Earnings report Jan 30
#22
Banned
Joined APC: Oct 2019
Posts: 923
#23
Gets Weekends Off
Joined APC: May 2006
Position: DC-8 756/767
Posts: 1,144
The Post Office is moving away very rapidly from using airplanes to transport their volume, which FedEx is highly invested in. UPS had some of that volume, but nothing even close to FedEx. The behind six months has little to do with us. As stated above, UPS runs their business totally different, as we truck stuff first where FedEx mostly put their stuff on airplanes first.
#24
Gets Weekends Off
Thread Starter
Joined APC: Mar 2021
Posts: 1,105
#25
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,683
Agreed. Now that Fred and his love affair with air cargo is gone, FedEx corporate is free to chase efficiency and cost savings at the expense of their airline’s growth. Unfortunately, my best guess is that their pilot group will see stagnant numbers for several years going forward as FedEx corporate figures out how to use a more UPS like business model. Hopefully, they stand strong on their contract negotiations and refuse to accept less than the going rate for widebody pilots, while also improving their retirement plan. I don’t envy them.
#26
Gets Weekends Off
Joined APC: Aug 2006
Posts: 597
UPS= United Parcel Service, nothing in the name that says get it there fast ie: fly it if too far to truck over night.
FedEx= Federal Express, Express definition -denotes an overnight or rapid delivery service
So maybe they should rename FedEx to FedPS, or Federal Parcel Service
FedEx= Federal Express, Express definition -denotes an overnight or rapid delivery service
So maybe they should rename FedEx to FedPS, or Federal Parcel Service
#27
Line Holder
Joined APC: Nov 2023
Posts: 70
Very True. Just look at Gateways, especially in Asia. FDX has triple the planes parked at each and everyone of them. Crazy really. CRK, NRT, KIX, SIN, doesn't matter which one. Four to one on the ramp. If they need to cut some fat, plenty out there.
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