FedEx acquires Shoprunner
12-05-2020, 07:02 AM
#21
Gets Weekends Off
Joined APC: Mar 2014
Posts: 176
Rona was the best thing that happened to Fed Ex and UPS. It’s been peak since March. Online retailers having multiple regional distribution centers give customers same day or next day delivery with no Rona risks. The carriers get the business with delivery and returns. When Rona ends, I feel people will still shop the same way. I feel passenger carriers are going to have problems for a long time after Rona is gone. Business’s have reduced T&E expenses with Zoom, and Go To Meeting. Business travelers accounted for the bulk of passenger airlines. Companies seeing the profit increases from reduced expenses will continue with virtual meetings. One company I invest in was down 15% in sales YTD. Their profits were up 4%. It was from using more outposted employees and reduced travel expenses.
12-06-2020, 01:02 PM
#23
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Joined APC: May 2018
Posts: 210
Originally Posted by Stan446
Fedex acquires TNT. Same crap and pointless.
12-06-2020, 05:29 PM
#24
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Joined APC: Aug 2019
Posts: 1,033
Originally Posted by BLOB
12-06-2020, 07:29 PM
#25
Banned
Joined APC: Jun 2018
Posts: 1,838
Originally Posted by Stan446
Im cheered. This acquisition is not news. FedEx leaves China, thats news, and its not true.
12-07-2020, 12:10 AM
#26
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Joined APC: Sep 2008
Position: B767
Posts: 1,901
Originally Posted by Stan446
Im cheered. This acquisition is not news. FedEx leaves China, thats news, and its not true.
12-07-2020, 01:30 AM
#27
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Joined APC: Aug 2019
Posts: 1,033
Originally Posted by wrxpilot
That would be an extremely foolish business decision, and possibly even the end of the company. Which means no more pension check for you. Good thing pilots aren’t making the business decisions!
12-07-2020, 02:33 AM
#28
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Joined APC: Sep 2008
Position: B767
Posts: 1,901
Originally Posted by Stan446
You are a moron. I was joking. You really think anyone has a input into company choices? You do know this is a BS forum and bs opinions? If you get any info from the site, well then, good luck. You do know a select few make a few $ off of people posting here. And no one is ending any pension check from a post on a forum. But good luck reading the crap people post here, mine included.
12-09-2020, 07:10 AM
#30
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Joined APC: Apr 2013
Posts: 1,622
Originally Posted by wrxpilot
That would be an extremely foolish business decision, and possibly even the end of the company. Which means no more pension check for you. Good thing pilots aren’t making the business decisions!
He did say that many of our customers aren’t pulling out of China, for now but they have started a campaign of ABC, “anything but China” when looking for new or additional manufacturing opportunities considering the future and potential instability in China.
Moving the airline’s crews out of HK is definitely a possibility but would greatly impact the CAN hub. IMO, the OAK 767 base with 767ETOPS is a backup plan should the HK crews be grounded or continued disruption between HK and CAN.
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