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(Marketwatch)   Wall Street finally determines that FedEx is not delivering   (marketwatch.com) divider line 17
    More: Fail, FedEx Corp, Wall Street, account of profits  
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1671 clicks; posted to Business » on 20 Mar 2014 at 2:04 PM (21 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments   (+0 »)
   
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2014-03-20 02:14:33 PM
Actually now is probably a good time to pick up some shares.  They got whacked with the double whammy of bad Christmas PR and then shiatty weather, neither of which will repeat any time soon.
 
2014-03-20 02:20:02 PM

Incontinent_dog_and_monkey_rodeo: Actually now is probably a good time to pick up some shares.  They got whacked with the double whammy of bad Christmas PR and then shiatty weather, neither of which will repeat any time soon.


Yeah, but at least here in OK (Could just be the workers), theyre are the worst of the big league shippers. Changing ship dates to avoid saying something is late, actually losing the package and never getting back to you and just tossing your package at the door to name a few detractors. During the first big winter storm this past season, UPS, DHL and even USPS only got my stuff in a day later at most. FedEx was a week and a half late.

I hope they collapse and rebuild completely; they need an overhaul.
 
2014-03-20 02:20:57 PM
FedExs problems have nothing to do with bad Christmas PR or lousy weather, except maybe if you look at those issues as symptomatic of a badly run organization.  Their service and operations have been subpar for some time.  They are just making too many mistakes to compete.
 
2014-03-20 03:06:17 PM
Step 1: Lobby congress to sabotage the US Postal Service
Step 2: Lobby congress to make sure labor rules that apply to UPS don't apply to you
Step 3: Profit Fail
 
2014-03-20 03:28:50 PM

Best Princess Celestia: Incontinent_dog_and_monkey_rodeo: Actually now is probably a good time to pick up some shares.  They got whacked with the double whammy of bad Christmas PR and then shiatty weather, neither of which will repeat any time soon.

Yeah, but at least here in OK (Could just be the workers), theyre are the worst of the big league shippers. Changing ship dates to avoid saying something is late, actually losing the package and never getting back to you and just tossing your package at the door to name a few detractors. During the first big winter storm this past season, UPS, DHL and even USPS only got my stuff in a day later at most. FedEx was a week and a half late.

I hope they collapse and rebuild completely; they need an overhaul.


I have worse problems with UPS, If I only had a dollar for every time I waiting all day for a package that was supposed to be 'out for delivery', only to find out after 5 o'clock, it was rescheduled for the next day.
 
2014-03-20 03:39:45 PM
We should totally replace the USPS with these guys. They clearly do a much better job.
 
2014-03-20 04:06:50 PM
Quarterly profit of $378 million UP by $0.10 a share YoY and revenue increased by 3.2%

The horror!  Sell, Mortimer, sell!  I wish I could run a company that "failed" like that.
 
2014-03-20 04:14:26 PM
We will no longer use them for freight. They're gonna break it and not pay for it 50 pct of the time.
 
2014-03-20 04:59:08 PM

Best Princess Celestia: Incontinent_dog_and_monkey_rodeo: Actually now is probably a good time to pick up some shares.  They got whacked with the double whammy of bad Christmas PR and then shiatty weather, neither of which will repeat any time soon.

Yeah, but at least here in OK (Could just be the workers), theyre are the worst of the big league shippers. Changing ship dates to avoid saying something is late, actually losing the package and never getting back to you and just tossing your package at the door to name a few detractors. During the first big winter storm this past season, UPS, DHL and even USPS only got my stuff in a day later at most. FedEx was a week and a half late.

I hope they collapse and rebuild completely; they need an overhaul.


Actual quality and service delivery has little to do with whether one should pick up shares, sadly.  They're right - it's a good time buy shares if this announcement is what made them dip.
 
2014-03-20 06:36:09 PM

Wendy's Chili: Step 1: Lobby congress to sabotage the US Postal Service
Step 2: Lobby congress to make sure labor rules that apply to UPS don't apply to you
Step 3: Profit Fail

 
2014-03-20 08:43:27 PM

qorkfiend: We should totally replace the USPS with these guys. They clearly do a much better job.


I know. Don't you want important bills and private information in the hands of the fedex guy?
 
2014-03-20 09:32:06 PM
I blame Denny.
 
2014-03-20 09:45:55 PM
grumpycat_good.jpg

I hope the whole company goes under and the marketshare is taken over by someone competent.

Had a few Amazon deliveries this winter where they were originally (understandably) delayed a couple of days by snow.  Sure.  It happens.

But their corporate policy is that once the package is already late, well, fark it.  They'll deliver that package whenever the hell they feel like getting around to it.

My packages were two day shipping.  After a WEEK I contacted Amazon.  They confirmed with my local FedEx that they were supposed to be going out the very next day, barring horrible weather.  The next day was cold but sunny (what day wasn't cold this year?).  No package.  Called Amazon again.  They looped me in on a call with the actual FedEx office who again said "oops, sorry, bad weather!"  I pointed out that the day had been completely clear, and they had nothing but empty "oh sorry, our trucks couldn't get out"

In the meantime, I had ordered another item.  Again, 2 day delivery.  They managed to get THAT item to me in 2 days, before my now week-overdue package had shown up.  I finally canceled it and re-ordered the same damn thing.  Got it in two days.

Add that to the, I dunno, thousand times they've claimed they tried to deliver an item.  When I was home all day.   Or the time that they told me they couldn't deliver to my address because my "name isn't on the building directory" (there's no building directory in my brownstone walkup).  Or that they couldn't leave my package safely, despite leaving every other package they've ever delivered just fine (and this wasn't even something expensive.  At all.)

I've noticed that any time I order anything heavy from Amazon I get the "we tried to deliver!  please come get your package at the main office!"

I farking hate FedEx.  It pisses me off that Amazon won't let me request alternate shipping options.  I'd rather get regular ground shipping through literally any other carrier than "2-day" from FedEx.
 
2014-03-21 12:14:39 AM
OMG, at least Amazon allow us to put the PO box number in the first line of the shipping address for the last couple years.
There's no street delivery here, and it was a big problem.  Now, FedEx and UPS have services such as "FedEx at home" that deliver the package to the local post office and assume that the government workers would deliver it to the recipients home.  Well, they don't do that here.  So, delivery fail.  All the time.  No PO Box number, return to sender.  FFS

/sellers need to specify what delivery service they will use for each item
//wpp
 
2014-03-21 09:42:19 AM

ski9600: Now, FedEx and UPS have services such as "FedEx at home" that deliver the package to the local post office and assume that the government workers would deliver it to the recipients home.


That's FedEx SmartPost.
 
2014-03-21 04:24:39 PM
Even worse when using UPS to deliver something from the US to Canada.  UPS uses their own brokerage for customs, and will routinely charge 50-75% of the item cost in "brokerage fees".

Use USPS and never get charged a penny.
 
2014-03-21 10:12:05 PM
If they could deliver stuff without breaking it or leaving it by my front door to be stolen by my neighbors, they might get my frequent shipping business. As it stands, I still tend to stick with USPS and occasionally UPS when things are too big for the Post Office to be trusted with them.
 
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