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FedEx Discussions
FedEx vs UPS Profit margins
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<blockquote data-quote="vantexan" data-source="post: 3823765" data-attributes="member: 24302"><p>Sometimes you really don't think. FedEx spends a little over half of it's $50+ Billion revenue on payroll. The rest is accounted for by fuel, equipment, etc. Leaves it a couple billion in profit. Even if it spent all of the profit on the employees, which it won't, it wouldn't be nearly enough to equal UPS pay and certainly wouldn't top them out at UPS speed. That's the reality and all the railing against them in the world won't change it. And Express will have to accept the recent pay changes as Ground is becoming ever more important to the company and to keep it growing FedEx will have to compensate better. I don't know if Ground drivers will ever make as much as Express, but if they aren't satisfied they should look to get on at Express or UPS to improve themselves. Or look elsewhere.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3823765, member: 24302"] Sometimes you really don't think. FedEx spends a little over half of it's $50+ Billion revenue on payroll. The rest is accounted for by fuel, equipment, etc. Leaves it a couple billion in profit. Even if it spent all of the profit on the employees, which it won't, it wouldn't be nearly enough to equal UPS pay and certainly wouldn't top them out at UPS speed. That's the reality and all the railing against them in the world won't change it. And Express will have to accept the recent pay changes as Ground is becoming ever more important to the company and to keep it growing FedEx will have to compensate better. I don't know if Ground drivers will ever make as much as Express, but if they aren't satisfied they should look to get on at Express or UPS to improve themselves. Or look elsewhere. [/QUOTE]
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