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FedEx Discussions
FedEx Portable Pension Plan Sucks vs. UPS Plan
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<blockquote data-quote="brazenbrown" data-source="post: 285414" data-attributes="member: 9007"><p>Not only might their pension plan suck but the whole ground unit contractor model may also not bode well.</p><p></p><p><strong>Ahead of the bell: FedEx</strong></p><p></p><p>UPS and FedEx have for the most part always traded in tandem. Today FedEx was down graded because their contractor ground model leaves their shares at risk.</p><p></p><p>So, shouldn't this be good news for UPS?? But UPS is down too and UPS has just ratified a contract with the teamsters which includes taking over the Central States pension fund which should benefit them regarding long term costs..And we don't have contract labor issue with the possibility of owing the IRS a hefty sum.</p><p></p><p>My hope is that UPS can separate itself from FedEx by reporting decent numbers with exceptional international growth and we can break this tandem trading thing with the long lost sweetheart of the street..</p><p></p><p>Of course oil at $100 a barrel doesn't help either one of us!!</p><p></p><p>Just a thought!!</p></blockquote><p></p>
[QUOTE="brazenbrown, post: 285414, member: 9007"] Not only might their pension plan suck but the whole ground unit contractor model may also not bode well. [B]Ahead of the bell: FedEx[/B] UPS and FedEx have for the most part always traded in tandem. Today FedEx was down graded because their contractor ground model leaves their shares at risk. So, shouldn't this be good news for UPS?? But UPS is down too and UPS has just ratified a contract with the teamsters which includes taking over the Central States pension fund which should benefit them regarding long term costs..And we don't have contract labor issue with the possibility of owing the IRS a hefty sum. My hope is that UPS can separate itself from FedEx by reporting decent numbers with exceptional international growth and we can break this tandem trading thing with the long lost sweetheart of the street.. Of course oil at $100 a barrel doesn't help either one of us!! Just a thought!! [/QUOTE]
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FedEx Portable Pension Plan Sucks vs. UPS Plan
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