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Fedex lowers guidance-Bringing Brown down with it
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<blockquote data-quote="BLACKBOX" data-source="post: 356776" data-attributes="member: 6700"><p>This is an interesting post because I believe this is a crack in their financial base which will lead to an even bigger crack next quarter. People (Shippers) are looking for ways to save money and one of the things I've read is that shippers aren't sending packages overnight anymore unless they really have to which affects FEDEX main revenue source.</p><p></p><p>I think you will see an increase of ground shipments for us knowing this is our strongpoint. I can see where people are reluctant to turn anything to FEDEX ground since many of the shipper's in my area are set up for UPS shipments.</p><p></p><p>This may sound crazy but would Fred S in desperation perhaps have the Express side start delivering ground in order to fill their trucks?? or cut losses and keep ground only in big cities??</p><p></p><p>This next quarter will be interesting for FEDEX and their shareholders.</p></blockquote><p></p>
[QUOTE="BLACKBOX, post: 356776, member: 6700"] This is an interesting post because I believe this is a crack in their financial base which will lead to an even bigger crack next quarter. People (Shippers) are looking for ways to save money and one of the things I've read is that shippers aren't sending packages overnight anymore unless they really have to which affects FEDEX main revenue source. I think you will see an increase of ground shipments for us knowing this is our strongpoint. I can see where people are reluctant to turn anything to FEDEX ground since many of the shipper's in my area are set up for UPS shipments. This may sound crazy but would Fred S in desperation perhaps have the Express side start delivering ground in order to fill their trucks?? or cut losses and keep ground only in big cities?? This next quarter will be interesting for FEDEX and their shareholders. [/QUOTE]
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Fedex lowers guidance-Bringing Brown down with it
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