Originally Posted by
Noworkallplay
Not worried at all. Let them haul the garbage for no margin. I would rather haul the millions of pounds of other freight at much more profitable margins. Not a shortage of other business outside of Amazon and other opportunities will continue to arise. FedEx looks brilliant now for booting Amazon.
You keep thinking that!! If you believe Amazon is not out to get us both, then you are in la la land. For now, Amazon is growing to handle their own volume. That will not last long. Jeff always wants more. This is not about Amazon handling their own volume, it is about Amazon expanding beyond, which will happen sooner rather than later. You can think Jeff is no threat, for now, but Purple and Brown both have to fully prepare for Amazon coming for us.
Amazon moving their volume from A to B, court customers “hey, we will move your stuff from A to B at 50% cost compared to Fedex and UPS”. That way they cover their own costs to move their own stuff. It’s not rocket science. It will happen, in the not to distant future.
The future for the 30/early 40 year olds coming to Fedex/UPS is by all means not clear at all, murky at best. If you have 15 years or less left until retirement, you should be OK retirement wise. Those hoping to have a 30+ year career at Fedex/UPS, I most certainly wouldn’t take that check to bank to cash it. 10-15 years left? Absolutely, Amazon won’t be able to build up a 300+ airplane operation in a short period of time.