FedEx stock performance
- Thread starter zeev
- Start date
Both shipping rates as well as the transportation index have had a rough go of it these past few weeks.
fatboy33
Well-Known Member
The stock market is a ponzi, when 10 percent of Americans own almost 90 percent of all Stocks. They decide when prices go up and down. The people on the bottom just hope their 401K will be worth something at retirement. Free money given to corporations, along with covid stimulus which made its way from the working class to the rich, only to be used as stock buybacks inflating the value of the market. Nothing more than Vegas with a suit and tie. You can get lucky and win or screwed. The Rich is the House and never loses....just ask Nancy Pelosi and the rest of the Senate Ds and Rs.
Wally
BrownCafe Innovator & King of Puns
As FedEx stock crashes after brutal profit warning, analyst points to a lurking Amazon
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role.
Serf
Well-Known Member
In this article, the cost saving measures listed were exactly what I was told by a district manager in a skip level meeting pre strong flu season. Pre March 2020 Express was struggling.
As FedEx stock crashes after brutal profit warning, analyst points to a lurking Amazon
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role.finance.yahoo.com
Wally
BrownCafe Innovator & King of Puns
What exactly is cancellation of certain planned network capacity and other projects?
Serf
Well-Known Member
My guess would be sponsoring BS in sports etc $ expanding facilities ? Other than that, who knows!
zeev
Well-Known Member
More contractors especially in rural areas , take packages to an area than call any taxi or delivery service in area.
Might have to ask Rory Mcllory to give back that 18 million he walked off with.
Perhaps an example would be the terminal I was at. The building is only 15 years old and the addition they built onto it is only 7 years old. Nevertheless they are currently scheduled to get a new building in 2024 I think that's off the table now.
Operational needs
Virescit Vulnere Virtus
This has nothing to do with Amazon OR UPS and everything to do with the people running FedEx. I’ll say it again, they’re running the company into the ground with gross incompetence. Poor service was excusable during Covid. They have no excuse for the horrible service now. Shareholders are finally realizing that all the BS they’ve been sold is smoke and mirrors. Fred S was an expert at the game. Raj, not so much. It’s finally catching up to them.As FedEx stock crashes after brutal profit warning, analyst points to a lurking Amazon
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role.
Serf
Well-Known Member
We used to leave the building at 0815 almost every day only a few years ago.
Serf
Well-Known Member
The world needs overnight service, but things are going to have to change dramatically. And fast …
Cactus
Just telling it like it is
It was when Express tried it too about 15 years ago. One would think they’d learn from past mistakes, but X never does.
Package dude
Member
Here is a really good article that explains what frontline employees sees wrong with FedEx daily. FedEx’s Problems Are About FedEx, Not the World
Package dude
Member
The last paragraph says it all. Wake up Memphis before it’s too late.
UnionStrong
Sorry, but I don’t care anymore.
Even at UPS, we used to get out by 9am years ago.
