servitude Plantation, and you make your money by screwing the screwable as hard and deep as you can. Ground sucks, Fred S sucks, and you suck for being a willing participant.
How about Independent Service Prostitute?
 

bbsam

Moderator
Staff member
Let's explore that. Are all the couriers who don't sign cards willing participants as well? Do they suck also?
 

Guapo

Well-Known Member
It doesn't make sense.
99% of the problem is the mapping.
Jumping from town to town and over lakes and through a forest with no road.
That can't be fixed by part timers entering in "use dock 12", that's just plain ridiculous.
The problem is clearly the software, we have had probably every "DRA" engineer at our station in the past 18 months.
We are no further along from where we started, even with the influx of part timers.

Or in the case of where I live several stops in the middle of the bay.
 

TUT

Well-Known Member
DRA is clearly flawed, and at least per R1a, they are refusing to acknowledge this, preferring to blame us instead. If you read the release further, the Express adjusted operating margin actually rose from 6.1% to 6.6%

Also they released like 3600 people took the buyout. Over time, counting salary and beni's, figuring an avg of $125,000 yearly per. That is a massive 450 million per year. So give it time, it will turn around. Perhaps someday... there will be more for op's again. I know you guys don't believe it... maybe I don't either, but if they get a good margin that atleast gives it a shot.

Where is Fedex Office in all of this? Does Express get the brunt of that expense entirely?
 
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xfdxgroundmgmt

Well-Known Member
That 0% rests squarely on Fred S's shoulders, not on it's workers. It's funny how UPS can turn record profits using a more efficient model of combining their express and ground operations while paying their drivers the top wages and benefits in the industry. Maybe he should try to learn something from the competition.
Uh he is SEE EXPRESS getting smaller!
 
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