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> To the point where UPS or FedEX rates start looking attractive for normal letter mail? > but the reality is USPS is, has been, and will be insanely inefficie
by smileysteve 6y ago
> To the point where UPS or FedEX rates start looking attractive for normal letter mail?
> but the reality is USPS is, has been, and will be insanely inefficient for decades
Because you mention them and efficiency, here's a reminder that FedEx had horrible guidance in September 2019 (YoY from 2018 lowered guidance) leading some analysts to speculate towards bankruptcy; had deliverability reliability issues such that Amazon cut deliveries with them.
https://www.fool.com/investing/2019/09/26/is-there-hope-for-fedex-after-its-dismal-earnings.aspx https://www.fool.com/investing/2019/09/26/is-there-hope-for-...
https://investorplace.com/2018/12/fedex-reported-earnings-and-there-are-serious-problems/ https://investorplace.com/2018/12/fedex-reported-earnings-an...
https://www.forbes.com/sites/richardkestenbaum/2019/12/18/amazon-blocked-sellers-from-using-fedex-and-now-we-know-why/#6b873e822da1 https://www.forbes.com/sites/richardkestenbaum/2019/12/18/am...
And Fedex is struggling while it's workforce is free of pension and healthcare costs for their mostly contracted workforce; which has been ruled a mis-classification of workers
https://www.reuters.com/article/us-fedex-settlement-idUSKCN0Z229Q https://www.reuters.com/article/us-fedex-settlement-idUSKCN0...