Originally Posted by
NoHaz
Anyone else a bit perplexed by the content on these updates? I always open up the message thinking I’ll see some big news on system form, bids, or future operations. I usually get to the end and go “hmmm, not much there.” This one was no different. Quick reference to challenging earnings so we will cut Transcon and some domestic routes. Then, right on to lengthy rain gutter for airplane going away news and endless holiday party notes.
Fred Smith was asked why keep Express and Ground/Freight as separate companies. He gave what I thought was a BS answer. But the analyst said it would bring a lot of savings to FedEx.
I wonder if that is what they're examining? UPS's airline is much smaller than ours and I don't think they haul much less than we do.