Losing market share in a recession with an industry wide drop in volume and depressed shipping rates can wreck havoc on anybody in this space.
Fedex Stock
- Thread starter Spam
- Start date
Operational needs
Virescit Vulnere Virtus
Soooo, as a follow up to this, six of ten packages were delivered by the due date. Four of them are out for delivery today (again), three days late. That’s a 60% on time delivery rate. SMH.
Story going around of another major announcement coming on 4-01. Some talk that freight is going to be sold. Other talk is that more Express drivers will move into Ground barns to run Express business to business air box while Ground will run residential air box.
It will be a war. How would you like to be a contractor paying contractor money and over here a few feet away are topped out Express drivers making 60+% more with benefits? Let's see him try to keep drivers when that pay disparity that will now exist in the very same building is known .
Better yet Express keeps the easy in town air box while the money losing rural air box goes to contractors. It will be about as profitable as rural Smart Post. If it turns out this way then you have to wonder just how much more abuse contractors will be willing to take?
It will be a war. How would you like to be a contractor paying contractor money and over here a few feet away are topped out Express drivers making 60+% more with benefits? Let's see him try to keep drivers when that pay disparity that will now exist in the very same building is known .
Better yet Express keeps the easy in town air box while the money losing rural air box goes to contractors. It will be about as profitable as rural Smart Post. If it turns out this way then you have to wonder just how much more abuse contractors will be willing to take?
Operational needs
Virescit Vulnere Virtus
And it gets worse. I know y’all probably aren’t interested in this saga but I have to vent somewhere. Lol. One package was delivered yesterday, three days late. Another package was transferred to Ground and the. Back to Express yesterday. No vans today. Another package was OFD with Ground last week, was transferred back to Express, then back to Ground and OFD yesterday and again today.
Fourth package was OFD by Ground 3/16, 3/17, and 3/20, transferred back to Express, not showing any scans today and still not dlvd. Friggin unbelievable!
Oh, and I also found out today when I called that there is no money back guarantee on 2-day shipments. The agent I talked to said that she could probably make adjustments though once the shipments are invoiced so I have to call back.
yadig
Well-Known Member
Don’t let it get to you because it doesn’t look like raj and crew care either.
I find my life is easier if I order everything from Amazon.
Much cheaper labor
Darmark7
Retired 2020. Not my Problem Anymore!
But almost 3 times more? We need a new CEO and it needs to be a man from within or UPS is doomed! Send a woman to do a man’s job and you can see the outcome.
Fred's Myth
Nonhyphenated American
"A company's stock value can be used to compare it to its competitors, but only when using a relative valuation metric like the price-to-earnings (P/E) ratio or price-to-book (P/B) ratio, which allows you to compare how the market is valuing a company's stock relative to its earnings or book value compared to its peers in the same industry."
Do I have to wake up @bacha29 to educate you?
Darmark7
Retired 2020. Not my Problem Anymore!
Ok, so why was UPS and FedEx both at $180 just a couple years ago and now UPS is at $131 and FedEx is at $289? One has been climbing and one has been treading water or losing for the past few years. So using your “relative valuation metric” which is doing better?
Fred's Myth
Nonhyphenated American
"Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its peer — FedEx stock (NYSE: FDX). UPS trades at a higher valuation multiple of 1.4x revenues vs. 0.7x for FedEx FDX , due to its superior revenue growth, profitability, and financial position." Up 30% In A Year, Is FedEx Stock A Better Pick Over UPS?
The market doesn't seem to care about the price of the stock, but what that stock will do in the future.
Darmark7
Retired 2020. Not my Problem Anymore!
Time will tell if Forbes was right.
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UPS also has a much higher dividend payout.
So every time they pet that dividend that brings the stock price down a little bit more
