Fedex regrets leaving Subic Bay?
#21
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Joined APC: Sep 2006
Position: MD11 FO
Posts: 1,109
It's unfortunate that the MEM lawyers and others there decided that the input from people living in Asia and/or flying to China on a regular basis were so ignorant on matters relating to contracts with China or Chinese entities. The input from those in the know was politely set aside by those with advanced law degrees from prestigious US schools.
It also seems that UPS was "Shanghaied" by the Chinese after they build their hub in Shanghai, and "Shenzhenied" when they set up the new one in Shenzhen.
It really is a shame that someone that graduates from Harvard, Yale, or any other law school would be so shamefully dedicated to ignoring the input from those that are in China on a very regular basis. Seems like they were just too busy looking at the Chinese fire drill than to actually pore over the contract and it's contents to protect their employer's interest. The fell, lock, stock and barrel for the typical Chinese bait and switch.
It also seems that UPS was "Shanghaied" by the Chinese after they build their hub in Shanghai, and "Shenzhenied" when they set up the new one in Shenzhen.
It really is a shame that someone that graduates from Harvard, Yale, or any other law school would be so shamefully dedicated to ignoring the input from those that are in China on a very regular basis. Seems like they were just too busy looking at the Chinese fire drill than to actually pore over the contract and it's contents to protect their employer's interest. The fell, lock, stock and barrel for the typical Chinese bait and switch.
#22
Gets Weekends Off
Joined APC: Feb 2008
Position: Retired
Posts: 651
I for one, never understand why the Company doesn't seek the advice of their foreign domiciled pilots with every large international decision they make. We all know that line pilots make excellent businessmen and advisors on multi-billion dollar deals - after all that's why they're pilots.
"It really is a shame that someone that graduates from Harvard, Yale, or any other law school would be so shamefully dedicated to ignoring the input from those that are in China on a very regular basis."
I know such people. None are pilots. The point is that there is a body of knowledge from those working with "Chinese Partners". Some are managers, some are engineers. All tell the same story, and it points back to American senior managers (marketing and CEOs more than lawyers) selling the company IP for short term gain. In one case that I have second hand knowledge of it was nuclear technology.
So yea, some Chinese "partner" having rights to a sort facility? Only a fool or an MBA would doubt it.
#24
#25
#26
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Joined APC: Aug 2006
Position: 1559
Posts: 1,533
#27
In context
Yes. Uncle's law firm had an office in Shanghai for a couple decades. When it became impossible to get documents across town they decided to have offices on opposite sides of the city. Through a very public, celebrated and exemplary course of cooperation and coordination over a few years, the firm was chosen to be the initial business in an area the Chinese were pushing as their showcase rennovation of an older part of the city, as well as the anchor in the new financial business area. Deals were brokered for use of local architectural firms, construction, materials, outfitting, electronics and even local employment.
After four years the simultaneous ribbon cutting ceremonies were at hand, hosted by Ministers of Commerce, Trade, ad nauseum. As the CEO of the firm was glad handing the dignitaries, one asked which of the buildings they would occupy. Not quite understanding the query he said they eagerly awaited immediately seeing to their clients needs come the start of the business week. The interpreter then relayed the news that it would be quite impossible as Foreign law firms were only permitted to open one new office every 18 months - a local law enacted only three months prior, by those with full knowledge of the firms' efforts and whom had been intimately involved in the projects. One of the buildings sat idle for the year and a half.
He told me this anecdote in response to me asking him a few years back what he thought of FedEx opening a domicile/hub in China. His assessment of the LOA was comical.
After four years the simultaneous ribbon cutting ceremonies were at hand, hosted by Ministers of Commerce, Trade, ad nauseum. As the CEO of the firm was glad handing the dignitaries, one asked which of the buildings they would occupy. Not quite understanding the query he said they eagerly awaited immediately seeing to their clients needs come the start of the business week. The interpreter then relayed the news that it would be quite impossible as Foreign law firms were only permitted to open one new office every 18 months - a local law enacted only three months prior, by those with full knowledge of the firms' efforts and whom had been intimately involved in the projects. One of the buildings sat idle for the year and a half.
He told me this anecdote in response to me asking him a few years back what he thought of FedEx opening a domicile/hub in China. His assessment of the LOA was comical.
#28
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Joined APC: Jan 2009
Posts: 381
Well, Fred Smith is a Yale Grad.
Actually, more manufacturing is coming back to the USA. China has a labor shortage (ex. A320 Capts getting 200k a year). Multinationals are freaked out over supply-chains. As the tsumami and floods in Thailand have shown. Honda is upping production in Ohio. So there will be less goods coming from Asia. Unless Fedex and UPS change their business model they will be in trouble.
Actually, more manufacturing is coming back to the USA. China has a labor shortage (ex. A320 Capts getting 200k a year). Multinationals are freaked out over supply-chains. As the tsumami and floods in Thailand have shown. Honda is upping production in Ohio. So there will be less goods coming from Asia. Unless Fedex and UPS change their business model they will be in trouble.
#29
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Joined APC: Mar 2011
Posts: 218
#30
Gets Weekends Off
Joined APC: Jul 2007
Posts: 117
Well, Fred Smith is a Yale Grad.
Actually, more manufacturing is coming back to the USA. China has a labor shortage (ex. A320 Capts getting 200k a year). Multinationals are freaked out over supply-chains. As the tsumami and floods in Thailand have shown. Honda is upping production in Ohio. So there will be less goods coming from Asia. Unless Fedex and UPS change their business model they will be in trouble.
Actually, more manufacturing is coming back to the USA. China has a labor shortage (ex. A320 Capts getting 200k a year). Multinationals are freaked out over supply-chains. As the tsumami and floods in Thailand have shown. Honda is upping production in Ohio. So there will be less goods coming from Asia. Unless Fedex and UPS change their business model they will be in trouble.
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