Ricochet1a
Well-Known Member
If you've already received Fred's July "From the Chairman", this may be old news to you. If you haven't, Fred makes a rather telling bit of "prophesy" regarding the imminent changes.
Quoting:
"...One business decision many of our customers have made is to trade speed for savings. Though that decision may be partly driven by the current economy, it's a mistake to think that it's temporary. (There is no "storm to ride out", this is the new normal) We have seen a steady shift from priority services to deferred (non-overnight Express) or from express services to ground, especially in the United States. This trend is likely to continue as many customers are recalilbrating their supply chain decisions. The good news for FedEx is that we have a full menu of services to offer and can keep this volume in our "family". ...
Cut Material
...Another good example is FedEx Ground. Over the past eight years, we have combined cutting-edge technologies and a passion for efficiency to reduce transit times by at least one full day in 69 percent of its continental U.S. transit times. FedEx Ground is now faster to more locations than any other ground carrier. And its service levels are at an all-time high. With that kind of dedication to efficiency, it's no wonder FedEx Ground has taken market share for 49 straight quarters...
And it is going to be getting even more market share shortly....
End Quote
In poker, this is what is known as a "tell".
It's good to know that everyone (those who work for Fred), is in the same "family" and will all prosper and be provided for out of the magnificence of Fred.
Cough, cough....
Another way I see the above excerpts, is that Fred has undone his trousers and is getting getting ready to take a dump on the Express Couriers...
Just look up and get what is coming your way in the not too distant future!!
SPLAT!!!
Quoting:
"...One business decision many of our customers have made is to trade speed for savings. Though that decision may be partly driven by the current economy, it's a mistake to think that it's temporary. (There is no "storm to ride out", this is the new normal) We have seen a steady shift from priority services to deferred (non-overnight Express) or from express services to ground, especially in the United States. This trend is likely to continue as many customers are recalilbrating their supply chain decisions. The good news for FedEx is that we have a full menu of services to offer and can keep this volume in our "family". ...
Cut Material
...Another good example is FedEx Ground. Over the past eight years, we have combined cutting-edge technologies and a passion for efficiency to reduce transit times by at least one full day in 69 percent of its continental U.S. transit times. FedEx Ground is now faster to more locations than any other ground carrier. And its service levels are at an all-time high. With that kind of dedication to efficiency, it's no wonder FedEx Ground has taken market share for 49 straight quarters...
And it is going to be getting even more market share shortly....
End Quote
In poker, this is what is known as a "tell".
It's good to know that everyone (those who work for Fred), is in the same "family" and will all prosper and be provided for out of the magnificence of Fred.
Cough, cough....
Another way I see the above excerpts, is that Fred has undone his trousers and is getting getting ready to take a dump on the Express Couriers...
Just look up and get what is coming your way in the not too distant future!!
SPLAT!!!