FedEx Corporation
#1
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Joined APC: Feb 2006
Position: J3 to CL600; retired doing instrument taining
Posts: 78
FedEx Corporation
FedEx Corporation includes 6 companies in addition to FedEx Express. These are FedEx Ground, FedEx Freight, FedEx Kinko's, FedEx Trade Networks, FedEx Supply Chain Services, and FedEx Custom Critical. The FedEx web page details these companies with an overview and facts. http://www.fedex.com/us/about/today/companies/?link=4
Total FedEx Corporation revenues for FY 2005 were 29.3 Billion of which FedEx Express generated 19.5 Billion or 66% of the total FedEx Corporation revenues. Checking FY 2004, FedEx Express accounted for 71% of the total revenues and in FY 2003, FedEx Express had 73% of the total Corporation revenues. Consider that the domestic US ground freight business is 4 times the size of the airfreight business. At this rate of growth of these 6 FedEx companies, FedEx Corporation will derive more revenue from these 6 companies in FY 2009 than what you will see on the Fedex Express ledger.
Fedex is a great company with excellent mangement. When pited against FedEx Corporation, ALPA is in a tug boat compared to a Ocean Freighter. Hopefully u'all will find some common ground. But if this is not possible, expect to see a repeat of what transpired 7 years ago with Captain Fato and FedEx management.
Total FedEx Corporation revenues for FY 2005 were 29.3 Billion of which FedEx Express generated 19.5 Billion or 66% of the total FedEx Corporation revenues. Checking FY 2004, FedEx Express accounted for 71% of the total revenues and in FY 2003, FedEx Express had 73% of the total Corporation revenues. Consider that the domestic US ground freight business is 4 times the size of the airfreight business. At this rate of growth of these 6 FedEx companies, FedEx Corporation will derive more revenue from these 6 companies in FY 2009 than what you will see on the Fedex Express ledger.
Fedex is a great company with excellent mangement. When pited against FedEx Corporation, ALPA is in a tug boat compared to a Ocean Freighter. Hopefully u'all will find some common ground. But if this is not possible, expect to see a repeat of what transpired 7 years ago with Captain Fato and FedEx management.
Last edited by cub pilot; 05-28-2006 at 02:00 PM.
#2
Originally Posted by cub pilot
Fedex is a great company with excellent mangement. When pited against FedEx Corporation, ALPA is in a tug boat compared to a Ocean Freighter. Hopefully u'all will find some common ground. But if this is not possible, expect to see a repeat of what transpired 7 years ago with Captain Fato and FedEx management.
Dave Webb is no Frank Fato, and ALPA is not FPA. Your comparison falls flat.
- The truth only hurts if it should -
#4
Originally Posted by TonyC
Ocean freighters need tugboats to make it to port.
Dave Webb is no Frank Fato, and ALPA is not FPA. Your comparison falls flat.
- The truth only hurts if it should -
Dave Webb is no Frank Fato, and ALPA is not FPA. Your comparison falls flat.
- The truth only hurts if it should -
#5
[QUOTE=cub pilot]... The FedEx web page details these companies with an overview and facts.
Total FedEx Corporation revenues for FY 2005 were 29.3 Billion of which FedEx Express revenues were 19.5 Billion or 66% of the total FedEx Corporation revenues. Checking FY 2004, FedEx Express accounted for 71% of the total revenues and in FY 2003, FedEx Express had 73% of the total revenues of the FedEx Corporation. Consider that the domestic US ground freight business is 4 times the size of the airfreight business. At this rate of growth of these 6 FedEx companies, FDX Corporation will derive more revenue from these 6 companies in FY 2009 than what you will see on the Fedex Express ledger.
[QUOTE]
...so, what? Get rid of those pesky pilots and the company will be better off?
The only reason that FDX Corp does so well is due to all of the components working together to a common goal. If the planes didn't fly, the trucks wouldn't roll.
The Fact that FedEx Express had 73% of the total revenues means that the company could be a little more charitable to its pilots, don't you think?
Total FedEx Corporation revenues for FY 2005 were 29.3 Billion of which FedEx Express revenues were 19.5 Billion or 66% of the total FedEx Corporation revenues. Checking FY 2004, FedEx Express accounted for 71% of the total revenues and in FY 2003, FedEx Express had 73% of the total revenues of the FedEx Corporation. Consider that the domestic US ground freight business is 4 times the size of the airfreight business. At this rate of growth of these 6 FedEx companies, FDX Corporation will derive more revenue from these 6 companies in FY 2009 than what you will see on the Fedex Express ledger.
[QUOTE]
...so, what? Get rid of those pesky pilots and the company will be better off?
The only reason that FDX Corp does so well is due to all of the components working together to a common goal. If the planes didn't fly, the trucks wouldn't roll.
The Fact that FedEx Express had 73% of the total revenues means that the company could be a little more charitable to its pilots, don't you think?
#6
Originally Posted by FoxHunter
Tony, you have to be kidding! I will have to admit they may do better with the adult supervision from Herndon.
- The truth only hurts if it should -
#7
Originally Posted by TonyC
With which statement do you disagree?
- The truth only hurts if it should -
- The truth only hurts if it should -
Last edited by FoxHunter; 04-25-2006 at 05:17 AM.
#8
FDX+Pilots= $$$$$$$$$
Originally Posted by cub pilot
........... Fedex is a great company with excellent mangement. When pited against FedEx Corporation, ALPA is in a tug boat compared to a Ocean Freighter. Hopefully u'all will find some common ground. But if this is not possible, expect to see a repeat of what transpired 7 years ago with Captain Fato and FedEx management.
I take it based on your bio, your a Lear pilot either flying for FDX or a corporate lurker just trying to pimp us unionized social malcontents.
Well if I haven't misread slant on Fedex pilots and our relationship with our employer, than join the list of aviation spoilers on this BB which think we're (all) overpaid and underworked. And if you do fly for a living, I would suggest you read another post (I) wrote concerning who has helped determine what you earn and the benefits you enjoy.
#9
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Joined APC: Feb 2006
Position: J3 to CL600; retired doing instrument taining
Posts: 78
My point is this: The leverage of the FedEx pilots union is not equal to Delta's pilots union's leverage. The union pilots at Delta could walk and Delta Airlines would become another Eastern. This won't happen at FedEx. If Push comes to Shove on the unions part, expect FedEx Corporation to repeat itself. FedEx Corporation said 7 years ago, "We will do it with you or without you". The resultant pilot contract was the companies previous best offer minus the costs associated with the contingentcy setup for that 2nd option. (costs were 25 Mil $ /correct me if I am off on this)
Several of my pilot friends at FedEx have said privately that they would have accepted the companies offer early this year.
Several of my pilot friends at FedEx have said privately that they would have accepted the companies offer early this year.
Last edited by cub pilot; 04-25-2006 at 05:29 AM.
#10
Ben over, I got something to give you
Originally Posted by cub pilot
............If Push comes to Shove on the unions part, expect FedEx Corporation to repeat itself. FedEx Corporation said 7 years ago, "We will do it with you or without you". The resultant pilot contract was the companies previous best offer minus the costs associated with the contingentcy setup for that 2nd option. (costs were 25 Mil $ /correct me if I am off on this)
Several of my pilot friends at FedEx have said privately that they wold have accepted the companies offer early this year.
Several of my pilot friends at FedEx have said privately that they wold have accepted the companies offer early this year.
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