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FedEx Freight | Fedex Corp (FDX) Q4 2021 Earnings Call Transcript

SwampRatt said:
Weak argument, Obviously irrelevant to the topic. So you are content with your insurance benefit? Good for you.

NEWSFLASH: Not every driver makes 100k, and not all employees are drivers. But everyone is subject to our "awesome" insurance options.

You sound like you support the Marxist principal of "From each according to his abilities, to each according to his needs"

Why did you feel the need to bring the Teamsters into a topic unrelated - Freight Helping Ground? Do you think it's done for free?

Teamsters? Do you think they are the only Union able to represent drivers? Again, not sure why the need to bring them, or the Union, into this topic...
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good reply swamp. right on point
 
Banned for Life said:
You obviously have never been a Teamster, or a Teamster officer. You pretend to be ignorant of FEDEX's total control of every aspect of a FEDEX ground drivers day. If it was such a cut and dried issue as you put forward, it wouldn't have taken years and millions of dollars on lawyers to get where they are. If it wasn't for the anti labor biden/bama administration and careful judge shopping they would have never won. The only thing the judge did, was force FEDEX GROUND to ditch the single driver franchisees. They forced franchisees to purchase multiple routes and operate as an employer. Who's every action is controlled by FEDEX. Are you posting out of your mothers basement?
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Fedex ground is a ::shit:: show! Everybody knows that. But is a cheap way to provide service. If you will notice Amazon has copied the Fedex model to a “T” it is up to Fedex And UPS to shut Amazon down. Amazon is a scourge on our society. And if the union doesn’t see that well shame on them. In 10 years none of this talk will be relevant at FedEx without a union.
 
No show said:
Fedex ground is a **** show! Everybody knows that. But is a cheap way to provide service. If you will notice Amazon has copied the Fedex model to a “T” it is up to Fedex And UPS to shut Amazon down. Amazon is a scourge on our society. And if the union doesn’t see that well shame on them. In 10 years none of this talk will be relevant at FedEx without a union.
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www.usatoday.com

Teamsters vote to support Amazon workers

The Teamers voted Thursday to make backing Amazon employees a key focus of their international union.
www.usatoday.com
Teamsters are going to try to do something with Amazon but from past experiences I doubt they make any progress. Could you explain what company a union has made relevant, I'm not aware of any especially in trucking
 
To summarize….we’re rolling in cash as a company…pay up! Get better healthcare! More vacation time for senior employees like Pitt Ohio giving 6 weeks after 20 years and paid medical. Something! Not some tepid raise in October that’s sliced in half in January with a benefits bashing.
G’nap! G’nap!
 
Razorblade said:
How about the Marxist principle that all labor is of equal value? Like the union contracts that make no provision for work ethic, individual talent or productivity. The agreements that put seniority above all else. The contracts that deny the fact that some people are better suited for a particular job than others. The contracts that say one "brother" deserves more vacation time than another for no reason other than his hire date. The entire idea of collectivism is socialist and Marxist.
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Labor Unions are a Necessary part of a Capitalist system. Just like a Corporation is a group of people accomplishing what an individual cannot. A labor Union is a group of people accomplishing what the individual cannot.

The above provides balance in the relationship. Some Companies take extreme care to avoid the need. AF, Watkins, and Viking come to mind, as going out of their way to prevent THAT kind of relationship. They were very successful in that.

We should all be thankful for the presence of Unions in our trade. Whether you like them or not, they provide balance, either directly (UPS), or in the fear some companies have of such a relationship .

Oh, in case you didn't notice, Union workers generally make the prevailing wage (and benefits package) in a given field. Think UPS package and ALSO FedEx Pilots.
 
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truckingBORED said:
I was interested in the line from the earnings call that attributed some of Ground’s success to building “business to business” volume.

Has that ever been a Ground thing before?
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I think they are, or were once, primarily a B2B operation. At least that was their original target. Honestly never paid too much attention to their details.
 
Streaker69 said:
My last day I left with a truck full of packages and I brought back a truck full of packages. He wanted me to pay for a tow truck when I got stuck in a driveway. I was grossly underpaid and called it a cost of business. He wouldn't budge so I scanned every package "did not attempt" so FedEx can fine him about 120 times. I never got that last paycheck.
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Funny, I've never heard any former Ground Driver speak highly of the experience. And we do have a lot of former Ground drivers here at Frt.
 
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