Buyer's remorse??
02-16-2023, 01:31 PM
#482
Line Holder
Joined APC: Apr 2018
Posts: 70
You guys are in for a ride….
“Customers could notice the effects of FedEx’s pursuit of efficiencies in instances it “opts for slower but cheaper freight transportation through its own network while relying less on faster but more expensive” third-party services, said CFRA Research Vice President Colin Scarola in an email. However, the largest cost-savings move is likely to be Express downsizing its flight operations as demand continues to fall, he added.
“Because most of the DRIVE cost cutting will be tied to shrinking Express volume, and not be matched with organic growth, the long-term profit trend for FedEx is not likely to be great even with a successful DRIVE initiative, in our view,” Scarola said.
“Customers could notice the effects of FedEx’s pursuit of efficiencies in instances it “opts for slower but cheaper freight transportation through its own network while relying less on faster but more expensive” third-party services, said CFRA Research Vice President Colin Scarola in an email. However, the largest cost-savings move is likely to be Express downsizing its flight operations as demand continues to fall, he added.
“Because most of the DRIVE cost cutting will be tied to shrinking Express volume, and not be matched with organic growth, the long-term profit trend for FedEx is not likely to be great even with a successful DRIVE initiative, in our view,” Scarola said.
02-16-2023, 01:57 PM
#483
Aspiring PSA Captain
Joined APC: Sep 2020
Posts: 880
You guys are in for a ride….
“Customers could notice the effects of FedEx’s pursuit of efficiencies in instances it “opts for slower but cheaper freight transportation through its own network while relying less on faster but more expensive” third-party services, said CFRA Research Vice President Colin Scarola in an email. However, the largest cost-savings move is likely to be Express downsizing its flight operations as demand continues to fall, he added.
“Because most of the DRIVE cost cutting will be tied to shrinking Express volume, and not be matched with organic growth, the long-term profit trend for FedEx is not likely to be great even with a successful DRIVE initiative, in our view,” Scarola said.
“Customers could notice the effects of FedEx’s pursuit of efficiencies in instances it “opts for slower but cheaper freight transportation through its own network while relying less on faster but more expensive” third-party services, said CFRA Research Vice President Colin Scarola in an email. However, the largest cost-savings move is likely to be Express downsizing its flight operations as demand continues to fall, he added.
“Because most of the DRIVE cost cutting will be tied to shrinking Express volume, and not be matched with organic growth, the long-term profit trend for FedEx is not likely to be great even with a successful DRIVE initiative, in our view,” Scarola said.
Shrinking to profitability is almost always a failed strategy.
02-16-2023, 01:59 PM
#484
Gets Weekends Off
Joined APC: Mar 2009
Position: Fedex
Posts: 160
You guys are in for a ride….
“Customers could notice the effects of FedEx’s pursuit of efficiencies in instances it “opts for slower but cheaper freight transportation through its own network while relying less on faster but more expensive” third-party services, said CFRA Research Vice President Colin Scarola in an email. However, the largest cost-savings move is likely to be Express downsizing its flight operations as demand continues to fall, he added.
“Because most of the DRIVE cost cutting will be tied to shrinking Express volume, and not be matched with organic growth, the long-term profit trend for FedEx is not likely to be great even with a successful DRIVE initiative, in our view,” Scarola said.
“Customers could notice the effects of FedEx’s pursuit of efficiencies in instances it “opts for slower but cheaper freight transportation through its own network while relying less on faster but more expensive” third-party services, said CFRA Research Vice President Colin Scarola in an email. However, the largest cost-savings move is likely to be Express downsizing its flight operations as demand continues to fall, he added.
“Because most of the DRIVE cost cutting will be tied to shrinking Express volume, and not be matched with organic growth, the long-term profit trend for FedEx is not likely to be great even with a successful DRIVE initiative, in our view,” Scarola said.
02-16-2023, 07:57 PM
#488
Line Holder
Joined APC: Apr 2018
Posts: 70
Originally Posted by Virga show;[url=tel:3593214
3593214]my guess is he got told NO THANKS by Purple and had to go on over to Brown. Must be bitter.
02-16-2023, 08:13 PM
#489
Line Holder
Joined APC: May 2021
Posts: 30
2022 net profits by airline/air line
FedEx 1.3B
Delta 1.318B
United .737B
AA .803B
SWA .539B
Total of all the above - 4.697B
UPS 2022 net profit - 13.9B
Smart move leaving the “sinking ship”
02-16-2023, 08:34 PM
#490
Line Holder
Joined APC: Apr 2018
Posts: 70
Originally Posted by FocusedFlying;[url=tel:3593288
3593288[/url]]Sinking ship?
2022 net profits by airline/air line
FedEx 1.3B
Delta 1.318B
United .737B
AA .803B
SWA .539B
Total of all the above - 4.697B
UPS 2022 net profit - 13.9B
Smart move leaving the “sinking ship”
2022 net profits by airline/air line
FedEx 1.3B
Delta 1.318B
United .737B
AA .803B
SWA .539B
Total of all the above - 4.697B
UPS 2022 net profit - 13.9B
Smart move leaving the “sinking ship”
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