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FedEx's Ultimate Goal After 2020 (Keep On Topic Please)
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<blockquote data-quote="bacha29" data-source="post: 3998043" data-attributes="member: 58386"><p>1.. Even if it were possible to pass everything off onto contractors would they're employees be under the RLA or Taft Hartley?</p><p></p><p>2. Fat Freddy's in his late 70's and has like 10 kids to 2 different women and after he's gone you don't know what his kids will do with the company. A good </p><p> example was yesterday when there was a large and complex amount of stock trading ahead of the earnings report that has the SEC taking note of .</p><p></p><p>3. As has been mentioned before there are several classes of high value high security freight that cannot be easily handed off to third party contractors.</p><p></p><p>4. Smith's bigger worries as he pointed out was the slower and more costly integration of TNT, lack of a Brexit and China trade deal, more tariffs resulting in</p><p> very weak international freight volume at a time when 42 new 67's and 77's are headed his way</p><p></p><p>5. With the company desperate to find profitable operations any place they can be found about the only thing contractors can look forward to in the near</p><p> term is more margin compression and the continued loss of what little control they currently have.</p><p></p><p>6. Keep in mind the fact that the company going all the way back to the RPS days made it abundantly clear that it was not in the enterprise building business</p><p> for the benefit of third party contractors because contractors are not doing anything XG can't do themselves except in two key areas..... The procurement</p><p> of labor that's even cheaper than they can get it ( we're talking fast food cheap labor) and to serve as an anti union firewall. If it wasn't for that do you</p><p> think that they would actually want you around? What benefit would you be to them?</p></blockquote><p></p>
[QUOTE="bacha29, post: 3998043, member: 58386"] 1.. Even if it were possible to pass everything off onto contractors would they're employees be under the RLA or Taft Hartley? 2. Fat Freddy's in his late 70's and has like 10 kids to 2 different women and after he's gone you don't know what his kids will do with the company. A good example was yesterday when there was a large and complex amount of stock trading ahead of the earnings report that has the SEC taking note of . 3. As has been mentioned before there are several classes of high value high security freight that cannot be easily handed off to third party contractors. 4. Smith's bigger worries as he pointed out was the slower and more costly integration of TNT, lack of a Brexit and China trade deal, more tariffs resulting in very weak international freight volume at a time when 42 new 67's and 77's are headed his way 5. With the company desperate to find profitable operations any place they can be found about the only thing contractors can look forward to in the near term is more margin compression and the continued loss of what little control they currently have. 6. Keep in mind the fact that the company going all the way back to the RPS days made it abundantly clear that it was not in the enterprise building business for the benefit of third party contractors because contractors are not doing anything XG can't do themselves except in two key areas..... The procurement of labor that's even cheaper than they can get it ( we're talking fast food cheap labor) and to serve as an anti union firewall. If it wasn't for that do you think that they would actually want you around? What benefit would you be to them? [/QUOTE]
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