Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
From The Chairman: Fuel Prices
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="FedExRookie" data-source="post: 1509147" data-attributes="member: 44400"><p>Hate to be that guy, but it does not add to their profit. </p><p></p><p>They have lowered the fuel surcharge as a result of the lower fuel prices. From an accounting standpoint this will drop revenue significantly. I believe FedEx earned 3% lower over peak compared to estimates as well. </p><p></p><p>Don't be fooled, profits are still high and growing; however, revenue is down as a result of lower fuel prices. </p><p></p><p>TL;DR Overall revenue is down, profits were are not affected. </p><p></p><p>I bet during the next state of the station, good thing I left the company already, they will use the lower than expected revenue (which is just less money coming in for the fuel surcharge) to talk about how they need to cut back.</p></blockquote><p></p>
[QUOTE="FedExRookie, post: 1509147, member: 44400"] Hate to be that guy, but it does not add to their profit. They have lowered the fuel surcharge as a result of the lower fuel prices. From an accounting standpoint this will drop revenue significantly. I believe FedEx earned 3% lower over peak compared to estimates as well. Don't be fooled, profits are still high and growing; however, revenue is down as a result of lower fuel prices. TL;DR Overall revenue is down, profits were are not affected. I bet during the next state of the station, good thing I left the company already, they will use the lower than expected revenue (which is just less money coming in for the fuel surcharge) to talk about how they need to cut back. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
From The Chairman: Fuel Prices
Top