Ground owners get ready to drive again

[bbsam]

Doing so would at least on the surface make pretty good sense. Fed ex in most cases doesn't own the building but rather leases them from third parties who built to fed ex specs. By turning them over to third party proprietors to run the place they would be eliminating at least 2 and perhaps 3 tiers of facility management and the legacy costs they would create in the future. Fedex employed managers at the facility would either have to go to work for the new proprietor and possibly at reduced pay, go get new jobs or becomes the facility proprietor themselves.

I do believe you are correct.

 

[bbsam]

Sounds like purple koolaid to me.

Ok. I think we can all agree that FedEx is not standing still. So what direction are they headed in in your estimation?

 

[Fred's Myth]

Ok. I think we can all agree that FedEx is not standing still. So what direction are they headed in in your estimation?

They’ll return the favor with Amazon, adopting the Amazon system of extracting the most profit for the company at the expense of their Delivery Partners.

$10 million is pie in the sky unless that contractor has exclusive, franchise rights to the entire terminal.

 

[bbsam]

They’ll return the favor with Amazon, adopting the Amazon system of extracting the most profit for the company at the expense of their Delivery Partners.

$10 million is pie in the sky unless that contractor has exclusive, franchise rights to the entire terminal.

Well that’s the FedEx system that Amazon copied.

was $1.5 million “pie in the sky” 5 years ago?

 

[Fred's Myth]

Well that’s the FedEx system that Amazon copied.

was $1.5 million “pie in the sky” 5 years ago?

You may be right. I forgot that, under Biden’s economy, $10M will become chump change.

 

[MAKAVELI]

Ok. I think we can all agree that FedEx is not standing still. So what direction are they headed in in your estimation?

Amazon will be buying FedEx in the next 5 to 10 years.

 

[bbsam]

You may be right. I forgot that, under Biden’s economy, $10M will become chump change.

Pretty weak response.

 

[bbsam]

Amazon will be buying FedEx in the next 5 to 10 years.

That myth has been going for a decade now. Why would they want it?

 

[vantexan]

That myth has been going for a decade now. Why would they want it?

Complete control of the supply chain?

 

[It will be fine]

That myth has been going for a decade now. Why would they want it?

Just as soon as their nationwide delivery network is setup they’ll swoop in and buy FedEx! Makes perfect sense.

 

[bbsam]

Complete control of the supply chain?

That would have them buying UPS.

 

[vantexan]

That would have them buying UPS.

Or both. Isn't UPS privately held?

 

[bbsam]

Or both. Isn't UPS privately held?

No. Not for about the past 25 years.

 

[vantexan]

No. Not for about the past 25 years.

Shows what I know.

 

[bbsam]

Shows what I know.

Screenshot for future use.

 

[bacha29]

Or both. Isn't UPS privately held?

One class of UPS is private . the other class is public.
And I keep hearing from time to time talk of an Asian private equity firm making a play for a major US based carrier. Then there were public comments from Maersk about getting into the game. I wouldn't put much stock into any such comments or rumors until the future of the USPS becomes clear.
But at the same time the idea of turning the hubs and terminals over to private operators would also serve to give Fedex the opportunity to put more distance between themselves and the Teamsters. The new proprietors can fight the unions.

 

[MAKAVELI]

That myth has been going for a decade now. Why would they want it?

It's how Amazon operates. Once they get la foothold in an industry they tend to eliminate the competition.

 

[Working4the1%]

No. It means I’m honest about the fact that at that point I don’t want the headaches. In 5 years I’ll be 58. There’s a lot to see and do in the world.

I do it on my 6 weeks vacation...

 

[Working4the1%]

It's how Amazon operates. Once they get la foothold in an industry they tend to eliminate the competition.

But they would need like a 100,000 trucks..oh wait Banish billions of boxes? How Amazon's 100,000 electric trucks could eliminate the need for cartons | ZDNet

 

[Fred's Myth]

But they would need like a 100,000 trucks..oh wait Banish billions of boxes? How Amazon's 100,000 electric trucks could eliminate the need for cartons | ZDNet

“With 100,000 vehicles hitting the roads starting next year, this is an enormous fleet.”

Here come rolling brownouts across the country.