FedEx Freight | Wow.

[No F-bdy Bs]

Amazing.

FedEx just painted a disturbing picture of the job market

FedEx sends shockwaves to bullish investors with its commentary on the jobs market.

finance.yahoo.com

Fx takes a beating on it's earnings report.
Blames lack of staffing needed to make service commitments, then goes on to blame,,,, THE HIGHER WAGES???
Stating dispite the higher wages, that they still have trouble hiring and retaining.


Once again, 4.1% is not "higher" when everything else is at 10%+, on top of your 4% actually being 2.89% when you add in the bump in HC costs.

Side note: Glad I dumped all my Fx stock when I did

 

[Pokey Okie]

But that is insider trading!

 

[Double Nickle]

Amazing.

FedEx just painted a disturbing picture of the job market

FedEx sends shockwaves to bullish investors with its commentary on the jobs market.

finance.yahoo.com

Fx takes a beating on it's earnings report.
Blames lack of staffing needed to make service commitments, then goes on to blame,,,, THE HIGHER WAGES???
Stating dispite the higher wages, that they still have trouble hiring and retaining.


Once again, 4.1% is not "higher" when everything else is at 10%+, on top of your 4% actually being 2.89% when you add in the bump in HC costs.

Side note: Glad I dumped all my Fx stock when I did

You really didn't think they would accept the blame for their own stupidity did you?

 

[Seriouslydude]

Amazing.

FedEx just painted a disturbing picture of the job market

FedEx sends shockwaves to bullish investors with its commentary on the jobs market.

finance.yahoo.com

Fx takes a beating on it's earnings report.
Blames lack of staffing needed to make service commitments, then goes on to blame,,,, THE HIGHER WAGES???
Stating dispite the higher wages, that they still have trouble hiring and retaining.


Once again, 4.1% is not "higher" when everything else is at 10%+, on top of your 4% actually being 2.89% when you add in the bump in HC costs.

Side note: Glad I dumped all my Fx stock when I did

Actually they are paying more in wages. They have recruiters, ddi, and training to pay for. They also pay for drug tests, physicals and background checks regularly. They also pay for two slug workers plus benefits instead of one good one.

Ohhh you meant wages for those that actually do the work. Yeah that’s definitely lacking. They definitely needed to keep doubling down on what doesn’t work.

 

[screweddaily]

Fedex, you get what you pay for

 

[Andrew Goobermeyer01]

Redirect Notice

 

[Seriouslydude]

Redirect Notice

That’s impossible! You can’t pay workers more with better benefits and the stock price is higher than your biggest competitor! Please stop with your lies and falsehoods!

And to think upper management at UPS will have their stock options pay out unlike the boys in Memphis..

 

[Streaker69]

Redirect Notice

What are their contractors doing differently?

 

[longhaullounger]

What are their contractors doing differently?

 

[BIG R GUY]

Amazing.

FedEx just painted a disturbing picture of the job market

FedEx sends shockwaves to bullish investors with its commentary on the jobs market.

finance.yahoo.com

Fx takes a beating on it's earnings report.
Blames lack of staffing needed to make service commitments, then goes on to blame,,,, THE HIGHER WAGES???
Stating dispite the higher wages, that they still have trouble hiring and retaining.


Once again, 4.1% is not "higher" when everything else is at 10%+, on top of your 4% actually being 2.89% when you add in the bump in HC costs.

Side note: Glad I dumped all my Fx stock when I did

Those bastards.

 

[Streaker69]

I see us having to pick up the slack for ground again. Gonna make lots of delay pay.

 

[No F-bdy Bs]

That’s impossible! You can’t pay workers more with better benefits and the stock price is higher than your biggest competitor! Please stop with your lies and falsehoods!

And to think upper management at UPS will have their stock options pay out unlike the boys in Memphis..

Fx is going to get WRECKED this peak season.
They just released a statement saying they have to divert 600k packages a DAY due to labor shortages.

If they can't keep up in normal times, then this peak will be a total $hitshow.

 

[mattbob]

Fx is going to get WRECKED this peak season.
They just released a statement saying they have to divert 600k packages a DAY due to labor shortages.

If they can't keep up in normal times, then this peak will be a total $hitshow.

sit back and watch with a bag of popcorn

 

[longhaullounger]

sit back and watch with a bag of popcorn

If you work for FXF, make sure you're logging delay time with your popcorn while you sit at Ground hubs waiting for trailers to get loaded. Because that's what we'll be doing, bet.