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Political group does a 180 on FDX for UPS

Old 09-30-2009, 02:11 PM
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Originally Posted by viperdriver View Post
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.
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.
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Old 09-30-2009, 03:01 PM
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Originally Posted by say that again View Post
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.

Or maybe Wall Street sees congress as all talk and no walk.
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Old 09-30-2009, 03:16 PM
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Originally Posted by say that again View Post
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.

As do most of us with yours.
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Old 09-30-2009, 04:52 PM
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Originally Posted by say that again View Post
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.
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?
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Old 09-30-2009, 05:01 PM
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Originally Posted by Gunter View Post
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?
Do you mean most people who don't know what they're talking about?

Especially here on APC.
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Old 10-01-2009, 06:04 AM
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Anyone where the letter Fred Smith wrote 15 years or so about this? Or have a link?
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Old 10-01-2009, 10:23 AM
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Originally Posted by MD10PLT View Post
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.
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.
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Old 10-01-2009, 10:44 AM
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Originally Posted by SaltyDog View Post
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.
If Express employees are able to organize under the Wagner Act it would be at the local level. Get 5 delivery drivers in San Diego to votes yes and now you have the potential of shutting down our whole operation there. Since UPS unionized over the last 100 years what is the chance of a successfull wildcat strike in Topeka? Since we are fond of bottomlines; bottomline big advantage to UPS. Under the RLA if the drivers want to unionize they can. Than both companies would have national unions to negotiate with.
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Old 10-01-2009, 11:12 AM
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Originally Posted by MD10PLT View Post
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.
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.
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Old 10-01-2009, 01:04 PM
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Originally Posted by Captain Cook View Post
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.
Not to disturb your repressed desire for a relationship with Fred here is his actual quote on the potential legislative impact:

"I urge all team members to educate themselves about how a legislative change in the RLA could dramatically affect our ability to compete in the marketplace."

No doubt it sounds like unreasonable whining to you.
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