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Ground to absorb Express
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<blockquote data-quote="bbsam" data-source="post: 3510988" data-attributes="member: 22662"><p>I’m not sure you’re reading those quarterlies correctly.</p><p></p><p>I’ve often wondered what that margin really is. It used to be in the high teens. Then it dropped to around 10 to 12%.</p><p></p><p>About that time Ground started really ramping up with new facilities and hubs.</p><p></p><p>So my question is, did the margin really drop or is it just reinvested and therefore not showing on the balance sheet?</p></blockquote><p></p>
[QUOTE="bbsam, post: 3510988, member: 22662"] I’m not sure you’re reading those quarterlies correctly. I’ve often wondered what that margin really is. It used to be in the high teens. Then it dropped to around 10 to 12%. About that time Ground started really ramping up with new facilities and hubs. So my question is, did the margin really drop or is it just reinvested and therefore not showing on the balance sheet? [/QUOTE]
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