America’s top-rated Company FedEx Shows Poor Earnings Forecast, Is The Economy Hitting It Hard? »
Posted By WikiMap 5 months, 1 week ago in NewsLate yesterday, the United States' stock market reported a decline in FedEx stocks. Fedex is America's top-rated overnight parcel delivery company. FedEx itself announced an imminent dip in profits of 30 to 45 cents a share in this reporting period, although analysts were expecting shares of least 60 cents.
Read Full Story at mychannelnews.info »
849 Views Share Story 16 Comments Report
Who Also Submitted:
RSS Join the Discussion
+ Add CommentComments So Far: 16 (view all)
-
100%
Charlson5 months, 1 week ago
This comment is below the standard viewing threshold View It »
FedEx is anti-union, huh? And when profits are down, FedEx decides to make an expensive media campaign against unions? When your employees want to unionize, there must be wrongs they want to address but are unsuccessful individually.
Reply
The thing that makes FedEx unique is their mail tracking system which the government is interested in converting to tracking immigrants or visitors from abroad (and maybe everyone else in the future). -
-
-
hefaa1Comment removed: Hard Banned
-
-
100%
GWHayduke5 months, 1 week ago
This comment is below the standard viewing threshold View It »
FTA-
Reply
On June 9, FedEx launched its campaign, “Brown Bailout”, which will soon be seen on television and print ads. The campaign asks consumers to complain to their senators about union legislation. “Brown Bailout” refers to Fedex’s main competitor, UPS; (its workers wear the color brown) receiving a government bailout for its purported struggle to compete with Fedex.
The so-called "Brown Bailout" is nonsense. FedEx has spent several million dollars propogating this political rhetoric.
UPS operates under the labor laws (RLA) Railway Labor Act and (NLRA), the National Labor Relations Act, which governs all drivers of commercial vehicles in the US - except FedEx.
FedEx operates with exemptions from the(RLA) Railway Labor Act and the NRLA because it has been classified as an Airline, thereby avoiding the right of its employees to unionize.-
50%
Georgia505 months, 1 week ago
This comment is below the standard viewing threshold View It »
According to the Teamsters web site, Fedex is covered by RLA, not NLRA. The distinction merely means the Teamsters must win a national election. They cannot organize by location.
Reply
http://www.teamster.org/content/fedex-threatens-%E...
So I guess the question is...why can't the union win a national election? If everything it claims is true (I know...ridiculous but lets roll with it...) then Fedex would already be unionized.
Maybe the union is lying. Maybe most Fedex workers like the idea of 1) keeping their money and 2) NOT subsidizing the Democratic Party against their will.
-
-
-
100%
calitennflo5 months, 1 week ago
This comment is below the standard viewing threshold View It »
They do not seem to be doing bad here in san Diego...nor is Ups...I used to watch to see who got to the airport first...and fed ex usually landed two or three large planes in this time period...and even a small one some days and evenings.
Reply -
Add a Comment
Sign In With Your Propeller Account
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.