Extra Large Package
I'm try to figure out why FedEx isn't blowing UPS out of the water in profit margins since 1. FedEx Express starting pay is way less than UPS (like $5/hr less to start). 2. FedEx Express takes anywhere from 10 to 20 years to top out their drivers, while UPS does it in less than 4 yrs. Salaries are usually the biggest expense for a company. 3. FedEx Ground uses a subcontractor model where FedEx doesn't pay any benefits or retirement. FedEx should be making way more money. I understand FDX has a fleet of aircraft, but so does UPS. What am I not taking into consideration? I just don't get it.