The amount of lawyers and other e/c types authorizing $100-$500+ envelopes with a single document to be overnighted to the other coast is ridiculous. One is too many, since they could be an email with docusign. But loads of these types of businesses just won't update.
I used to work at a fedex office location and we'd have about 1 or 2 of those types every other week paying 500+ for an envelope to be hand-couriered (they buy a plane ticket for the courier) because they missed the express cut off. That was just on my shift, that I saw.
So thats how they deliver those $500+ packages. Once i saw a DHL delivery guy on a passenger plane. I was wondering why he was traveling while still in uniform. Tmyk
I just had to hand carry a case of wafers for testing to North Carolina because they kept being broken while being shipped.
I had to fly to our customer location in NC, pick the case of wafers up, fly back to our processing site & have the wafers tested, then fly back to NC to present the processed wafers to our customer.
Kind of an interesting 72 hours. Definitely wouldn’t mind a regular job like that!
Ha! It was a case of 25 200mm Silicon Carbide Wafers. I believe once processed, they were worth like $15k a piece. My boss basically joked with me that if I broke any of them, I’d better hope it’s because the plane was going down.
Not just replicas. A lot of those selling diamonds, ultra high end watches, or high margin custom jewelry just don't give a fuck. Margins are wide enough in the industry, weight is low, and BOTH the FEDEXvsOTHERS premium PLUS the 2nd/3rd day <5lb shipping premium doesn't matter to them. Why would they when care about the extra $20-60 they pay for the FDX shipping costs when the insurance costs on that shipping is $100-1000s insuring the 5-7fig value stuff inside?
Even in those cases FDX isn't great. I think many stick with FedEx on the perceived notion that FedEx is a superior choice when it comes to 1-3 day express shipping (maybe they have something with express international? I wouldn't know about that first hand). Yet the reality is UPS has largely improved and mostly caught up to FDX in the 1-3 day express arena. Meanwhile, Amazon is cheaper and in some cases even faster with their same day delivery guys. USPS is always the economic option yet even their higher failure rate for priority shipments but will be like 98% vs 99.5% for a 1/5th of the cost. FedEx actually has little specialty and innovation is increasingly making them obsolete.
I had to pack a huge fucking light stand vase or some shit for an old guy with 2 bodyguards flanking him. There i was, being paid minimum wage, observed the whole time by these goons, and they're all worried about this stupid knock off from China town.
Can’t DocuSign recorded docs in most states. And when lawyers finish negotiating docs the day before a close, gotta use the overnight shipping. Also, it’s the client’s money. Also, your comment is hilariously specific and I love it.
Source: am a lawyer and do send hundreds of dollars of fedex overnight a week.
And large enough businesses have negotiated rates that are quite a bit lower than consumer rates. Every quarter I used to sit down with our FedEx and UPS reps. The rates dictated how we prioritized shipping methods.
We’ve run across a few documents that need a wet signature. Idk if it’s the bank, or lawyers requiring it but it’s definitely required in a rare group of instances
Yeah I work for a brokerage firm and there are certain documents where I HAVE to have a wet signature or the document is basically useless to our main office.
The financial world is so inconsistent with this type of stuff that it's actually kind of amazing.
FedEx Ground is the worst of it. They use a subcontracting model where the drivers basically work for an independent trucking company. All kinds of shady subcontractors get in. Many of them have engaged in known DoL
violations on pay, hours, etc. I worked for one in late 2020. Heard Express was substantially better, or at least better regulated.
Fedex has a better expedited network and much cheaper if you ship bigger items. I had a 35 lb package from Chicago to LA USPS was asking for $45 7 day, UPS was $60-65 3-4 day, Fedex wanted $30 4-7 day (this was with an eBay coupon though but regular price was like $41)
And normally the most expensive!
So between those two facts leading to lower volume (and presumably revenue) it sounds like the C Suite over there is going to be giving themselves nice bonuses this year, and everyone else a pink slip.
Funny story about Fedex prices: I took a vacation a few years ago and bought something pretty expensive while I was there that came in a decent sized box, too big to fit in my luggage. I wanted to keep the original box, but didn't want to deal with carrying this empty box around, especially at the airport, or potentially paying checked bag fees or whatever. So I walked to a nearby fedex, to try and mail the box back to my house.
**They wanted $80 to mail this empty box.**
The guy then tells me to try the post office down the road, they mailed it for $7.
Post office small package delivery is subsidized by the 1st class stamp. They can lose money delivering while fedex, ups and Amazon have to make money doing it.
Yeah. God I hate fucking recession talk bears so much with their
"DOOMCESSION IN 6MONTHS^another6months^trustmeguys6moremonths^Iswear6months!!!^Iwasnotwrongabouttheyieldcurveinversionlike18monthsagobecauserecessioniswhenyieldcurveUNINVERTS6monthsfromnow!!!! "
I cannot express how fucking lame and pathetic they are grasping at every little pathetic straw they can to make their pussy ass fear mongering cases. REAL bears STFU, short FDX before earnings, and post their gains.
FedEx is the worst of the old 3 choices when it comes to the shipper or receiver. Company I work for never offered FedEx cause it's worse than both UPS and USPS, I don't like it on the receiving end as a consumer, and now Amazon is in the industry disrupting all the 3 shippers, but UPS was always better than FedEx and USPS is back by the US government so that leaves FedEx as Amazon's cannibalizations target. Fedex failing is their own issue. Don't see fucking Costco complaining about a downbeat economy even though it competes DIRECTLY with Amazon.
**TL;DR FedEx is not BestBuy/CVS/Walmart to Amazon's Amazon. That's UPS. FedEx is CircuitCity/RiteAid/Kmart**
I keep seeing praise from Americans for UPS. Always makes me wonder if UPS in the US is actually good or if everyone else is somehow even worse.
To be fair, I don't think UPS (Or anyone else) has ever lost a package for me. But every time, without fail, I'll get a text saying "your package will be delivered on day x between 10-12". And every time no one shows up, and the days later I get a text that delivery failed because no one was home and I can pick up my package in some industrial area outside of town. This has happened at four different addresses in three different parts of the city over fifteen to twenty years. So I don't think it's an issue with a particular driver or route.
Example of why FEDEX SUX: RMA materials being returned via prepaid FEDEX Ground. So there is a label for each of the 3 shipments. FedeEx Express won't pick it up because it's ground. So the customer calls FedEx to arrange FedEx Ground pick up. FedEx Ground shows up and says that the 3 INDIVIDUAL SHIPMENTS are over 150lbs total and they can't take a shipment of that size (again, these are individual shipments). So customer calls FedEx to arrange for a FedEx Freight pick up. FedEx Freight shows up to grab the shipment and then sends ME a bill for 1400$, because they apparently bill whoever has an account at the pick up address, even if that's not the person who arranged for the pick up. I'm still trying to fix it, because that's definitely NOT my bill, and these 3 items already had prepaid FedEx Ground return labels with the customer's account info attached.
"One more quarter bro I swear the recession will manifest then. Just one more quarter I swear bro. One more quarter please bro I know what Im talking about."
US Economy: I didnt. Hear. No. Fucking. Bell.
Was walking from the office building I had meetings in to the DC Metro station and walked past a FedEx storefront. They were pitching the packages into the truck, hand truck just sitting there.
They are called "cans" they throw shit and break people's stuff in. I work for FedEx and the only reason I ship through them is my 75% discount on shipping. I'd advise to never to ship FedEx. The employees are also treated like shit.
I’ve been doing online retail for 7+ years and pack and ship everything I sell myself, as well as choose which company to ship with, and file claims for any lost or damaged items. FedEx gets a TON of hate online, but my personal experience of shipping 50,000+ packages over 7 years, is that FedEx is the most reliable overall. UPS must have a woodchipper/dirt factory that they route every package through because holy fuck do those package look like shit by the time they’re delivered. UPS doesn’t lose my stuff often, but when it goes out on a truck for delivery one day then never actually gets delivered, it’s always something that’s $500+, and their insurance only covers $100. Also, if they mark your package delivered, even though they don’t deliver it, you get zero coverage. USPS is fine for small packages but anything over 4lbs is straight up uncompetitive price wise. Also, the amount of item they’ve lost of mine is staggering and they have zero support when this happens. I won’t ship anything over $100 with USPS.
I ordered 4 pairs of shoes from adidas. Dropped off by fedex. Big square box had been opened and someone had taken out 3 of the 4 shoeboxes. Left one in there (to give the appearance of some kind of weight obvs) but took one of the shoes in the last box out as well. Motherfucker you couldn’t have just left one complete pair? What am I going to do with ONE shoe?!?
Of course neither fedex nor adidas took responsibility. FedEx said it was weighed at the sorting facility and was accurate. Assholes all around.
Probably fell out before it was sorted to be delivered. Fedex mishandles packages and a lot of boxes become damaged. What we do if tape them back up before we deliver them but we don't even do a good job at that.
Eff FedEx. I lost an entire 6.5' long trolling motor to them. Someone reapcked the prop in a 12" square box, FedEx delivered it, and called it good. I had a photo of everything I had shipped, so they gave me $200 in insurance back on a $1.7k trolling motor. Shipsurance then denied my claim because it was shipped in a box that had the brand name on the outside. Fucking racket.
I ordered a $2200 laptop from the manufacturer to be delivered via FedEx last year. Took 3 weeks to get shipped, was delivered to the wrong house, the driver was unable to retrieve it, and I was never compensated ( its been stuck in their claims processing for 8 months now, i actually suspect the driver stole it). Ordered the same laptop on Amazon and it was at my front door 3 days later. Lesson learned.
Sent my wife to mail something at usps but she went to FedEx because closer...as she texted me that she went to FedEx she handed her phone to FedEx guy (obviously I didn't know)...well he read my message to her of "noooo, FedEx sucks. Well it's lost."
Sure enough package lost.
I work there and concur we are the worst. Management's motto is "Deliveries are not important only pick ups". Translation once we have your money we dont care about your shit.
6 of the last 8 packages I received from FedEx were wrecked. And they are experts at taking a picture and hiding the ripped open side of the box. Eventually, I had to rescind the "leave package" instructions so I can refuse a package.
Yup, FedEx lost 80% of my packages in 2021-2022. Back then every retailer was sending through FedEx, and I had to beg them not to through customer service.
Now nobody sends through FedEx. Everything I order comes through Amazon, UPS, or USPS, and I actually receive my packages. Fuck FedEx, nobody needs them.
Yes they lost a very important package of ours for a week and then it mysteriously showed up. This wasnt your standard ground either, we sent this overnight to a different country. We paid a premium and it took almost two weeks to deliver. Never using them again...
As a fedex worker, god management fucking SUCKS ASS. They dont punish people for not showing up for work, not doing their job, or anything. Then management complains that nobody shows up to work then give the few people that do try to work more then they can handle so they leave to find a better job. They also dont hire from inside the company anymore, you just cant move up because they always have someone already planned to be in a leadership position with 0 work experience. FedEx is complete BS and I recommend ppl avoid it.
I live in Portland. FedEx is infamous as a black hole here. Your package arrives at the facility. It will sit there for a week in pending delivery status because they can't hire enough people or retain them to drive trucks. Things only get delivered on time if they are next day air.
This is like the people working at Sears being SHOCKED when their 80,000 square foot store closes after 14 customers bought stuff there the ENTIRE preceeding year.
Amazon driver was parked outside my house on his lunch or break the other day. I walked up to him and he immediately sat up straight and reached for his ignition to turn his van on, assuming I was going to ask him not to park in front of my home.
“Nah dude. I’m barbecuing. Do you want a hotdog or a hamburger? We have a shit ton of spares.”
The kid looked like he was about to cry when I handed him the food a few minutes later.
“I drive for UPS. I get it bro. Keep it up you’re doing good.”
They do the same job we do but they get paid 1/3 with no benefits or pension. Fûcking crazy.
I remember delivering Christmas Eve before I joined the big rig division. Every other house insisted I take a plate of food with me until the back of my truck smelled like heaven with the ten plates of food I had sitting on the shelves. I’ll never forget how kind people are to the drivers. Love the customers!
I wonder if the teamsters have any plans for trying to unionize them? It would be great if they did. I was excited when you guys almost went on strike in summer.
Keep up the good work!
It is funny comparing the attitude of our Fedex drivers to our UPS driver. I can't say for certain that it is because you guys are unionized, but Fedex drivers always seem so miserable in comparison.
To be fair to the FedEx drivers……we get paid a lot more lol. We also have amazing medical insurance and Pension. I remember when I was a new driver the FedEx driver asked me while waiting for the shipper to finish our pickups…..
“hey how much paid time off do you get? I’ve been working two years and finally have five days saved up.”
*me not wanting to ruin his day*
“Oh yeah well we get our vacation weeks back every year and our 9 sick days.”
“Vacation weeks? As plural?”
“Yeah…..as a first year I get 5 weeks of vacation a year. But our veterans get 9.”
I saw a bit of that man’s soul leave his body
That's kinda what I mean. I'm assuming the union had a large hand in your guy's pay and benefits being better than FedEx, which means, on average, UPS drivers are happier.
My normal UPS pick-up guy's has been with company for 20+ years. I swear he is on vacation every other week.
Yep! The union is largely responsible for everything we have that’s good. UPS would maximize profit at the workers expense (like FedEx and amazon) if they could but the union stops them. Unionization is amazing for the workers but not great for the investors. As a union driver who also trades it’s definitely a mixed feeling lol
It's probably good for the investors too, in the long run. Companies like to pretend that treating their employees like shit to save a buck makes financial sense, but an abused workforce makes a shitty product/service in the end.
That’s because our own delivery stations are maxed out, the only reason we ship FedEx to you is either because: 1) your house isn’t in our service area 2) you ordered some weird HAZMAT or 3) our Delivery Stations are maxed out.
Yeah Amazon has been expanding in house delivery for a while in order to reduce costs, it was a relief when 80% of Amazon I used to deliver went away a few years back
We had no warning either, just happened one day
Fedex cut ties with Amazon in 2018 because they announced they would begin shipping. At that time, I believe it accounted for less than 4% of overall volume.
I think fedex employees get confused because they only work for one OpCo and even then only get exposed to a section of the delivery network.
I've been reading a lot of other comments on here being upvoted that are straight up false claims and bad economic extrapolations from news. It's not unexpected, but always makes me question who the person being the top voted comment is.
Yeah so I drive Uber and thus get people to fulfillment centers for Amazon, and I’ve had them say that they are doing similar volume as last year, but the headcount is lower this year compared to years in the past. So my thinking is that volume is down, management expected it to be down and thus didn’t hire as many people this year… the person is meanwhile doing similar to what they did in the years past and thus thinks volume is still high…
I have been using it less and less. Only for certain name brand stuff. But everything else is junk and you might as well buy the same stuff off AliExpress for a fraction of the price just with 2-3 week shipping
I use it more than ever. Get my staples from there on a set frequency. I haven't had to think about buying pet food, toilet paper, toothpaste, etc in over a year. Comes too late or too soon? Adjust til perfect then let it ride for 20 years.
I chalk it up to Arthur Smith (FedEx CEO's brother/Falcons head coach) being a horrendous idiot who is causing Falcons fans and fantasy football managers to avoid using FedEx
Now that you mention it, I can’t remember the last time I had a package delivered by FedEx, either personally or through work. It’s been Amazon, UPS, or USPS for ages now.
Edit: I checked to make sure I wasn’t just memory-holing it. I’ve had 105 packages delivered to various locations since September (don’t judge, they weren’t all for me) in a personal rather than professional capacity. Of those, a total of 3 were delivered by FedEx.
Yup, I actively avoid using Fedex. I just continue to have poor experience with them loosing my packages or outright stealing them and marking them as delivered with a blurry picture of rocks.
I’ve had 3-4 Amazon/Wayfair packages “delivered” by FedEx in the last year and 3 out of 4 of them were supposedly delivered and signed for by someone but it wasn’t by me. I live right off a main road and my address is clearly marked right on the side of my mailbox so there is absolutely no reason they shouldn’t be able to find where I live. Again, I’ve never had any issues with USPS or UPS delivering packages. Something VERY sketchy going on…
Amazon is eating there lunch. At least UPS has convenient stores. Those FedEx office places are for a bygone era of scanning documents being some high end luxury.
Don't do it. Folks seeking market advice from strippers will throw off the trend of stripper business and further obfuscate the recession.
It's like Schrödinger's Stripper.
As a 18 wheeler driver at UPS, it’s been very slow last three weeks. We are being offered RTO/go home unpaid. Which previous peak seasons this was never done or heard of
You're not the first I've heard say that but reading this sub you wouldn't think so. More concerning, I've heard a trucker I know comment on he has had fewer opportunities.
Yeah well where we live Amazon has yet to implement their own delivery vehicles in this entire half of the state. So we get about 80% of Amazon volume and FedEx gets the rest. I definitely know what I’m talking about. This has nothing to do with Amazon.
Hmm, show us your employee ID, employee password, and your social security number as proof. Also, if you have any documents with a big red “confidential” stamped on it, make a pdf copy for us too.
The thing I’m noticing is that all my packages arrived quickly and on-time. Didn’t matter if they shipped Amazon, UPS, USPS, or FedEx.
My experience is that getting packages is usually a shitshow this time of year.
Yeah. Our center was basically dead. My route wasn’t cut (I run a 200 mile one way route to a satellite building way up in the Shasta mountains) but lots of other routes were
I think everyone has been conditioned to order/ship things right after Thanksgiving if not earlier if they want to have a prayer of getting it delivered before Christmas, it wouldn't surprise me if that would shift peak shipping demand earlier and create a deficit now
The problem is there’s very rarely ever been a time where UPS wasn’t SLAMMED every single day until Christmas Eve, even before the internet. So this is significant. Every driver should’ve worked close to a full 14 hour shift today.
A lot, if not most, of the gifts I bought this year were acts of service or experiences.
You don’t ship concert tickets and painting class through the mail.
FedEx increased their infrastructure the past 5 years so no one building ever has to feel the wrath of a 2018 peak season ever again. Volume was up above forecast the last 3 weeks of peak for the company, and margins increased 17% YoY even though total revenue was down.
Express branch is completely fucking the company as the ground network becomes almost just as efficient. Customers don't need 24 hour delivery; but they demand predictability and reliability. On time service for fedex was up 2% points YoY at 98% this peak season.
We are surely not in a recession based on fedex data lol. Fedex is, however, a bellwether and if volume were dropping it would indicate macro trends. Too much volatility in transportation sector to put that claim out there though, both for the primary reason I posted and from the company drastically changing its M-O in how it ships (Express being injected into Ground network and switching from B2B to B2C).
Next question.
Again, a false statement. Fedex is largely a B2B company, and has one very important partner that helps them compete with Amazon directly (even though both are now shipping companies, this is important).
UPS strike resulted in millions of packages flooding FedEx with the stipulation of being held for a year or more.
Here is a source for my claim:
https://finance.yahoo.com/news/fedex-says-volume-diverted-ups-220342498.html#:~:text=FedEx%20Corp.%20said%20that%20it,UPS%20and%20the%20Teamsters%20union.
Last mile may not result in a FedEx truck at your doorstep (arguably a positive lol), but how do you think that package got into the delivery driver's van?
FedEx dropped Amazon a couple years ago. It’s not the Amazon volume they’ve lost as that had already happened. I work for UPS and we were slow as all hell too, and it wasn’t because of Amazon volume.
I am seeing the same thing. I work for the biggest dildo producer in the country. Our Blackzilla XXL 4000 was sold out right after Thanksgiving and now we have no orders, we even have to offer discounts.
UPS driver here. Can confirm. Funny thing is, we are told our volume is down because FEd Ex poached it during our co tract talks. Haha. We know it’s the economy.
I follow the GCX and I am seeing a recession nearing. The garbage can indicator shows all that you need to see. All lids were fully closed in the neighborhood, even of large families, with no spillage.
UPS/FedEx rates have very little to do with Amazons order volume. At UPS Amazon is still one of the biggest customers, especially for air shipments. I still have no idea how amazon turns a profit with all the 50+lb next day air shipments they send of crap like dog food and bottled water. I recently delivered an order of almost 200lb of dumbells that Amazon next day aired to a customer. Had to have been easily over $1000 for them to ship.
Yes and no. Does fedex suck? Absolutely and probably people moving on from their services. However people still bought from another supplier likely using another shipper (aka Amzn)
Is it possible that FedEx is not a preferred consumer delivery service any longer? Businesses use FedEx and may be global luxury brands, but most everyone else is using UPS or U.S. mail because it is so much cheaper. Then there’s the Amazon factor with the free Prime, it’s just cheaper to shop at Amazon.
Yes FedEx sucks, but…I work in shipping for a class 1 railroad. Peak season for us is Thanksgiving to Xmas. It has been slow this year, slowest I’ve seen it, and I’ve been here for 20 years.
Call it anecdotal if you want, it is just my take. We are usually much busier with shipping containers including FedEx, UPS, and Even Amazon. Still noticeably light this year.
Go look at ups over 80% of drivers got there hours cut and some even got sent home for lower volume than expected. Next year is going to fuck alot of people
I’ve pretty much stopped having stuff shipped in. I just do curbside now and I can have my stuff the same day and then I don’t have a damn box I have to get rid.
Yes. Similarly when I looked in my change drawer this morning, there were mostly pennies and dimes. Last year, there were WAY more quarters. You don't need a business degree in Macroeconomics to know what this will mean to the rust belt when school's out.
Yeah, not sure why this is news at all. As someone who has worked in and with doing shipping for years this literally happens every year. It is the after Christmas lull, it literally started a week or two ago for anyone doing shipping. Pretty much at this point nothing you order will be there before Christmas so nobody is ordering presents, if they need something they are going to the local stores.
On top of that peoples new years resolutions to spend less, eat healthier, etc typically also reduce the need for shipping because people will just flat out buy less over the next two months.
Literally The end of December and January are always the slowest shipping months and by a significant margin. You can expect sales to drop a good 25-70% depending on what your selling. You actually tend to see some really big sales because they are trying do what they can to make numbers. It doesn't really pick back up until February and March.
TBF, FedEx is by far the most expensive shipper. I’m surprised they haven’t gone out of business yet.
The amount of lawyers and other e/c types authorizing $100-$500+ envelopes with a single document to be overnighted to the other coast is ridiculous. One is too many, since they could be an email with docusign. But loads of these types of businesses just won't update. I used to work at a fedex office location and we'd have about 1 or 2 of those types every other week paying 500+ for an envelope to be hand-couriered (they buy a plane ticket for the courier) because they missed the express cut off. That was just on my shift, that I saw.
So thats how they deliver those $500+ packages. Once i saw a DHL delivery guy on a passenger plane. I was wondering why he was traveling while still in uniform. Tmyk
I just had to hand carry a case of wafers for testing to North Carolina because they kept being broken while being shipped. I had to fly to our customer location in NC, pick the case of wafers up, fly back to our processing site & have the wafers tested, then fly back to NC to present the processed wafers to our customer. Kind of an interesting 72 hours. Definitely wouldn’t mind a regular job like that!
Were they simple Rick's wafers tho?
Ha! It was a case of 25 200mm Silicon Carbide Wafers. I believe once processed, they were worth like $15k a piece. My boss basically joked with me that if I broke any of them, I’d better hope it’s because the plane was going down.
Test verdict: wafers too fragile
I kinda want this job
Trust me, you'll get tired real fast. Business travel is not vacations - and working as a courier is even worse.
Replica sellers overnighting counterfeits, Hong Kong keeps them black
Not just replicas. A lot of those selling diamonds, ultra high end watches, or high margin custom jewelry just don't give a fuck. Margins are wide enough in the industry, weight is low, and BOTH the FEDEXvsOTHERS premium PLUS the 2nd/3rd day <5lb shipping premium doesn't matter to them. Why would they when care about the extra $20-60 they pay for the FDX shipping costs when the insurance costs on that shipping is $100-1000s insuring the 5-7fig value stuff inside? Even in those cases FDX isn't great. I think many stick with FedEx on the perceived notion that FedEx is a superior choice when it comes to 1-3 day express shipping (maybe they have something with express international? I wouldn't know about that first hand). Yet the reality is UPS has largely improved and mostly caught up to FDX in the 1-3 day express arena. Meanwhile, Amazon is cheaper and in some cases even faster with their same day delivery guys. USPS is always the economic option yet even their higher failure rate for priority shipments but will be like 98% vs 99.5% for a 1/5th of the cost. FedEx actually has little specialty and innovation is increasingly making them obsolete.
I had to pack a huge fucking light stand vase or some shit for an old guy with 2 bodyguards flanking him. There i was, being paid minimum wage, observed the whole time by these goons, and they're all worried about this stupid knock off from China town.
Be careful or you'll be flying rubber dog shit out of Hong Kong
Can’t DocuSign recorded docs in most states. And when lawyers finish negotiating docs the day before a close, gotta use the overnight shipping. Also, it’s the client’s money. Also, your comment is hilariously specific and I love it. Source: am a lawyer and do send hundreds of dollars of fedex overnight a week.
FedEx don’t care about the little regards shipping a present. They deliver for like fucking Apple
And large enough businesses have negotiated rates that are quite a bit lower than consumer rates. Every quarter I used to sit down with our FedEx and UPS reps. The rates dictated how we prioritized shipping methods.
We’ve run across a few documents that need a wet signature. Idk if it’s the bank, or lawyers requiring it but it’s definitely required in a rare group of instances
Yeah I work for a brokerage firm and there are certain documents where I HAVE to have a wet signature or the document is basically useless to our main office. The financial world is so inconsistent with this type of stuff that it's actually kind of amazing.
I need to get a job a a courier lol
The drivers aren’t getting any of that. They pay half what UPS with shit benes if you get any at all. Morale is crap in those buildings.
FedEx Ground is the worst of it. They use a subcontracting model where the drivers basically work for an independent trucking company. All kinds of shady subcontractors get in. Many of them have engaged in known DoL violations on pay, hours, etc. I worked for one in late 2020. Heard Express was substantially better, or at least better regulated.
they suck ass too also i think they do most of their business through corpo and govt contracts
Fedex has a better expedited network and much cheaper if you ship bigger items. I had a 35 lb package from Chicago to LA USPS was asking for $45 7 day, UPS was $60-65 3-4 day, Fedex wanted $30 4-7 day (this was with an eBay coupon though but regular price was like $41)
Amazon overtook both FedEx and UPS this year in deliveries, if anything decreased volume at FedEx probably just reflects this trend…
plus. fucking hate when shit gets shipped by fedex. they're the worst.
And normally the most expensive! So between those two facts leading to lower volume (and presumably revenue) it sounds like the C Suite over there is going to be giving themselves nice bonuses this year, and everyone else a pink slip.
Funny story about Fedex prices: I took a vacation a few years ago and bought something pretty expensive while I was there that came in a decent sized box, too big to fit in my luggage. I wanted to keep the original box, but didn't want to deal with carrying this empty box around, especially at the airport, or potentially paying checked bag fees or whatever. So I walked to a nearby fedex, to try and mail the box back to my house. **They wanted $80 to mail this empty box.** The guy then tells me to try the post office down the road, they mailed it for $7.
Went to FedEx to send an envelope with 3 stickers in it from KY to Canada. They wanted $76. Took it to usps… $1.50!
I ship a lot and the new Ground Advantage shipping by USPS has pretty much reduced my FedEx usage by 90%
Usps is the only federally insured mail too
Post office small package delivery is subsidized by the 1st class stamp. They can lose money delivering while fedex, ups and Amazon have to make money doing it.
The USPS doesn’t ’lose money’. They are a service. Saying the USPS loses money is like saying the US Military loses 800billion per year.
Yeah. God I hate fucking recession talk bears so much with their "DOOMCESSION IN 6MONTHS^another6months^trustmeguys6moremonths^Iswear6months!!!^Iwasnotwrongabouttheyieldcurveinversionlike18monthsagobecauserecessioniswhenyieldcurveUNINVERTS6monthsfromnow!!!! " I cannot express how fucking lame and pathetic they are grasping at every little pathetic straw they can to make their pussy ass fear mongering cases. REAL bears STFU, short FDX before earnings, and post their gains. FedEx is the worst of the old 3 choices when it comes to the shipper or receiver. Company I work for never offered FedEx cause it's worse than both UPS and USPS, I don't like it on the receiving end as a consumer, and now Amazon is in the industry disrupting all the 3 shippers, but UPS was always better than FedEx and USPS is back by the US government so that leaves FedEx as Amazon's cannibalizations target. Fedex failing is their own issue. Don't see fucking Costco complaining about a downbeat economy even though it competes DIRECTLY with Amazon. **TL;DR FedEx is not BestBuy/CVS/Walmart to Amazon's Amazon. That's UPS. FedEx is CircuitCity/RiteAid/Kmart**
This is true. UPS is far superior to FedEx. I would know, as a UPS driver I have to fix FedEx’s fuckups literally daily.
I’ve had more missed delivery dates from FedEx than the other shipping companies
They miss pickups. Business pickups. Which in the ground shipping industry is the bread and butter.
I keep seeing praise from Americans for UPS. Always makes me wonder if UPS in the US is actually good or if everyone else is somehow even worse. To be fair, I don't think UPS (Or anyone else) has ever lost a package for me. But every time, without fail, I'll get a text saying "your package will be delivered on day x between 10-12". And every time no one shows up, and the days later I get a text that delivery failed because no one was home and I can pick up my package in some industrial area outside of town. This has happened at four different addresses in three different parts of the city over fifteen to twenty years. So I don't think it's an issue with a particular driver or route.
Example of why FEDEX SUX: RMA materials being returned via prepaid FEDEX Ground. So there is a label for each of the 3 shipments. FedeEx Express won't pick it up because it's ground. So the customer calls FedEx to arrange FedEx Ground pick up. FedEx Ground shows up and says that the 3 INDIVIDUAL SHIPMENTS are over 150lbs total and they can't take a shipment of that size (again, these are individual shipments). So customer calls FedEx to arrange for a FedEx Freight pick up. FedEx Freight shows up to grab the shipment and then sends ME a bill for 1400$, because they apparently bill whoever has an account at the pick up address, even if that's not the person who arranged for the pick up. I'm still trying to fix it, because that's definitely NOT my bill, and these 3 items already had prepaid FedEx Ground return labels with the customer's account info attached.
UPS drivers aren’t paid as well in other countries, from what I know. “The high pay good career” thing only applies to American UPS drivers
"One more quarter bro I swear the recession will manifest then. Just one more quarter I swear bro. One more quarter please bro I know what Im talking about." US Economy: I didnt. Hear. No. Fucking. Bell.
If you ever watch them load packages on the flight line in Memphis, it would confirm your thoughts of them being shit.
Was walking from the office building I had meetings in to the DC Metro station and walked past a FedEx storefront. They were pitching the packages into the truck, hand truck just sitting there.
They are called "cans" they throw shit and break people's stuff in. I work for FedEx and the only reason I ship through them is my 75% discount on shipping. I'd advise to never to ship FedEx. The employees are also treated like shit.
I’ve been doing online retail for 7+ years and pack and ship everything I sell myself, as well as choose which company to ship with, and file claims for any lost or damaged items. FedEx gets a TON of hate online, but my personal experience of shipping 50,000+ packages over 7 years, is that FedEx is the most reliable overall. UPS must have a woodchipper/dirt factory that they route every package through because holy fuck do those package look like shit by the time they’re delivered. UPS doesn’t lose my stuff often, but when it goes out on a truck for delivery one day then never actually gets delivered, it’s always something that’s $500+, and their insurance only covers $100. Also, if they mark your package delivered, even though they don’t deliver it, you get zero coverage. USPS is fine for small packages but anything over 4lbs is straight up uncompetitive price wise. Also, the amount of item they’ve lost of mine is staggering and they have zero support when this happens. I won’t ship anything over $100 with USPS.
They consistently lie about attempted deliveries to my address. Never seen any other company do that. Wish more companies would stop using them
When it absolutely positively has to be there overnight… we’ll usually get most of your stuff there eventually.
I ordered 4 pairs of shoes from adidas. Dropped off by fedex. Big square box had been opened and someone had taken out 3 of the 4 shoeboxes. Left one in there (to give the appearance of some kind of weight obvs) but took one of the shoes in the last box out as well. Motherfucker you couldn’t have just left one complete pair? What am I going to do with ONE shoe?!? Of course neither fedex nor adidas took responsibility. FedEx said it was weighed at the sorting facility and was accurate. Assholes all around.
Probably fell out before it was sorted to be delivered. Fedex mishandles packages and a lot of boxes become damaged. What we do if tape them back up before we deliver them but we don't even do a good job at that.
assuming you're home. and you get a driver that can read numbers on homes.
They get what they pay for. No raises last year, no raises predicted 2024 and the stock just dropped $35. Figure it the fuck out Fed Ex.
Eff FedEx. I lost an entire 6.5' long trolling motor to them. Someone reapcked the prop in a 12" square box, FedEx delivered it, and called it good. I had a photo of everything I had shipped, so they gave me $200 in insurance back on a $1.7k trolling motor. Shipsurance then denied my claim because it was shipped in a box that had the brand name on the outside. Fucking racket.
Same, except $1k gold necklace.
I ordered a $2200 laptop from the manufacturer to be delivered via FedEx last year. Took 3 weeks to get shipped, was delivered to the wrong house, the driver was unable to retrieve it, and I was never compensated ( its been stuck in their claims processing for 8 months now, i actually suspect the driver stole it). Ordered the same laptop on Amazon and it was at my front door 3 days later. Lesson learned.
I would have waited 2 weeks then charged back the purchase immediately and let them deal with the banks.
Sent my wife to mail something at usps but she went to FedEx because closer...as she texted me that she went to FedEx she handed her phone to FedEx guy (obviously I didn't know)...well he read my message to her of "noooo, FedEx sucks. Well it's lost." Sure enough package lost.
I work there and concur we are the worst. Management's motto is "Deliveries are not important only pick ups". Translation once we have your money we dont care about your shit.
Yup. Fuck Fedex. Got enough money to wrong deliver 4 times
I've literally never had a good experience with FedEx. Never. They always manage to fuck it up.
6 of the last 8 packages I received from FedEx were wrecked. And they are experts at taking a picture and hiding the ripped open side of the box. Eventually, I had to rescind the "leave package" instructions so I can refuse a package.
Yup, FedEx lost 80% of my packages in 2021-2022. Back then every retailer was sending through FedEx, and I had to beg them not to through customer service. Now nobody sends through FedEx. Everything I order comes through Amazon, UPS, or USPS, and I actually receive my packages. Fuck FedEx, nobody needs them.
The WORST.
I ordered spark plugs online and they shipped through FedEx. Delivery driver threw the package over my neighbors fence into a big puddle.
Yes they lost a very important package of ours for a week and then it mysteriously showed up. This wasnt your standard ground either, we sent this overnight to a different country. We paid a premium and it took almost two weeks to deliver. Never using them again...
As a fedex worker, god management fucking SUCKS ASS. They dont punish people for not showing up for work, not doing their job, or anything. Then management complains that nobody shows up to work then give the few people that do try to work more then they can handle so they leave to find a better job. They also dont hire from inside the company anymore, you just cant move up because they always have someone already planned to be in a leadership position with 0 work experience. FedEx is complete BS and I recommend ppl avoid it.
FedEx is the worldwide overnight goat. That’s their bread and butter
Just remember, it could have gone DHL 🧟♂️
I had to paint my house number is 3’ tall letters on a home made sign to get a delivery completed by FedEX.
yeah i actively avoid them. i will choose longer estimated delivery over faster shipping with fedex
I live in Portland. FedEx is infamous as a black hole here. Your package arrives at the facility. It will sit there for a week in pending delivery status because they can't hire enough people or retain them to drive trucks. Things only get delivered on time if they are next day air.
"i work at fedex and we're doing shitty, so puts on america"
This is like the people working at Sears being SHOCKED when their 80,000 square foot store closes after 14 customers bought stuff there the ENTIRE preceeding year.
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Came here to say this. Amazon just ate their lunch, which I can confirm because the field ops dudes are super burnt out.
Amazon driver was parked outside my house on his lunch or break the other day. I walked up to him and he immediately sat up straight and reached for his ignition to turn his van on, assuming I was going to ask him not to park in front of my home. “Nah dude. I’m barbecuing. Do you want a hotdog or a hamburger? We have a shit ton of spares.” The kid looked like he was about to cry when I handed him the food a few minutes later. “I drive for UPS. I get it bro. Keep it up you’re doing good.” They do the same job we do but they get paid 1/3 with no benefits or pension. Fûcking crazy. I remember delivering Christmas Eve before I joined the big rig division. Every other house insisted I take a plate of food with me until the back of my truck smelled like heaven with the ten plates of food I had sitting on the shelves. I’ll never forget how kind people are to the drivers. Love the customers!
I wonder if the teamsters have any plans for trying to unionize them? It would be great if they did. I was excited when you guys almost went on strike in summer.
We’re trying to unionize some buildings I think. I’m merely a rank and file driver though though so what do I know lol
Keep up the good work! It is funny comparing the attitude of our Fedex drivers to our UPS driver. I can't say for certain that it is because you guys are unionized, but Fedex drivers always seem so miserable in comparison.
To be fair to the FedEx drivers……we get paid a lot more lol. We also have amazing medical insurance and Pension. I remember when I was a new driver the FedEx driver asked me while waiting for the shipper to finish our pickups….. “hey how much paid time off do you get? I’ve been working two years and finally have five days saved up.” *me not wanting to ruin his day* “Oh yeah well we get our vacation weeks back every year and our 9 sick days.” “Vacation weeks? As plural?” “Yeah…..as a first year I get 5 weeks of vacation a year. But our veterans get 9.” I saw a bit of that man’s soul leave his body
That's kinda what I mean. I'm assuming the union had a large hand in your guy's pay and benefits being better than FedEx, which means, on average, UPS drivers are happier. My normal UPS pick-up guy's has been with company for 20+ years. I swear he is on vacation every other week.
Yep! The union is largely responsible for everything we have that’s good. UPS would maximize profit at the workers expense (like FedEx and amazon) if they could but the union stops them. Unionization is amazing for the workers but not great for the investors. As a union driver who also trades it’s definitely a mixed feeling lol
It's probably good for the investors too, in the long run. Companies like to pretend that treating their employees like shit to save a buck makes financial sense, but an abused workforce makes a shitty product/service in the end.
lol every other big boy company: record rev and profits fdx: uhhhhhh its the economy, its not us
Amazon just delivers through fedex a lot of the time now, I've had dozens of Amazon packages come through my truck at FedEx the past few weeks
That’s because our own delivery stations are maxed out, the only reason we ship FedEx to you is either because: 1) your house isn’t in our service area 2) you ordered some weird HAZMAT or 3) our Delivery Stations are maxed out.
The plot thins.
At the very least you can view this as FedEx is experiencing a weak holiday season and could see that in future reports.
Yeah Amazon has been expanding in house delivery for a while in order to reduce costs, it was a relief when 80% of Amazon I used to deliver went away a few years back We had no warning either, just happened one day
Fedex cut ties with Amazon in 2018 because they announced they would begin shipping. At that time, I believe it accounted for less than 4% of overall volume. I think fedex employees get confused because they only work for one OpCo and even then only get exposed to a section of the delivery network. I've been reading a lot of other comments on here being upvoted that are straight up false claims and bad economic extrapolations from news. It's not unexpected, but always makes me question who the person being the top voted comment is.
Yea every Christmas present I ordered was delivered by Amazon
Yeah so I drive Uber and thus get people to fulfillment centers for Amazon, and I’ve had them say that they are doing similar volume as last year, but the headcount is lower this year compared to years in the past. So my thinking is that volume is down, management expected it to be down and thus didn’t hire as many people this year… the person is meanwhile doing similar to what they did in the years past and thus thinks volume is still high…
You guys still use Amazon? It turned into a US knockoff of Aliexpress for me. I haven't bought anything there since summer.
I have been using it less and less. Only for certain name brand stuff. But everything else is junk and you might as well buy the same stuff off AliExpress for a fraction of the price just with 2-3 week shipping
I cancelled my Prime 6 months ago and never looked back. The quality of the products available on Amazon has nosedived.
I use it more than ever. Get my staples from there on a set frequency. I haven't had to think about buying pet food, toilet paper, toothpaste, etc in over a year. Comes too late or too soon? Adjust til perfect then let it ride for 20 years.
Yeah. This feels more like FedEx loss of market share than a recession. Holiday spending is expected to be at an all-time high this year.
Spending is up but quantities are down. It’s only a nominal spending record because of inflation.
I chalk it up to Arthur Smith (FedEx CEO's brother/Falcons head coach) being a horrendous idiot who is causing Falcons fans and fantasy football managers to avoid using FedEx
I was about to say..... If Amazon didn't exist, FedEx would have more volume.
Rise of the "gig" carriers. Amazon, Walmart, Target, Macy, & Monoprice. I've noticed most my deliveries done by people in their own personal vehicles.
Trust me, bro.
Recession is when robot did my job faster than me already and I see less boxes
Or when other companies take away your business by offering better service.
"I will ignore any one-off stories of loaded trucks.....but my one-off story of empty trucks is the truth!"
The internet in a nutshell lol
Regarded. Packages are still being delivered just not with the regards at failing fedex.
Now that you mention it, I can’t remember the last time I had a package delivered by FedEx, either personally or through work. It’s been Amazon, UPS, or USPS for ages now. Edit: I checked to make sure I wasn’t just memory-holing it. I’ve had 105 packages delivered to various locations since September (don’t judge, they weren’t all for me) in a personal rather than professional capacity. Of those, a total of 3 were delivered by FedEx.
Yup, I actively avoid using Fedex. I just continue to have poor experience with them loosing my packages or outright stealing them and marking them as delivered with a blurry picture of rocks.
I’ve had 3-4 Amazon/Wayfair packages “delivered” by FedEx in the last year and 3 out of 4 of them were supposedly delivered and signed for by someone but it wasn’t by me. I live right off a main road and my address is clearly marked right on the side of my mailbox so there is absolutely no reason they shouldn’t be able to find where I live. Again, I’ve never had any issues with USPS or UPS delivering packages. Something VERY sketchy going on…
Fed ex has been to my house 1 or 2x since thanksgiving and we have probably had 100 things show up. So yea they are just losing market share
But do you have a buisness degree in macroeconomics?!
I dont need a buisness degree in psycologism to know that OP is regarded
Amazon is eating there lunch. At least UPS has convenient stores. Those FedEx office places are for a bygone era of scanning documents being some high end luxury.
Actually the transportation and logistics sector as a whole is very challenged right now.
I need confirmation from a stripper.
This guy knows the real indicators.
Priced in
Your mom said she was getting you a nice gift this year. Economy is OK
She better get him something nice after what I paid her last night.
Don't do it. Folks seeking market advice from strippers will throw off the trend of stripper business and further obfuscate the recession. It's like Schrödinger's Stripper.
Or a real estate agent in Boca.
Big short reference?
No, it’s something else. Go back to sleep.
Yeah I work for USPS and they are cutting hours because of low volume
Me too at ups, exactly like this dude described it, 5 or 6 busy days after thanksgiving then slowed down a lot.
As a 18 wheeler driver at UPS, it’s been very slow last three weeks. We are being offered RTO/go home unpaid. Which previous peak seasons this was never done or heard of
I also work for USPS. You can find many recent posts on r/usps saying this is the slowest peak season they’ve ever seen. I’m barely getting 40 hours.
Send them to Richmond Virginia. We didn’t get mail for 3 weeks because of shorthandedness.
You're not the first I've heard say that but reading this sub you wouldn't think so. More concerning, I've heard a trucker I know comment on he has had fewer opportunities.
Same here at Ceva. Peak barely hit us.
UPS driver here, slowest peak season ever. Lots of UPS centers did the same thing today.
You didn’t hear? Everybody started using Amazon on Nov 30th for the rest of the peak season.
We deliver Amazon 😂
Amazon has been winding down its reliance on UPS. Amazon has increased its fleet size and has been building new warehouses.
Yeah well where we live Amazon has yet to implement their own delivery vehicles in this entire half of the state. So we get about 80% of Amazon volume and FedEx gets the rest. I definitely know what I’m talking about. This has nothing to do with Amazon.
Hmm, show us your employee ID, employee password, and your social security number as proof. Also, if you have any documents with a big red “confidential” stamped on it, make a pdf copy for us too.
Right? Half this thread is going "durrr Amazon". Amazon fucking uses both UPS and Fedex you dumb mouthbreathers lmao
Amazon has been building their own shipping and logistics for years. in 2018 Amazon delivered 0.75 billion packages in 2023 - 4.75 billion
I haven't received an Amazon package delivered by them for months, everything comes in Amazon vans now
Amazon has increased its own shipping. Hurr Durr.
Local UPS hub near me turned in half the rental tractors they got for peak 3 weeks early and they're starting to drop the box trucks. Not great.
The thing I’m noticing is that all my packages arrived quickly and on-time. Didn’t matter if they shipped Amazon, UPS, USPS, or FedEx. My experience is that getting packages is usually a shitshow this time of year.
Yeah. Our center was basically dead. My route wasn’t cut (I run a 200 mile one way route to a satellite building way up in the Shasta mountains) but lots of other routes were
I think everyone has been conditioned to order/ship things right after Thanksgiving if not earlier if they want to have a prayer of getting it delivered before Christmas, it wouldn't surprise me if that would shift peak shipping demand earlier and create a deficit now
The problem is there’s very rarely ever been a time where UPS wasn’t SLAMMED every single day until Christmas Eve, even before the internet. So this is significant. Every driver should’ve worked close to a full 14 hour shift today.
Puts on fedex it is
Already on it targeting 230 by 1/5
Puts would have been useful last Monday pal
They are most definitely spending
A lot, if not most, of the gifts I bought this year were acts of service or experiences. You don’t ship concert tickets and painting class through the mail.
Put me on your list next year? I haven’t had an “act of service” in so long.
We’ve been over this, when you can get hard again we’ll give it a shot but the crying has to stop.
The post to username absolutely killed me.
I work at a dealership the sales people have barely sold anything this month
Lyft and Uber are taking hits, at least the drivers are. Barely any rides, surges, bonuses or tips for the past three weeks.
FedEx increased their infrastructure the past 5 years so no one building ever has to feel the wrath of a 2018 peak season ever again. Volume was up above forecast the last 3 weeks of peak for the company, and margins increased 17% YoY even though total revenue was down. Express branch is completely fucking the company as the ground network becomes almost just as efficient. Customers don't need 24 hour delivery; but they demand predictability and reliability. On time service for fedex was up 2% points YoY at 98% this peak season. We are surely not in a recession based on fedex data lol. Fedex is, however, a bellwether and if volume were dropping it would indicate macro trends. Too much volatility in transportation sector to put that claim out there though, both for the primary reason I posted and from the company drastically changing its M-O in how it ships (Express being injected into Ground network and switching from B2B to B2C). Next question.
One guy who knows what he's talking about in the whole thread xD
Amazon, USPS, UPS are eating their market share. I haven't had anything delivered from Fedex in a year.
Again, a false statement. Fedex is largely a B2B company, and has one very important partner that helps them compete with Amazon directly (even though both are now shipping companies, this is important). UPS strike resulted in millions of packages flooding FedEx with the stipulation of being held for a year or more. Here is a source for my claim: https://finance.yahoo.com/news/fedex-says-volume-diverted-ups-220342498.html#:~:text=FedEx%20Corp.%20said%20that%20it,UPS%20and%20the%20Teamsters%20union. Last mile may not result in a FedEx truck at your doorstep (arguably a positive lol), but how do you think that package got into the delivery driver's van?
Lol. All these people want a recession so bad as if we haven't been going through one the last 3 years.
And when was it *supposed* to arrive? After this long, I’d call customer service.
Amazon took their business.
FedEx dropped Amazon a couple years ago. It’s not the Amazon volume they’ve lost as that had already happened. I work for UPS and we were slow as all hell too, and it wasn’t because of Amazon volume.
I am seeing the same thing. I work for the biggest dildo producer in the country. Our Blackzilla XXL 4000 was sold out right after Thanksgiving and now we have no orders, we even have to offer discounts.
Dildos ( or just sex toys): an underrated economic bellwether.
Fedex sucks
UPS driver here. Can confirm. Funny thing is, we are told our volume is down because FEd Ex poached it during our co tract talks. Haha. We know it’s the economy.
UPS rig driver here. Our entire region and center has lowest volume it’s ever seen in the living memories of 30-40 year veteran drivers
Greatly appreciate the insight!
I follow the GCX and I am seeing a recession nearing. The garbage can indicator shows all that you need to see. All lids were fully closed in the neighborhood, even of large families, with no spillage.
I would love if there was an actually tonnage monitor on trash, that would be an excellent indicator.
A simple but effective method.
I have never delivered more packages this year at USPS.
I did hear of some 20 year USPS veterans walking off the job after thanksgiving due to being exhausted in our area of north ga
Anyone who TYPES like THIS automatically loses any credibility with ME.
It’s partially lower online spending, more people are doing experiences and brick and mortar stores lately.
Maybe FedEx and UPS could stop increasing their rates and then people would stop buying off Amazon.
UPS/FedEx rates have very little to do with Amazons order volume. At UPS Amazon is still one of the biggest customers, especially for air shipments. I still have no idea how amazon turns a profit with all the 50+lb next day air shipments they send of crap like dog food and bottled water. I recently delivered an order of almost 200lb of dumbells that Amazon next day aired to a customer. Had to have been easily over $1000 for them to ship.
The recession fetish is weird and dumb.
It's the speculators' coping mechanism for once again failing to buy in at the bottom.
Yes and no. Does fedex suck? Absolutely and probably people moving on from their services. However people still bought from another supplier likely using another shipper (aka Amzn)
Is it possible that FedEx is not a preferred consumer delivery service any longer? Businesses use FedEx and may be global luxury brands, but most everyone else is using UPS or U.S. mail because it is so much cheaper. Then there’s the Amazon factor with the free Prime, it’s just cheaper to shop at Amazon.
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Didn’t Amazon report a record prime day?
amazon and whoever tf ships for temu and tik tik ship has their business
People are doing more shopping in person this year since pandemic is over
Yes FedEx sucks, but…I work in shipping for a class 1 railroad. Peak season for us is Thanksgiving to Xmas. It has been slow this year, slowest I’ve seen it, and I’ve been here for 20 years. Call it anecdotal if you want, it is just my take. We are usually much busier with shipping containers including FedEx, UPS, and Even Amazon. Still noticeably light this year.
I work for a billion dollar shoes retailer. We just had the best peak /holiday period for the past 2 years
Go look at ups over 80% of drivers got there hours cut and some even got sent home for lower volume than expected. Next year is going to fuck alot of people
I used to buy online but now I prefer to go to the mall and buy what I want. That could also explain it?
I’ve pretty much stopped having stuff shipped in. I just do curbside now and I can have my stuff the same day and then I don’t have a damn box I have to get rid.
Let me just put my faith in the fedex delivery drivers opinion about the economy instead of the data
I think that’s just a “fedex” is dying indicator.
Yes. Similarly when I looked in my change drawer this morning, there were mostly pennies and dimes. Last year, there were WAY more quarters. You don't need a business degree in Macroeconomics to know what this will mean to the rust belt when school's out.
Puts on FedEx?
Puts on fedex
Yeah, not sure why this is news at all. As someone who has worked in and with doing shipping for years this literally happens every year. It is the after Christmas lull, it literally started a week or two ago for anyone doing shipping. Pretty much at this point nothing you order will be there before Christmas so nobody is ordering presents, if they need something they are going to the local stores. On top of that peoples new years resolutions to spend less, eat healthier, etc typically also reduce the need for shipping because people will just flat out buy less over the next two months. Literally The end of December and January are always the slowest shipping months and by a significant margin. You can expect sales to drop a good 25-70% depending on what your selling. You actually tend to see some really big sales because they are trying do what they can to make numbers. It doesn't really pick back up until February and March.
Haha fucking stop it. It's like people are begging for one. This page is the second worst, behind Collapse Hahaha go outside and chill donks
Maybe everyone uses amazon
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