More FedEx Bad News ..
11-07-2021, 10:21 AM
#31
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Originally Posted by Tango Uniform
I’d be more worried about Express moving through Ground. UPS has made great profit from 1day and 2day never touching an aircraft. If it isn’t already happening in FDX, it will. The Express drivers will be gone. FDX Ground drivers delivering all FDX packages. No more Fed Ex Express or Fed Ex Ground. Just Fed Ex.
11-07-2021, 11:11 AM
#32
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Posts: 447
Originally Posted by Tango Uniform
I have a number of AMZ fulfillment centers around me. I have 2 AMZ aircraft gateways, one being a regional sort. This past week I placed an order. 2 items, $36. 1 item was a .68 cent light switch cover. AMZ delivered the light switch cover in 2 hours. I have no idea why. The second item was at my door by 8am the next morning. Don’t know how that order made AMZ any profit?
11-07-2021, 11:23 AM
#33
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Originally Posted by WearyEyed
I’ll need to find the quote but a couple years ago I remember Fred saying he had one last big goal to achieve before retiring. If it’s not a merger with another major company to compete with Amazon then I think it’s to merge Express and Ground into one lean corporation with better system efficiency. But what do I know, I just fly planes.
https://www.commercialappeal.com/sto...ry/4681889002/
11-07-2021, 11:45 AM
#34
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Originally Posted by ClncClarence
Ya…no. Express is - by far - the highest revenue generating segment of FedEx Corp. It’s not even close. I can’t see that changing in the foreseeable future.
UPS is a trucking business. FedEx is an airline.
UPS is a trucking business. FedEx is an airline.
These numbers come directly from the FedEx investors FY21 PDF document on the website. Ground has been kicking it for a while now.
11-08-2021, 05:10 PM
#36
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Originally Posted by WearyEyed
I’ll need to find the quote but a couple years ago I remember Fred saying he had one last big goal to achieve before retiring. If it’s not a merger with another major company to compete with Amazon then I think it’s to merge Express and Ground into one lean corporation with better system efficiency. But what do I know, I just fly planes.
I know he said that he wanted to make e-commerce (b2c) successful before he retires.
11-09-2021, 06:35 AM
#37
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Ground is the source for most of our mis-deliveries and screw ups. That business model sucks for the customer but is good for stockholders. I see and met the local ground delivery owner. Hard hard way to make a living.
11-09-2021, 12:13 PM
#39
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Originally Posted by MEMA300
Ground is the source for most of our mis-deliveries and screw ups. That business model sucks for the customer but is good for stockholders. I see and met the local ground delivery owner. Hard hard way to make a living.
11-29-2021, 03:29 PM
#40
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Amazon to Rival FDX/UPS Largest Delivery Serv
Amazon is now shipping 72% of their own packages. In early 2022 they expect to rival UPS. Amazon is already delivering more parcels than FedEx Corporation.
https://www.cnbc.com/2021/11/29/amaz...exec-says.html
https://www.cnbc.com/2021/11/29/amaz...exec-says.html
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