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SonicFlyer
12-24-2019, 10:54 AM
https://www.bloomberg.com/news/articles/2019-12-23/fedex-s-smith-says-he-has-one-big-job-before-mulling-retirement


JetJocF14
12-27-2019, 06:55 AM
https://www.bloomberg.com/news/articles/2019-12-23/fedex-s-smith-says-he-has-one-big-job-before-mulling-retirement

Got his work cut out for him. I think FedEx is in for a rough three to four years.

OKLATEX
12-27-2019, 01:56 PM
Got his work cut out for him. I think FedEx is in for a rough three to four years.

Care to elaborate in why you think 3-4 years? 5 years is an eternity in the business world. What do you feel is going to happen. Contract Negotiations?

The company is claiming 1-2 Quarters things will improve. Im not too sure Wall Street has the patients beyond that, or even to that, but given that its Fred Smith, I think he gets a pass for a few more quarters. Ive been reading things from Activist Investors getting involved to mix up Management to Walmart or Warren Buffett buying us.

Im rooting for the companys plans to take hold, but admit, anything is possible. Legacy American Airlines had a plan for AA and basically America West Management is running the show.

I guess well wait and see.


HIFLYR
12-27-2019, 02:13 PM
I personally think Fred Smith thinks long term and wall street is interested in quarters. Someday the trade issues will get worked out and no way all the manufacturing and jobs are coming back to the US. Someone will have to ship it from the manufacturing locations to the buyers. Our fleet is being modernized with mostly new aircraft and when complete will leave us with the old 757 and A300's but all fuel efficient twin engine aircraft. I think we will be in a good position for the future especially if the TNT integration can get finished.

Back in the early 90s many of the wall street know it alls predicted the end of FedEx because Mr Smith was foolish enough to by a struggling airline in 1989 call Flying Tigers. Look how that turned out.

hoya saxa
12-27-2019, 03:34 PM
So how much have we lost in the last several quarters? Oh, nothing? Wait, weve made billions in profits but it wasnt as much as some people thought wed make? *resets panic button*


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StarClipper
12-27-2019, 04:07 PM
So how much have we lost in the last several quarters? Oh, nothing? Wait, weve made billions in profits but it wasnt as much as some people thought wed make? *resets panic button*


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This is one time I must say I agree with you.

MEMA300
12-27-2019, 04:33 PM
So how much have we lost in the last several quarters? Oh, nothing? Wait, weve made billions in profits but it wasnt as much as some people thought wed make? *resets panic button*


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No reason to panic but a reason to be concerned. The problem is that we are not hitting our estimates. Meaning things are more fluid than even our guys can anticipate. The trend cannot continue. Increasing Yield is the target.

dckozak
01-08-2020, 10:15 AM
So how much have we lost in the last several quarters? Oh, nothing? Wait, weve made billions in profits but it wasnt as much as some people thought wed make? *resets panic button*


Yes only in a capitalist world can you loose money because you failed to make as much as you forecast. Forecast to make 100 million, "only" made 80 million, loses 20 million, "SELL SELL !! " stock goes down so the market was right, company's on the ropes.

Fedex has issues, word from my business friends is four letter regarding Fedex Ground, not happy. Amazon has created a problem for everyone at the low end of the market, Us, UPS, USPS, everyone thinks shipping should be free. It ain't, not even for Amazon, but it has helped them build a huge market.

We have more room for improvement at Express, mainly outside of air ops, but ground, the former darling of the corporation for a long time, needs to get its Sh*& together.

FedEx Pilot
01-08-2020, 10:37 AM
Yes only in a capitalist world can you loose money because you failed to make as much as you forecast. Forecast to make 100 million, "only" made 80 million, loses 20 million, "SELL SELL !! " stock goes down so the market was right, company's on the ropes.

Fedex has issues, word from my business friends is four letter regarding Fedex Ground, not happy. Amazon has created a problem for everyone at the low end of the market, Us, UPS, USPS, everyone thinks shipping should be free. It ain't, not even for Amazon, but it has helped them build a huge market.

We have more room for improvement at Express, mainly outside of air ops, but ground, the former darling of the corporation for a long time, needs to get its Sh*& together.

The comments regarding Ground echoes what Ive heard as well. Amazon restricting their third party sellers from utilizing Ground as a shipping option due to apparently poor service reliability may or may not be true, but that and going to 7 days a week delivery definitely has hurt the bottom line.