Trump's corporate tax cut for the windfall

Discussion in 'Fedex Freight' started by Thom-8-Toes, Jan 11, 2018.

  1. Thom-8-Toes

    Thom-8-Toes Active Member

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    Okay, So .....does anyone care to take a stab at the amount the April raise will come in at....?

    $1.50 ?.....$2.00 ?.......$2.50 ?.... Per hour For City.......

    $.04 ? . . .$.06 ?.... $.08 ?...Per Mile Road.......
     
  2. Crazy Trucker

    Crazy Trucker The lead Clown's kryptonite!!!!!!

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    My guess is 1 dollar, who knows how much for road.
     
  3. FedexLube

    FedexLube Well-Known Member

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    Yea, that’s what I think too
     
  4. mattbob

    mattbob Active Member

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    rumor has it,,,,,,,no mileage raise, just hourly, just heard this last night
     
  5. SwampRatt

    SwampRatt Well-Known Member

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    [​IMG]
    120 pages

    Funny, we were just talking about this...
     
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  6. Crazy Trucker

    Crazy Trucker The lead Clown's kryptonite!!!!!!

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    lol doubt they are going to start the next world war between city and road. :grouphug:
     
  7. Clandestine_ice

    Clandestine_ice Kansas_City_Kitty

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    lmfao!! Thats like the gayest rumor ever. That would go over like a fart in church
     
  8. Richard Cranium

    Richard Cranium Well-Known Member

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    Being a California domiciled road driver, that works for me!
     
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  9. SwampRatt

    SwampRatt Well-Known Member

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    Not to mention running counter to the intent of the tax reform legislation. They already risk playing right into twisted Nancy's playbook. Big mistake, if that were to happen.
     
  10. SwampRatt

    SwampRatt Well-Known Member

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    I'm not sure that FedEx Corporation is even all that familiar with the term... Evidenced by the inconsistencies of Freight vs Express.
     
  11. mudrunner

    mudrunner Active Member

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    They had there chance to be a city driver.
     
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  12. Richard Cranium

    Richard Cranium Well-Known Member

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    Why on earth would someone want to be one of those?
     
  13. No F-bdy Bs

    No F-bdy Bs Active Member

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    Working nights for 12+yrs,killing my weekends, holidays, getting stuck in a sketchy hotel because roads are iced, sitting by the phone like a semi-trained primate, getting bumped to dock work just to keep lights on, driving at 4am when I could be in my bed all while making slightly more than my city counterparts, all while becoming an overweight, bitter impotent shell of a man, resentful of city guys?


    Where do I sign up?!??
     
  14. SwampRatt

    SwampRatt Well-Known Member

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    WELL PLAYED! Very well played. :1036316054:
    :biglaugh:
     
  15. SwampRatt

    SwampRatt Well-Known Member

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    Also VERY well played! :1036316054:
    :biglaugh:
     
  16. SwampRatt

    SwampRatt Well-Known Member

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    Well, it's a little healthier lifestyle, physically. Then there is the social interaction, significantly more engaging than CB/cell phone chatter.
    Plus, we know chicks love FedEx (city) Drivers...

    :cool:
     
  17. The Point

    The Point You get it or not!

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    So this quote from that article seems to indicate no tax money will go to the pension but will just use the bond money in place? "FedEx’s Chief Financial Officer Alan Graf said on a Dec. 19 earnings call that should the tax changes pass, the company would use some of the savings to make additional pension fund contributions."
     
  18. SwampRatt

    SwampRatt Well-Known Member

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    Last year they issued bonds, to the tune of $1.2B. $1B of that went into (a) pension fund.

    So, this year's $1.5B bond offering (for (a) pension funding) can be sold as "increased by 50%, year over year", due to more favorable tax policy.

    Wonder if we'll have to wait for the annual report, for the rest of the story.
    :idunno:
     
  19. The Point

    The Point You get it or not!

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    Oh I am sure it will all play out in the annual report well after most have forgotten. June for the FY18 and the September mailing of our pension statement will complete the picture. We of course will dig it out then.
     
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  20. SwampRatt

    SwampRatt Well-Known Member

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    Meanwhile, something like this?
     
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