Yea our reduction in flying has nothing to do with UPS. Network 2.0 will involve more trucking via Ground/Freight/LTL at the expense of reduced flight hours. Further, an overhaul of which aircraft we fly to certain destinations will be evaluated. Not to mention an overhaul to our bid packs SS said would be coming. Will be interesting to see. These past two and a half years have been all hands on deck and write the check for whatever was needed to keep the operation moving. Now that demand has gone back to normal, FedEx has to follow suit. But by no means is the sky falling here.

The union Scheduling Improvement Group called this peak, “the least peaky Peak ever.” That isn’t good.

The 2Q earnings call scheduled for December 20th may give us more information on what’s to become of our flying. UPS beat earnings and didn’t scream the doom and gloom like FedEx leadership. We know management has mentioned more cuts to come after peak.

is it cuts or more of “proper sizing post COVID?”

Did FedEx just ballon up to answer the call for covid and now things are going back to “normal?”

over a billion in profits, seems weird to hear people talk about doom and gloom.
just curious.

UPS is a trucking company with jets. Of course they're more efficient. And they aren't in contract negotiations.

They are in contract negotiations. The kind that doesn’t require the NMB to go on strike.

So the TA they signed doesn't count? Which sections are still open in negotiations?

The truck drivers covered by teamsters are in negotiations.

Which is exactly why on every earnings call the analysts ask FS why FedEx operates three different networks. Now that he is moving aside, the new leadership is starting the process of combining the networks.

Yes, EXACTLY 170driver.

They have more than one work group that is unionized. And as far as I know only the pilots fall under the RLA. Which is why they wanted and extension with them so that they can have all hands on deck for the real fight to come.