FedEx earnings

[Spur]

Econ 101.5,

Gross Profit does not account for operating expenses, which were 7.36 Billion last year.

Gross Profit - Operating Expenses = Operating Income

The Lexus analogy was pretty good, except for the $1 a week part. It would be more like $50 a month (at 1% of Revenues).

 

[SleepyF18]

If you are planning on coming in to MEM for the Demonstration at the Peabody, please email the SPC at [email protected] so we can have an idea of a headcount for planning purposes.

 

[maddoggiestyle]

Either way, I think your point is still vailid, even if we double the amount of cost per employee we are still looking at only 1.2% versus .6%.....they can still afford it.

Of course they can afford it. All the dollars clearly show that it is not about the money. It is about CONTROL.

I just finished reading Confessions of a Union Buster and it was a real eye opener. All of management's actions are very scripted as they have no real incentive to give us a better contract.

I would not be suprised if we go through another peak and are in the same postion a year from now - without a contract.

Just one line dog's 2 cents worth. See you guys on the 26th!!!