Sluggo_63

The word you're looking for is "dissent."

StarClipper

Thanks for the correction, I should have corrected it myself.

FrankTheTank

Cause the international is the Cash Cow.

Note: Didn’t Chuck retire?

HvypurplePylot

doohh Oh wells. Can't win them all.

Tango Uniform

How come UPS hasn’t experienced the same impact from the trade war? According to last UPS earnings report, their INTL network is doing well with Asia lift Intra Asia, UAE and Europe. Nobody is mentioning the TNT acquisition failures either.

HIFLYR

You have the Chairmen mixed up Dyer was not Chairman when that happened it was Stratton. Just Saying and pretty sure no first class tickets.

howardhughes8

I think our exposure to China is not as extensive as Purple. While we have a large international footprint, Fedex chooses to handle all the volume themselves. We also fly China, Singapore, Korea, etc, but loom at our flight ops footprint, not nearly as large as Fedex. I still don’t understand how we handle a similar Asia volume with a much smaller flight fleet. Third party? Contract? Must be. You folks have a huge Asia footprint. I can only guess the China volume vs UPS. You folks are doing everything right to capture expanding business, this trade war is just a speed bump (hopefully). If you read our last 10Q, Europe and Asia was a tad soft for us as well, US was the savior. Fred thinks 5-10 years. UPS thinks 1-2 years AT BEST, although it seems they are finally looking 5 years 😬. Fred is choosing the short term pain (CapEx, fleet expenditure, etc) for the health of the long term. No one has a crystal ball to know if it will work out. After all, 100 year old companies like GE, GM, Ford, etc have struggled mightily, nothing lasts forever, we can all hope Fred’s vision is the right one!!

Madella0124

I think I read FedEx handles 54% of the air freight in China while UPS is at 17% and DHL being close to UPS.

KenandDeglan

Chuck is running a consulting firm now. Our MEC will hire chuck over a lawyer. An expert who handles contracts for a living or the “hey I read a book idea” joker chuck negotiating for us. If the number in the lawsuit are correct I would rather pay a lawyer $5milion than lose more than a $100 milion. Hope that lawsuit unites our pilot group and knocks our MEC straight. 2 year until the CBA is up for and crickets.

Tango Uniform

https://realmoney.thestreet.com/investing/stocks/fedex-foul-up-could-provide-opportunity-to-competitors-in-china-14973159

SF Holdings formed a joint venture with UPS. Looks like UPS was in a good position.

https://pressroom.ups.com/pressroom/ContentDetailsViewer.page?ConceptType=PressRelease s&id=1495739412295-724