Remember he TEACHES the "Strategic Misrepresentation" course at the academy. Should we expect anything different?
FedEx stock is crashing and burning. What do you think the future will be?
- Thread starter fedx
- Start date
Gone fishin
Well-Known Member
Faster is the future. Not ground
Cactus
Just telling it like it is
By then it'll be too late.
Serf
Well-Known Member
I'm not sure I follow. If faster is the future and is paramount, Express wouldn't be in such a big pickle.
HedleyLamarr
Well-Known Member
They want it fast, but also cheaply. Express speed without Express prices.
Gone fishin
Well-Known Member
TNT integration , trade war , automation
Nike
Well-Known Member
When you don't really care about the customer or your employees either, your business will be doomed to failure. Sure it might make some money in the short term, but over time the chinks and cracks will grow and it will die. Amazon, Walmart, FedEx, they're all the same. It may take some time but eventually, their love of money/investors and general greed will do them in. Look what happened to Walmart when they tried to go to Germany. Eventually, for better or worse, the types of laws/policies we see in Europe will start to trickle into America. Like it or not in 2024 when President Trump is gone these types of laws I think will start to accelerate and make it more difficult for these super corporations to keep doing what they do. I'm not agreeing or disagreeing with this just pointing out what I think is going to happen.
59 Dano
I just want to make friends!
Freight moves some of its cargo via rail.
Rick Ross
I'm into distribution!!
I guess it must have been freight. They were newer day cab tractors and only said FedEx on the doors, no contractor information.
Rick Ross
I'm into distribution!!
So was FedEx ground blown up for peak even without Amazon? Being in feeders I haven't paid attention.
Serf
Well-Known Member
The TNT integration is borderline embarrassing.
dezguy
Well-Known Member
Fixed that for you.
Serf
Well-Known Member
HAH!
dezguy
Well-Known Member
Honestly, why it's taken this long to integrate one company into another is beyond me.
Operational needs
Virescit Vulnere Virtus
Very much so and getting lots of bad publicity.
I got half way through the transcript from the earnings call and I gave up. Everything was we didn't know or we didn't expect. We didn't know upgrading ground to 7 days would be so expensive. We didn't know that volume for cyber monday would be 37 million not 33 million. We didn't know it would take so long to integrate TNT. We didn't know Christmas was Dec 25th this year (OK made that one up.)
We used to be the ones with the ideas, not anymore. It's all reactionary.
The top is focused on ground, they keep building more ground hubs to make ground faster to keep up with Amazon but they really can't. Amazon has deep pockets and innovative people. Our folks couldn't see that a shorter peak window meant more packages moving in less time.
Future plans: Walgreens and Dollar General so that 90% of the US can be 10 minutes or less from a "Fedex" location for drop off and pickup. Focus on the package return segment, they see big dollars there. Retire planes, retire pilots and get TNT fully integrated.
Right now we still do Amazon international, they can't do it. Maybe they would like to take TNT off of our hands?
They didn't mention anything about China and our China debacle and if that has had any effect. Maybe Amazon would like to buy our Asia routes, too.
II think it will be status quo until the election in November.
We used to be the ones with the ideas, not anymore. It's all reactionary.
The top is focused on ground, they keep building more ground hubs to make ground faster to keep up with Amazon but they really can't. Amazon has deep pockets and innovative people. Our folks couldn't see that a shorter peak window meant more packages moving in less time.
Future plans: Walgreens and Dollar General so that 90% of the US can be 10 minutes or less from a "Fedex" location for drop off and pickup. Focus on the package return segment, they see big dollars there. Retire planes, retire pilots and get TNT fully integrated.
Right now we still do Amazon international, they can't do it. Maybe they would like to take TNT off of our hands?
They didn't mention anything about China and our China debacle and if that has had any effect. Maybe Amazon would like to buy our Asia routes, too.
II think it will be status quo until the election in November.
Cactus
Just telling it like it is
Many great ideas came from the frontline employees. Trouble is management stopped listening or blew them off. That alone had much more negative effect on the whole operation than the top brass will ever understand.
