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FedEx Discussions
UPS eating FEDEX up?
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<blockquote data-quote="bacha29" data-source="post: 2861429" data-attributes="member: 58386"><p>A station /terminal serves the economy of that local area. One station can be doing terrible but another 50 miles or so away is doing so well that they have to ask the slow terminal for personnel to come help out. On several occasions we were the donor terminal You can't make a judgement on just one station but here's something that might be a key indicator of things to come. Last week several major banks reported that their credit card divisions incurred an increase in credit card defaults. It's a consumption based economy and company and this indicator may be a sign of a slowing economy which post a first quarter GDP growth rate of 0.70% annualized. Watch and see what the Fed does in the coming weeks.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2861429, member: 58386"] A station /terminal serves the economy of that local area. One station can be doing terrible but another 50 miles or so away is doing so well that they have to ask the slow terminal for personnel to come help out. On several occasions we were the donor terminal You can't make a judgement on just one station but here's something that might be a key indicator of things to come. Last week several major banks reported that their credit card divisions incurred an increase in credit card defaults. It's a consumption based economy and company and this indicator may be a sign of a slowing economy which post a first quarter GDP growth rate of 0.70% annualized. Watch and see what the Fed does in the coming weeks. [/QUOTE]
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