Ground taking over

[Gone fishin]

If you say the stock is going to take a major hit, there's no need for an advisor. SHORT SHORT SHORT

Leave that up to the professionals chief

 

[deadman]

How do you think it will turn out ?

seems like they're still following through with the plan so far 100-150 this year 400 shutdown by next year. so good i guess?

 

[59 Dano]

How do you think it will turn out ?

It's hard to predict.

I think in areas where it works out well they'll try to squeeze everything they can from it. They've said the goal for all of the planned consolidations is 2027. They probably don't get as much savings from it as they want, though it doesn't have to be perfect to be effective.

 

[59 Dano]

Leave that up to the professionals chief

You said the stock will plummet. Why do you think you're a professional?

 

[Gone fishin]

You said the stock will plummet. Why do you think you're a professional?

Well , I work there. I understand how the company runs and in my opinion when service is deplorable, customers will go elsewhere, hence profits plummet.
That’s how business works

 

[59 Dano]

Well , I work there. I understand how the company runs and in my opinion when service is deplorable, customers will go elsewhere, hence profits plummet.
That’s how business works

And if you know that the stock price will plummet -which you said it would- that's why you would short the stock. That's what shorting a stock is - betting that it will fall in price.

 

[deadman]

Well , I work there. I understand how the company runs and in my opinion when service is deplorable, customers will go elsewhere, hence profits plummet.
That’s how business works

service isn't the only metric with customers though if FedEx delivers my on time 96% of the time and ups 98% but costs twice as much i might just stick with FedEx. If FedEx has one day lanes via ground to half my customers and 2 day to the other half but ups is 2 and 3 respectively even the 4-5% of my stuff that is late is still arriving the same time as ups would the other 95% is quicker.

Hell, even network service % doesn't even give the whole picture if I'm shipping out of Chicago my rate could be 99% on time and ups could be 80% where Tracy California (notoriously one of our worst hubs) could be inverse.

Even if express take a small hit by using ground there are far more moving parts to these decisions than what you are letting on.

 

[Gone fishin]

And if you know that the stock price will plummet -which you said it would- that's why you would short the stock. That's what shorting a stock is - betting that it will fall in price.

If you work fedex , which I assume you do , would you ever invest money near fedex

 

[Gone fishin]

service isn't the only metric with customers though if FedEx delivers my on time 96% of the time and ups 98% but costs twice as much i might just stick with FedEx. If FedEx has one day lanes via ground to half my customers and 2 day to the other half but ups is 2 and 3 respectively even the 4-5% of my stuff that is late is still arriving the same time as ups would the other 95% is quicker.

Hell, even network service % doesn't even give the whole picture if I'm shipping out of Chicago my rate could be 99% on time and ups could be 80% where Tracy California (notoriously one of our worst hubs) could be inverse.

Even if express take a small hit by using ground there are far more moving parts to these decisions than what you are letting on.

I don’t think it’s going to be close to that percentage. I’m thinking much lower. People pay big money for express before 10:30 and expect it

 

[UnionStrong]

service isn't the only metric with customers though if FedEx delivers my on time 96% of the time and ups 98% but costs twice as much i might just stick with FedEx. If FedEx has one day lanes via ground to half my customers and 2 day to the other half but ups is 2 and 3 respectively even the 4-5% of my stuff that is late is still arriving the same time as ups would the other 95% is quicker.

Hell, even network service % doesn't even give the whole picture if I'm shipping out of Chicago my rate could be 99% on time and ups could be 80% where Tracy California (notoriously one of our worst hubs) could be inverse.

Even if express take a small hit by using ground there are far more moving parts to these decisions than what you are letting on.

You wished

 

[MrFedEx]

Oregon is not a right to work state

I agree that Oregon is not a RTW state. Please cite some locations as OR is very protective of jobs, especially lower wage ones since once you're out of PDX Metro it's a fairly depressed economy. To the point where you still can't do self-serve gas unless you're in a very rural area or at a casino. Locations?

 

[Gone fishin]

Hefty rate hikes in 2024 , that should go over good with customers and terrible service

 

[El Morado Diablo]

I agree that Oregon is not a RTW state. Please cite some locations as OR is very protective of jobs, especially lower wage ones since once you're out of PDX Metro it's a fairly depressed economy. To the point where you still can't do self-serve gas unless you're in a very rural area or at a casino. Locations?

I'm not in OR but I'm in the same district. We were told yesterday a small location in OR (Mt Hood?) was being closed and they would only be retaining 2 couriers.

 

[MassWineGuy]

Hefty rate hikes in 2024 , that should go over good with customers and terrible service

As Raj said when he announced the merger, “adding even more value for our customers.”

 

[UnionStrong]

As Raj said when he announced the merger, “adding even more value for our customers.”

Cutting overhead by laying off express employees

 

[MrFedEx]

I'm not in OR but I'm in the same district. We were told yesterday a small location in OR (Mt Hood?) was being closed and they would only be retaining 2 couriers.

That would be a small station.

 

[Gone fishin]

I’ve been reading how some ground employees are happy and satisfied with around 25 bucks an hour. That being said , if they plan on staying for awhile or even a career they have to understand at the end of the day their building no future.
If you don’t have paid sick days , 3,4,5 weeks paid vacation , personal days and most importantly a retirement plan.
This is a Fortune 500 company , employees deserve this for the work we put in, quit selling yourselves short. Remember , Fred S is a multi billionaire and grew his wealth from us , the foot soldiers who end up with knee , shoulder and back surgeries for our retirement gift.
I just don’t understand it

 

[zeev]

No Ground driver making $25.00 an hour, Fred got rich on deluded non union work force no representation no money

 

[Mutineer]

I’ve been reading how some ground employees are happy and satisfied with around 25 bucks an hour. That being said , if they plan on staying for awhile or even a career they have to understand at the end of the day their building no future.

Let's not forget there are alot of jobs out there that are far worse than being a Ground Ape, and for less money.

 

[UnionStrong]

Let's not forget there are alot of jobs out there that are far worse than being a Ground Ape, and for less money.

All with no future too, no long term security, no benefits worth staying for, if any. So the selling point for Ground is “work for us, we suck less” .