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The ground guys I have talked to are not excited about having express packages injected into their day. Nor are they embracing the 7 day delivery. I think FedEx may have a retention problem at Ground on the horizon.
 
The Point said:
The ground guys I have talked to are not excited about having express packages injected into their day. Nor are they embracing the 7 day delivery. I think FedEx may have a retention problem at Ground on the horizon.
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Ground and express probably aren’t under any hours of service regulations either. I’m sure those contractors work those guys to death.
 
Diggger86 said:
Ground and express probably aren’t under any hours of service regulations either. I’m sure those contractors work those guys to death.
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Ground is under HOS regulations, but there are ways around it. I wouldn't be using my clock until I left the terminal even though I already spent 2 hours there loading my truck. I would only have to allow for 15 minutes before leaving for a pretrip I never did.
 
The Point said:
The ground guys I have talked to are not excited about having express packages injected into their day. Nor are they embracing the 7 day delivery. I think FedEx may have a retention problem at Ground on the horizon.
Click to expand...
I would expect part timers to handle the weekend stuff. Almost no one is going to work 7 days a week, for more than a handfull of weeks. Talk about becoming "digruntled".
 
Streaker69 said:
  • Pilot must be employed for at least six months at Empire Airlines or Mountain Air Cargo before entering the program
That would be the biggest obstacle for me.
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I would think the associates/bachelor degree along with the pilots license would be the first obstacle(s) for most...
 
FedEx and Chanje to Develop Groundbreaking Charging Infrastructure
Construction Underway to Electrify 42 Locations

https://www.businesswire.com/news/home/20200227005773/en/

"FedEx announced the addition of 1,000 Chanje V8100 electric delivery vehicles to its fleet last November. FedEx is purchasing 100 of the vehicles from Chanje Energy Inc. and leasing 900 from Ryder System, Inc. Today’s agreement will provide an innovative infrastructure to support the continued rollout of its electric vehicle fleet.

“FedEx is thrilled to continue being a pioneering industry leader in the electric vehicle space,” said Mitch Jackson, chief sustainability officer, FedEx Corp. “The vehicles and DC charging infrastructure will not only help FedEx meet our operational efficiency and sustainability goals, but provide learning, scaling and experience to others in the vehicle electrification journey. We believe this will be a game-changer.”

No mention of Goverment "incentives", likely to contribute to the cost effectiveness...
 
FedEx Announces CFO Transition with Retirement of Alan B. Graf, Jr.

(effective December 31, 2020. Mike Lenz, corporate vice president and treasurer, has been named his successor)

https://www.businesswire.com/news/home/20200309005796/en/

“In his 40 years at FedEx, Alan has helped build and transform this company,” said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. “He has been part of every significant decision and helped navigate tremendous growth, strategic investments, international acquisitions and global challenges. FedEx would not be the $69 billion globally admired corporation we are today without his leadership.”
 
Raj Subramaniam, President and COO, FedEx Corporation U.S. Chamber of Commerce Aviation Summit – March 5, 2020

[Transcript]
https://about.van.fedex.com/wp-cont...amber-Aviation-Summit-Speech_March-5-2020.pdf

"FedEx sits at the intersection of the physical and digital world, and we are in a transformational era of new technology. I want to take this opportunity to share with you some of the exciting solutions underway to ensure a better future..."
 
SwampRatt said:
FedEx CEO Sees Vindication Ahead for His Anti-Amazon Strategy

https://www.bloomberg.com/news/arti...mises-2020-rebound-will-prove-him-right-again

"FedEx Corp. founder Fred Smith, nearing the end of a legendary career, says he’s going to prove himself right one more time."

"He’s drawing the battle lines, positioning FedEx as a kind of anti-Amazon ally for big-box retailers and pledging that his strategy will soon enable FedEx to overtake UPS."
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FEDEX stock is down 59% from it's march 2018 high. UPS stock is down 34% from march 2018 high. UPS stock is worth 2 1/2 times FEDEX stock. Might take a little longer than "soon", to make up a 2 1/2 times market value lead.
 
Bubba Gump said:
FEDEX stock is down 59% from it's march 2018 high. UPS stock is down 34% from march 2018 high. UPS stock is worth 2 1/2 times FEDEX stock. Might take a little longer than "soon", to make up a 2 1/2 times market value lead.
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But if FedEx stock gets much lower it’ll be time to buy, buy, buy....then I can sit and wait for it to return to 200+!! :1036316054:
 
SwampRatt said:
Raj Subramaniam, President and COO, FedEx Corporation U.S. Chamber of Commerce Aviation Summit – March 5, 2020

[Transcript]
https://about.van.fedex.com/wp-cont...amber-Aviation-Summit-Speech_March-5-2020.pdf

"FedEx sits at the intersection of the physical and digital world, and we are in a transformational era of new technology. I want to take this opportunity to share with you some of the exciting solutions underway to ensure a better future..."
Click to expand...
Freddy is going to go to his grave knowing that his package delivery company was #2 to a union company.
 
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