Wheel Seal
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is the time for Kinkos to step it up and carry our a$$ for awile or we all get hours cut and a % of pay withheld - I'm just GIDDY looking forward to whats going to happan someone off me!
FedEx Freight | freight lost 59 million and now....
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imported_jayhawk
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I think it was actually 59 million
FedEx Freight Segment
For the third quarter, the FedEx Freight segment reported:
Revenue of $914 million, down 21% from last year’s $1.16 billion
Operating loss of $59 million, down from operating income of $46 million a year ago
Operating margin of (6.5%), down from 4.0% the previous year
Less-than-truckload (LTL) average daily shipments decreased 13% year over year
FedEx Freight Segment
For the third quarter, the FedEx Freight segment reported:
Revenue of $914 million, down 21% from last year’s $1.16 billion
Operating loss of $59 million, down from operating income of $46 million a year ago
Operating margin of (6.5%), down from 4.0% the previous year
Less-than-truckload (LTL) average daily shipments decreased 13% year over year
Wheel Seal
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Thanks pal
Correction: -6.5%. Cost $1.06 to make $1.00 BUT this includes all freight divisions (Freight, National, Custom Critical)... Details to trickle in...
The Red Phone!
ring , ring , ring...
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Decisions!
if you see some of the f^&k&^ decisions that come out of road dispatch. We load unload reload so many trailers because of bad decisions from hro. And it's not that hard to figure out. Mind boggling. Dodn't run trips do vias run people back with mt's, i could go on and on. Maybe it's about time the management takes a beating in the next layoff. My 2yr old son figures crap out better than they do!!!!!!!!!! Idiots
Hours cut back ??? There is a "supervisor" (I use that loosely) in SGF that keeps the drivers just as late as he can,,,, doing idiot meaningless stuff.... instead of getting the freight back to their centers..... You figure an average of 8 guys (on his end of the dock) staying 1 hr later than needed due to current freight levels,,, thats $172 a day he is costing our company.... Add that up,,,,, hmmm..... oh well,, guess nobody cares.........
Trailer Trash
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It would be really interesting, but not possible, to know what the O R would have been if HRO had left the West Coast alone instead of changing evey thing. JMO, it would have been a lot better. Don't fix somethig if it isn't broken.
Slackdragon
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Now is a better time to change things .. when its slow ...we have to run as one.
What I don't understand .... is national hauling freight for 1/2 the price ..... thats some BS ..... I don't care what reason you can give me ..... thats wrong for our brothers to cut our throats ..... it says fedex on the door .....
What I don't understand .... is national hauling freight for 1/2 the price ..... thats some BS ..... I don't care what reason you can give me ..... thats wrong for our brothers to cut our throats ..... it says fedex on the door .....
imported_FXCITY
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Yes 50% less than our already 65 or 70 percent discount. Cant see how we are going to come out ahead like that.
redracer3368
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If National is getting all the freight why do we bother, other than we need a frigging job.
silent trucker
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TT, west was broken. Every 25 years or so, the entire ship needs to be scrubbed, polished and reordered. Kennon and Mahan did it in 1985. We were due.
Whether or not we like it...companies that don't change, die. Nowhere on the planet is Darwinism more true than in the business world. Those who adapt, survive; those who don't, die.
Don't believe me? Look at GM, Chrysler and Ford; compare them to Toyota, Honda and Nissan.
Every LTL company out there is either dying, or changing...God help us if we don't change fast enough. Remember the words of my older brother: "It's not the big that eat the small; it's the fast that eat the slow!".
We need to be faster than the competition, especially in reacting to the marketplace; the needs of our customers must be our only concern. How to react, how to change? Through flexibility. We must change quickly and correctly, with all team members working towards our goal of the ultimate customer experience every time!!!
ST
Well said S.T. Don't like it leave..
Slackdragon
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come on now ......... I don't have to like everthing that changes ..... and I'm not leaving .... :smilie_132:Don't like it leave..
screamingeagle35
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oo i know...must be someone that works everyday
Show me where we give a crap about our customers.
Show me where we are more flexible now than we were.
Hell, show me where we are a team.
You must believe in the posters all over the SC.
True that!
1) We do seem to care about SOME customers... Not all
2) We are indeed LESS flexible due to reduced workforce. This is before the coming "reduction in capacity".
3) We are a team in a way for "taking one for the team"
4) Posters! What posters?
Clandestine_ice
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Drove I75 from ORL north towards VLD on Friday. 3 1/2 hour trip and here is the rundown that I witnessed on my drive (personal vehicle):
3 FX National sets
3 YRC sets
3 SAIA sets
3 Conway sets
1 FXFE set!!!
3 FX National sets
3 YRC sets
3 SAIA sets
3 Conway sets
1 FXFE set!!!
It's all in the timing. When I drove my daughter home form New York last spring, I didn't see any National sets until I got to Nebraska, I did see a lot of Freight sets.