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<blockquote data-quote="montecarlo12" data-source="post: 79207" data-attributes="member: 4659"><p>Jones,</p><p>I understand what you are saying in your post. Fedex Express and Fedex ground are two Independently run companies under Fedex Corp.</p><p></p><p>If you read Tieguys post #4 on this thread you will see he makes a claim that Fedex had a bad 2nd Quarter, and lost package volume. If you read my Post #17 I think you will see I am on the money as far as my math.</p><p></p><p>Reading the earnings release broken down into individual operating companies you will also see that the Express division had a daily pack volume increase of 9% between intl and domestic volume which makes Ties theory of lost package volume incorrect. It was just the opposite.</p><p></p><p>Looking into Fedex Grounds daily package volume they also enjoyed an increase of 4% for the 2nd quarter. Again package increase over last years 2nd Quarter which seems to also blow Ties theory out of the water of lost volume that he claimed.</p><p></p><p>Tie also posted that not only did Fedex have a terrible quarter but Its GDP was less than the growth of the economy for 2005. Fedex had a GDP of 3.6 U.S despite hurricane-related setbacks and dramatic run-up of energy cost. Would that be better or worse than the growth of the economy for 2005.</p><p></p><p>In short Jones, Tie was wrong about Fedex having lost volume (in any of its operating companies), a bad 2nd quarter, and a poor GDP for 2005. </p><p>At least Tieguy is consistent about his theories and facts being incorrect.</p></blockquote><p></p>
[QUOTE="montecarlo12, post: 79207, member: 4659"] Jones, I understand what you are saying in your post. Fedex Express and Fedex ground are two Independently run companies under Fedex Corp. If you read Tieguys post #4 on this thread you will see he makes a claim that Fedex had a bad 2nd Quarter, and lost package volume. If you read my Post #17 I think you will see I am on the money as far as my math. Reading the earnings release broken down into individual operating companies you will also see that the Express division had a daily pack volume increase of 9% between intl and domestic volume which makes Ties theory of lost package volume incorrect. It was just the opposite. Looking into Fedex Grounds daily package volume they also enjoyed an increase of 4% for the 2nd quarter. Again package increase over last years 2nd Quarter which seems to also blow Ties theory out of the water of lost volume that he claimed. Tie also posted that not only did Fedex have a terrible quarter but Its GDP was less than the growth of the economy for 2005. Fedex had a GDP of 3.6 U.S despite hurricane-related setbacks and dramatic run-up of energy cost. Would that be better or worse than the growth of the economy for 2005. In short Jones, Tie was wrong about Fedex having lost volume (in any of its operating companies), a bad 2nd quarter, and a poor GDP for 2005. At least Tieguy is consistent about his theories and facts being incorrect. [/QUOTE]
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