Fred sells big.

bacha29

Well-Known Member
Fast Freddy sold 30 million dollars worth of stock 4/5/2019. A vote of confidence?
With the stock price bouncing off it's 52 week low a confident CEO would be buying stock . Last I heard he only owned 6.2% of the company himself but what his private holding company owns that's not readily known.
 

Serf

Well-Known Member
So express to offer 2 day service same price as ground "to fill its planes." According to WSJ. Not a bad idea. Hope it's not a day late & dollar short attempt.
 

bacha29

Well-Known Member
So they get rid of the biggest discounted shipper only to discount other shippers. Lol
What does it say about a company that's now competing against itself? Like a cat playing with a pair of cornered mice. Let's face it. What you now have is a rate war between Express and Ground with contractors caught in the middle.
 

Star B

White Lightening
So they get rid of the biggest discounted shipper only to discount other shippers. Lol
It's a good idea. That way one company can't pull the plug and ruin us. Discount ourselves to 100 people and then jack the rates up slowly. When 20% leave, that still leaves 80 companies shipping with us because changing is "too hard".
 

59 Dano

I just want to make friends!
It's a good idea. That way one company can't pull the plug and ruin us. Discount ourselves to 100 people and then jack the rates up slowly. When 20% leave, that still leaves 80 companies shipping with us because changing is "too hard".

One company can't ruin us anyway, but it's a better idea to build volume. For example, Amazon was on company that shipped a ton of packages at a huge discount. This is recoup that volume with multiple smaller companies who don't warrant such a deep discount. And to your point, it would reduce the volatility that one shipper could create.
 
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