FedEx Freight | FedEx Freight CFO Aims to Change LTL Structure

[Jeff]

interesting article
FedEx Freight CFO Aims to Change LTL Structure - Memphis Daily News - Business, Government, Politics, News, Public Records, Public Notices, Crime Report, Neighborhood Report, Marketing Lists, Research

 

[Quigley]

Interesting read Jeff,,,, Thanks.
I know things and times change,,,, but Why would you take a lawn mower and change it into a blender,,,, or change a 747 into a taxi ??? Sure,,, if you want to throw money away,,, you can do it,
but if you want that mower or aircraft to be profitable and efficient , then LEAVE THEM BE ........ Maybe fedex just needs a loser for tax purposes.... ???? Why else would you TRY to make people
unhappy,,, and Ruin 3 good profitable company's ,,,,, In my little world,,, I don't see why you can't combine 3 good companies,,, if you choose,,, and make those three more powerful and profitable than they were
apart... IF you wanted that...... My opinion,,,,,,,,,,,,,

 

[Guardrail]

Really doesn't say much about anything. Just a lot of industry speak and blather. I guess we will have to ride this one out too.

 

[worthless]

Funny Old Dominion makes money doing it the old way.

 

[leemcabee]

Hey cfo your idea has never worked anywhere!!!!!!!!!!!!!

 

[PurpleDrool]

Watch, one of these days they're gonna tell us: "we lease you a truck, you move the freight, we pay you a percentage". CONTRACTORS like Ground.

 

[HILLBILLY]

Hey they finally admitted to trying to run us like a package company. Ultimiatly it will be are undoing because our executive board knows nothing about freight only package.

 

[POPCORN]

Funny Old Dominion makes money doing it the old way.

Their Old Fashioned Way includes Owner Operators. Not ours.

 

[worthless]

I don't think so, just PT.

 

[POPCORN]

I don't think so, just PT.

just go to ODFL.com and they always have openings for Owner Operators.

 

[Mike Varnco]

Watch, one of these days they're gonna tell us: "we lease you a truck, you move the freight, we pay you a percentage". CONTRACTORS like Ground.

It's gonna happen sooner rather than later.
Of course, the ScumEx "People First" spin-machine will tell you different.
Just like they swore up and down they were keeping Freight and National separate...right up until they merged the companies.
It's the ScumEx way.

 

[worthless]

As I said that's any different to use using PT and pulling freight off our trailers to put it on PT trailers. Since they seem to have priority over us.

 

[DayliteDean]

Their Old Fashioned Way includes Owner Operators. Not ours.

The only Owner Operators OD has pull containers around port areas,and rail hubs,they dont go anywhere near LTL..

 

[POPCORN]

The only Owner Operators OD has pull containers around port areas,and rail hubs,they dont go anywhere near LTL..

Well... there we have it. Thanks for setting me straight I was going off the website job postings.

 

[Chigger]

I'm sup prized they haven't done it already. Go O/O I mean.

 

[almost13ranch]

Funny Old Dominion makes money doing it the old way.

Their Old Fashioned Way includes Owner Operators. Not ours.

How much of their profit is due to not paying overtime until after 60 hours a week? I'm just saying.....

 

[fxfr8man]

How much of their profit is due to not paying overtime until after 60 hours a week? I'm just saying.....

although they are exempt from overtime in some states, they do have to pay overtime in other states that don't honor the 60 hour rule. so those states require them to pay overtime after 8 a day or 40 a week depends on their laws.

 

[corvairdriver]

If I have to lease a truck, I want a cabover mack with the bulldog on the front and a bunch of strongly worded bumper stickers on the sides.

 

[HILLBILLY]

although they are exempt from overtime in some states, they do have to pay overtime in other states that don't honor the 60 hour rule. so those states require them to pay overtime after 8 a day or 40 a week depends on their laws.

If I remember right bush signed into law that no company has to pay time and a half. In Indiana no trucking company has ever had to pay time and a half but most do.

 

[almost13ranch]

although they are exempt from overtime in some states, they do have to pay overtime in other states that don't honor the 60 hour rule. so those states require them to pay overtime after 8 a day or 40 a week depends on their laws.

I'm not aware of any State exemption to the Federal Railway Act, which covers OD as well as any other trucking company. Some choose to, but are not required unless under contract.