Originally Posted by viperdriver (Post 686900)

So how come UPS makes money? And if it is that big a deal how come the stock market doesn't think so, ie FDX $75 dollars a share.

Originally Posted by say that again (Post 686918)

And if it is that big a deal how come the stock market doesn't think so, ie FDX $75 dollars a share.

That's because Wall Street sees though Fred's rant and recognizes it for what it really is.

Originally Posted by say that again (Post 686918)

And if it is that big a deal how come the stock market doesn't think so, ie FDX $75 dollars a share.

That's because Wall Street sees though Fred's rant and recognizes it for what it really is.

Originally Posted by say that again (Post 686680)

On another note, FredEx's argument that FedEx is an airline, not a trucking company rings a little hollow to most. After all, 100% of the packages of both companies go by truck. I've yet to see a FedEx or a UPS airplane make a delivery.

Originally Posted by Gunter (Post 686995)

Might as well say airline passengers don't really travel by air because they drive to the airport.

What is your definition of "most"? Do you mean most people who don't know what they're talking about?

Originally Posted by MD10PLT (Post 686898)

Yes, this is very worrisome. There was a post on the company web site a few months back from Fred Smith, addressing this issue. It was a very well written synopsis of the situation. The bottom line was, if this passes FedEx will be bankrupted in short order. Not due to the unionizing but due to the disjointed and localized method of the unionizing. He spelled out exactly how this would happen.

I know what all the old heads will say; "we received the same letter when we were trying to unionize". However, this would occur on such a large and disjointed scale, Fred Smith is probably right. But the good news is; this would give the government one more industry to take over and run.

Originally Posted by SaltyDog (Post 687377)

I'm pretty much a "It doesn;t matter to a pilot" because both companies ultimately seem to be smart enough to consistently control cost and charge enough to be competitive AND make money. Reason many of us came to FedEx or UPS anyway. Bottom line, both need pilots to fly the revenue that can go no other way.
Germain to the discussion, Was under the impression that the current FedEx employees that would be affected by this proposed legislation were not particularly supportive of unions anway. FedEx certainly has a better rep than UPS regarding management-employee relations. Why the assumption that they will organize anyway? Skywest pilots have put it off a few times.

Originally Posted by MD10PLT (Post 686898)

Yes, this is very worrisome. There was a post on the company web site a few months back from Fred Smith, addressing this issue. It was a very well written synopsis of the situation. The bottom line was, if this passes FedEx will be bankrupted in short order. Not due to the unionizing but due to the disjointed and localized method of the unionizing. He spelled out exactly how this would happen.

I know what all the old heads will say; "we received the same letter when we were trying to unionize". However, this would occur on such a large and disjointed scale, Fred Smith is probably right. But the good news is; this would give the government one more industry to take over and run.

Originally Posted by Captain Cook (Post 687421)

So basically Fred is saying that if his employees are allowed to unionize FedEx will go bankrupt.

HA! What a load of BS. I think Fred just wants more for himself and doesn't want to pay the 'little people' any extra.

Poor, poor Fred. What a dweeb.