Bring back the airmail stamp.

It’s also worth noting that the MDs were scheduled to be parked years ago so this isn’t some new revolutionary change. Also worth noting that the company has modified their plans multiple times recently and last update had several a/c transitioning to flyable storage instead of permanent. At the end of the day, we are but lowly hourly employees and have zero idea or insight whatsoever into the inner workings or their future plans. In the last townhall the CEO of our division was very transparent on the desire to draw down the MDs because they are extremely expensive to operate and maintain, he was also clear in that the Airbus was the next target so don’t be surprised to see that timeline expedited when/if it makes sense. A few have already met their fate early due to the gear problem…

Flexing the network is definitely necessary and I’d be more concerned if they didn’t do this when demand was soft. Failing to make strategic changes like that has killed a lot of businesses over the years.

UPS Day sort
 

“The LCH facility handles ground shipments while the larger WorldPort facility at Louisville Airport will maintain its day sort.”

Details matter.

Yes...they do...FedEx is not the only freight company in retraction reporting 12% year of year 3rd qtr drop in revenue.

2 Billion (with a B) loss JUST last quarter. Looks like things are going well two years into his "plan."

https://federalnewsnetwork.com/agenc...in-the-future/

Pension Liabilities
 

Postal Retirement Funds in Perspective: Historical Evolution and Ongoing Challenges Office of Inspector General OIG (uspsoig.gov)

11.7% of their annual expenses are retirement-related costs. $10B.

That number is supposed to balloon to $18B by FY2032 when The Postal Service Retiree Health Benefits Fund is depleted.

You should read the article you linked instead of just the headline. It’s really not good news for FedEx. First, that $2B loss is actually significantly better than what was projected before the Postal Reform Act became law in 2022. But here’s the part of the article that impacts us.

“USPS saw a $240 million, or 2.7%, increase in package revenue this quarter, and delivered 98 million more packages —a 5.1% increase — compared to the same quarter last year.
USPS delivered a higher volume of packages while cutting 8 million work hours — one of the agency’s largest quarterly reductions in work hours in the last decade, according to Chief Financial Officer Joe Corbett.
“There’s still a lot of work we need to complete to become a long-term, self-sustaining entity,” Corbett said.”

Our (FedEx Express) volume was down 18% for the last reported quarter and revenue was down 6% year over year. So the USPS is doing better than we are in that regard. Then there is this…

“USPS cut transportation costs by about $489 million this quarter, shifting the focus away from air shipping contractors for delivery of mail and packages, moving instead to its ground transportation network of trucks.
During this peak season, we took necessary operating risks to deliver an increased volume while incurring less costs,” DeJoy said, including minimizing peak season staffing.“

So how do you think that impacts the prospects of our retaining the Postal contract that has been worth about $1.5B annually to FedEx and, more importantly for us, required a lot of flying?

I read the article my dude, and the USPS has never been profitable. Call it their version of DRIVE, but their expenses due to pension funding isn't going away no matter how much they retain in house.

The postal contract will be retained by FedEx. However, I agree the volumes will be less. Than the previous contracts. Not really worried at all since FedEx saw this coming two years ago. I'm more worried for DeJoy and and his journey to profitability.

I don't care about DeJoy at all. No federal agency is profitable and none ever will be. That's part of why our country will keep sinking into a debt black hole more cavernous than Madonna's love canal.
But while I appreciate your optimism regarding FedEx retaining the Postal Contract, I'm curious what you base it on? Gut feeling? New rumors?