fedx
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How does UPS have their stock rising while FedEx is sinking? UPS is a Wall Street darling while FedEx has Wall Street concerned. How does UPS pay most of their drivers well over $30/hr (while topping them out in less than 4 years) while FedEx mostly pays in the high teens to middle $20's per hour and takes 20 years to top out-yet UPS is more successful? Moreover, FedEx uses contractors for their huge Ground operation so they don't have to pay any benefits, 401K, or pension. FedEx is using all kinds of shortcuts while UPS doesn't, yet UPS is blowing FedEx out of the water. It should be the other way around.
I know some will say it's all based on international shipments being down, but UPS ships internationally too. Maybe FedEx should have stayed domestic then if it's going to bring down the company like this. Sounds like mismanagement if they took some huge gamble on international shipments and it failed to pay off. TNT is like a cement block dragging down FedEx as well. Now we're all "paying" for their mistake(s). No real raise this year-just a cola at best.
Since wages are the biggest expense at a company, how is UPS doing so well while FedEx isn't even though FedEx pales in comparison pay wise compared to UPS?
I know some will say it's all based on international shipments being down, but UPS ships internationally too. Maybe FedEx should have stayed domestic then if it's going to bring down the company like this. Sounds like mismanagement if they took some huge gamble on international shipments and it failed to pay off. TNT is like a cement block dragging down FedEx as well. Now we're all "paying" for their mistake(s). No real raise this year-just a cola at best.
Since wages are the biggest expense at a company, how is UPS doing so well while FedEx isn't even though FedEx pales in comparison pay wise compared to UPS?