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FedEx Discussions
FedEx stock is crashing and burning. What do you think the future will be?
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<blockquote data-quote="TTLS1" data-source="post: 4303730" data-attributes="member: 75812"><p>I used to share this same sentiment, I have come to a few conclusions here. We(ups) changed for small packages, sure they aren’t as profitable but stop density as they call it, that’s what’s important. UPS seemed to be more willing to accept the small less profitable packages before fedex did. Amazon while they are becoming a shipping company, is only delivering their own packages, the Wall Street types keep banging the drum that they are gonna put us out of business. I don’t believe it, amazon competitors aren’t going to put their <img src="/community/styles/default/xenforo/smilies/group1/censored2.gif" class="smilie" loading="lazy" alt=":censored2:" title="Censored2 :censored2:" data-shortname=":censored2:" /> on amazons trucks, it’s that simple. Amazon is severely data driven, if I’m target or Walmart or whoever, I wouldn’t want my competitor seeing how many pieces I’m buying/shipping, who it’s coming from etc. amazon would take that data and try to get a better deal from the manufacturer I’m buying from and then hurt my business. While I don’t doubt amazons power, I believe there is a lot of smoke and mirrors in their business. We(UPS) own everything we have(almost), amazon, it’s all leases! Their planes, their trucks, their warehouses all leases!! Owning all our stuff allows us to offer cheaper prices(if we have to). E commerce isn’t going away, we aren’t going away, FedEx isn’t either. There’s more than enough room for a 3rd shipped albeit a <img src="/community/styles/default/xenforo/smilies/group1/censored2.gif" class="smilie" loading="lazy" alt=":censored2:" title="Censored2 :censored2:" data-shortname=":censored2:" />ty one. I do hope we cut ties with them eventually though. It sucks we and fedex created this monster, but I still feel we are better at shipping. The only reason amazon can offer same and next day delivery is because they put a warehouse so close to everyone. Shopify is the next big thing imo, they aren’t a market place simply a warehouse company that helps e commerce, If you got time look them up and read about them. I bet we get on that train(if we are smart we will)</p></blockquote><p></p>
[QUOTE="TTLS1, post: 4303730, member: 75812"] I used to share this same sentiment, I have come to a few conclusions here. We(ups) changed for small packages, sure they aren’t as profitable but stop density as they call it, that’s what’s important. UPS seemed to be more willing to accept the small less profitable packages before fedex did. Amazon while they are becoming a shipping company, is only delivering their own packages, the Wall Street types keep banging the drum that they are gonna put us out of business. I don’t believe it, amazon competitors aren’t going to put their :censored: on amazons trucks, it’s that simple. Amazon is severely data driven, if I’m target or Walmart or whoever, I wouldn’t want my competitor seeing how many pieces I’m buying/shipping, who it’s coming from etc. amazon would take that data and try to get a better deal from the manufacturer I’m buying from and then hurt my business. While I don’t doubt amazons power, I believe there is a lot of smoke and mirrors in their business. We(UPS) own everything we have(almost), amazon, it’s all leases! Their planes, their trucks, their warehouses all leases!! Owning all our stuff allows us to offer cheaper prices(if we have to). E commerce isn’t going away, we aren’t going away, FedEx isn’t either. There’s more than enough room for a 3rd shipped albeit a :censored:ty one. I do hope we cut ties with them eventually though. It sucks we and fedex created this monster, but I still feel we are better at shipping. The only reason amazon can offer same and next day delivery is because they put a warehouse so close to everyone. Shopify is the next big thing imo, they aren’t a market place simply a warehouse company that helps e commerce, If you got time look them up and read about them. I bet we get on that train(if we are smart we will) [/QUOTE]
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FedEx stock is crashing and burning. What do you think the future will be?
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