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FedEx Submit Your DAC Report On This Trucking Company.

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Old 08.20.2008
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FedEx Loses Investors as Courts Upend Founder's Model (Update1)

FedEx Loses Investors as Courts Upend Founder's Model
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Aug. 20 (Bloomberg) -- FedEx Corp. tells its ground-service drivers when to work, what to charge customers and what kind of socks and shoes to wear, the workers say. Drivers who sued the company argue that makes them employees.

The trouble is the FedEx CEO isn't getting much support from shareholders. Calculating from five years ago, before its court losses on the drivers' claims, FedEx's total stock return was 25 percent, compared with 11 percent for United Parcel Service Inc.
http://www.bloomberg.com/apps/news?p...6bI&refer=home
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Old 08.20.2008
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Looks like FedEx could be in a world of hurt!
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