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Ground to absorb Express
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<blockquote data-quote="bacha29" data-source="post: 2704064" data-attributes="member: 58386"><p>Clearly you're from a bygone era in the shipping business. Yes, it is important that people employed in the business behave in a civilized manner. What is also quite clear is that you resented the addition of Fedex Ground in 1997 and do so to this very day.Well get used to it pal. It exists, it growing and once again IT MAKES MONEY. Why didn't X create it's OWN dedicated ground package delivery business? The answer is simple. It didn't have the money to start up one of it's own or even the money to to buy RPS outright . It had to print new shares of stock to buy it.So instead of looking down that smug little nose of yours at FXG enjoy the run up in the stock price for which ground has contributed mightily , which in turn will help make you're retirement much more comfortable. And don't forget the fact that FXG contractors have considerable sums of their OWN money much of it BORROWED at risk in that venture. How much BORROWED money do you have at risk?</p></blockquote><p></p>
[QUOTE="bacha29, post: 2704064, member: 58386"] Clearly you're from a bygone era in the shipping business. Yes, it is important that people employed in the business behave in a civilized manner. What is also quite clear is that you resented the addition of Fedex Ground in 1997 and do so to this very day.Well get used to it pal. It exists, it growing and once again IT MAKES MONEY. Why didn't X create it's OWN dedicated ground package delivery business? The answer is simple. It didn't have the money to start up one of it's own or even the money to to buy RPS outright . It had to print new shares of stock to buy it.So instead of looking down that smug little nose of yours at FXG enjoy the run up in the stock price for which ground has contributed mightily , which in turn will help make you're retirement much more comfortable. And don't forget the fact that FXG contractors have considerable sums of their OWN money much of it BORROWED at risk in that venture. How much BORROWED money do you have at risk? [/QUOTE]
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