FDX -We won intl postal contract

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02-21-2009, 05:01 AM

magic rat

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FDX -We won intl postal contract

Friend of mine traveling in Europe read in a business newspaper on Thursday(?) that FDX won the international postal contract....90,000 additional packages a day.

Things that make you go hmm....

02-21-2009, 05:30 AM

FrankTheTank

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I hope you ae right... That would sure help things right now! Could be why there are opting for more 777s... That makes me go hmmm...

02-21-2009, 06:05 AM

Corkscrew

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Here is a link to the story.

COMPANY NEWS; FEDEX WINS DELIVERY CONTRACT FROM POSTAL SERVICE - New York Times

02-21-2009, 06:17 AM

Some guy

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Hope your're right but check the date on the NYC article...Published: June 9, 2004.

Haven't been able to find anything official in the news yet.

SG

02-21-2009, 06:18 AM

skypine27

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Maybe magic rats friend was talking about a paper he read on a Thursday, back in June of '04.

02-21-2009, 06:20 AM

miyagi

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As much as I would like to believe the good news, I find it odd that there is not a press release from the corporate PR folks on the investor website.

02-21-2009, 06:27 AM

Busboy

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Quote:

Originally Posted by skypine27

Maybe magic rats friend was talking about a paper he read on a Thursday, back in June of '04.

That's June 04 in Euro-years. That equals Feb 09 in US years.

02-21-2009, 06:50 AM

magic rat

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I was skeptical myself, but the 90k pack reference was interesting.

BTW, we lost LL Bean FYI.

I can't find it anywhere either. Guess we'll see what is officially put out.

Last edited by magic rat; 02-21-2009 at 07:51 AM.

02-21-2009, 08:52 AM

FDX28

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Quote:

Originally Posted by magic rat

I was skeptical myself, but the 90k pack reference was interesting.

BTW, we lost LL Bean FYI.

I can't find it anywhere either. Guess we'll see what is officially put out.

I talked to a guy at corporate who told me about the LL Bean contract. Apparently we made absolutely nothing (profit) on those packages and the competitor who now has it made a serious low-ball offer.