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<blockquote data-quote="59 Dano" data-source="post: 863790" data-attributes="member: 23516"><p>There must be something in the water. I feel like Oliver Douglas.</p><p></p><p>I said that money can be moved and used for whatever purposes AS LONG AS THEY SHOW IT moving out of one opco and into another. And when they move it, they show it.</p><p></p><p>If anyone had any idea how much was being spent on Ground and Express' infrastructure over the past few years (and from the sound of things, no one does), the "Express is funding Ground's expansion" argument wouldn't even be taking place. Last year, capital/infrastructure spending favored Express by 6 to 1 with $2.4 billion, a 30%+ increase from the previous year. Express has seen record levels of capital/infrastructure investment in 3 of the last 4 fiscal years.</p><p></p><p>I don't know who started the idea that investments in Ground come from profits and/or cuts made at Express, but the numbers don't show it. They don't even suggest it.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 863790, member: 23516"] There must be something in the water. I feel like Oliver Douglas. I said that money can be moved and used for whatever purposes AS LONG AS THEY SHOW IT moving out of one opco and into another. And when they move it, they show it. If anyone had any idea how much was being spent on Ground and Express' infrastructure over the past few years (and from the sound of things, no one does), the "Express is funding Ground's expansion" argument wouldn't even be taking place. Last year, capital/infrastructure spending favored Express by 6 to 1 with $2.4 billion, a 30%+ increase from the previous year. Express has seen record levels of capital/infrastructure investment in 3 of the last 4 fiscal years. I don't know who started the idea that investments in Ground come from profits and/or cuts made at Express, but the numbers don't show it. They don't even suggest it. [/QUOTE]
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