Fedex regrets leaving Subic Bay?
12-18-2011 | 01:00 PM
#1
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From: MD11 CA (rtd.)
Fedex regrets leaving Subic Bay?
I am a crusty old freight dog and retired a year a go, but my buddies are telling me there is a growing opinion that FedEx is regretting their decision to relocate the Asia/Pac hub to Guangzhou and leave Subic Bay. I'm curious if anyone has heard similar stories on the crew bus at Memphis. Happy holidays to all and I don't miss driving the MD-11 one bit.
12-18-2011 | 02:59 PM
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I am a crusty old freight dog and retired a year a go, but my buddies are telling me there is a growing opinion that FedEx is regretting their decision to relocate the Asia/Pac hub to Guangzhou and leave Subic Bay. I'm curious if anyone has heard similar stories on the crew bus at Memphis. Happy holidays to all and I don't miss driving the MD-11 one bit.
Recent statement by Fred Smith himself was it is becoming increasingly difficult to do business in China.
12-18-2011 | 05:15 PM
#7
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The relocation to China was a business ploy to gain more access to China, however UPS and FedEx were naive thinking the Chinese would just open up their country and let them operate at will. Never gonna happen.
FedEx (and other carriers) would be better off operating in a country such as the Philippines, but I think they have already figured that out.
FedEx (and other carriers) would be better off operating in a country such as the Philippines, but I think they have already figured that out.
12-18-2011 | 05:38 PM
#9
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People underestimate china's anti-competitive actions when competing with their national companies. Look at every other business working in China or competing with their national companies, and you'll see a top ten list of how China will tighten the restrictions on foreign companies, change the rules at will, delay certifications or recerts that almost kill the foreign company. If and when china decides to nationalize their cargo carriers, UPS and FedEx will be in big trouble. They'll be essentially forced out and just think about how much the Asian revenue is for both companies. That's the big risk.
Now saying that, i would take that risk in working for either one of those companies over a US Pax airline anyway, which has to deal with all of the other garbage but it's US borne!
Now saying that, i would take that risk in working for either one of those companies over a US Pax airline anyway, which has to deal with all of the other garbage but it's US borne!
Last edited by urge; 12-18-2011 at 05:40 PM. Reason: grammar
12-18-2011 | 06:45 PM
#10
Proponent of Hysteria
Joined: Jun 2007
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From: "Part of the problem." : JL
There's more than a few reasons many SFS guys were domiciled there for years vs. the 2 year revolving door that HKG has become.
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