Thread: Earnings Call
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Old 12-21-2022, 12:22 PM
  #3  
C2078
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Originally Posted by NoHaz View Post
Anyone else concerned with general direction and tone of the earnings call answers? Cost reduction and the DRIVE program is the new corporate focus. No mention of growth or winning market share from UPS or Amazon. They seemed excited to emphasis the reduction in flight frequencies, lack of airplane orders past 2022 and their focus on moving freight from purple tails to “other partners”. They even bragged about a unit that seeks out our biggest Express customers and convinces them to move to deferred freight services. Not very inspiring.
Natural business adjustment. Not great for employees but good for investors. It does appear senior management is shifting into a better, not bigger model a la UPS.
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