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09-17-2014, 10:54 AM
#11
Gets Weekends Off
Joined APC: Jan 2013
Posts: 154
4.9% Sounds about right to me....
"The earnings report came one day after FedEx announced that it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent on Jan. 5."
4.9% should be the starting point for salary increases under the new contract. FedEx knows the real Cost of Living increase necessary to survive long term. Anything short of 4.9% is putting more money in the companies pocket at employees expense.
4.9% should be the starting point for salary increases under the new contract. FedEx knows the real Cost of Living increase necessary to survive long term. Anything short of 4.9% is putting more money in the companies pocket at employees expense.
09-17-2014, 07:57 PM
#12
Line Holder
Joined APC: Apr 2007
Position: Sparrow
Posts: 85
I don't mean to be a cynic. I saw this at least 5 years ago. Although not a number-crunching air cargo business guru, I predicted this myself with one look at a ship like this.
31 knots with the motivation to be fast....and cheap.
Big Ship - Emma Maersk, Wal-Mart gets its stuff from China - YouTube
31 knots with the motivation to be fast....and cheap.
Big Ship - Emma Maersk, Wal-Mart gets its stuff from China - YouTube
10-02-2014, 10:34 AM
#13
Gets Weekends Off
Thread Starter
Joined APC: May 2006
Posts: 2,889
This wasn't for Fedex pilots. It was for the 29-35 year old looking at his/her next airline. The industry is changing and hard to predict. I do not think its gloom and doom. I think basing expectations for the next 20-30 year career needs to be done with a reasonable understanding of trends.
10-02-2014, 01:47 PM
#14
Gets Weekends Off
Joined APC: Mar 2011
Posts: 249
For non FedEx/Brown people looking at Atlas and ACMI this trend effects business. Freight forwarders are shifting to non shipping lane places (see inter Africa and other garden spots) and the belly capacity in pax planes is killing rates. One potential bright spot could be ACMI work for foreign airlines if growth continues in expanding markets with no pilots to fly planes. As we all know it only takes one terrorist act to change all our guesses so your guess is as good as mine! Maybe they'll start blowing up ships...
10-02-2014, 03:25 PM
#15
Gets Weekends Off
Joined APC: Jul 2007
Position: 767 Captain
Posts: 3,988
Originally Posted by Patches
4.9% should be the starting point for salary increases under the new contract. FedEx knows the real Cost of Living increase necessary to survive long term. Anything short of 4.9% is putting more money in the companies pocket at employees expense.
10-06-2014, 12:31 PM
#16
Gets Weekends Off
Joined APC: Jan 2008
Position: A300
Posts: 120
With respect to the 50000 FedEx needs for peak. Last year in Indy the ramp guys were telling me they couldn't find enough to fill the open positions. Heard there is stiff competition in the Indy area for the type of box handling skills FedEx needs. Probably will only be worse this year with the grey clouds (unemployment) finally parting over the economy
10-07-2014, 01:44 PM
#18
Part Time Employee
Joined APC: Jul 2006
Position: Dispersing Green House Gasses on a Global Basis
Posts: 1,918
Originally Posted by onetime
Belly freight will help peak go off without a hitch, while we walk around semi-oblivious arguing about the shiny object of the week.
The results of the Nov 4th elections could change the whole dynamic of our economy and belly freight will be even less capable of handling the demand for peak!
10-07-2014, 01:55 PM
#19
Gets Weekends Off
Joined APC: Aug 2006
Posts: 3,931
Boeing forecasts air cargo traffic to double in the next 20 years - The Boeing Company (NYSE:BA) | Seeking Alpha
Boeing forecasts air cargo traffic to double in the next 20 years
Oct 7 2014, 12:57 ET | About: The Boeing Company (BA) | By: Carl Surran, SA News Editor
Boeing (BA -1.3%) says it expects its air freight traffic to more than double in the next 20 years, increasing at an annual rate of 4.7%, as cargo traffic levels continue to strengthen after several years of stagnation.
Boeing predicts carriers will buy 840 new freighter planes valued at $240B in the next 20 years, with 70% expected to be large planes such as the 747-8 and 777, which can carry more than 80 tons of cargo in a single takeoff.
Stronger air cargo demand also would be good news for FedEx (FDX -0.7%) and UPS (UPS -1.2%), but shares of all three companies are lower today amid global growth concerns.
Boeing forecasts air cargo traffic to double in the next 20 years
Oct 7 2014, 12:57 ET | About: The Boeing Company (BA) | By: Carl Surran, SA News Editor
Boeing (BA -1.3%) says it expects its air freight traffic to more than double in the next 20 years, increasing at an annual rate of 4.7%, as cargo traffic levels continue to strengthen after several years of stagnation.
Boeing predicts carriers will buy 840 new freighter planes valued at $240B in the next 20 years, with 70% expected to be large planes such as the 747-8 and 777, which can carry more than 80 tons of cargo in a single takeoff.
Stronger air cargo demand also would be good news for FedEx (FDX -0.7%) and UPS (UPS -1.2%), but shares of all three companies are lower today amid global growth concerns.
10-08-2014, 02:16 AM
#20
New Hire
Joined APC: Oct 2014
Posts: 1
Originally Posted by Albief15
This wasn't for Fedex pilots. It was for the 29-35 year old looking at his/her next airline. The industry is changing and hard to predict. I do not think its gloom and doom. I think basing expectations for the next 20-30 year career needs to be done with a reasonable understanding of trends.
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