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^ Top   #1   08.20.2008

Cybergal Trucker Forum STAFF   Member Since: Jan 2006 Location: USA Trucker? Trucking Industry Posts: 20,141 My Trucking Photos: 27 Thanks: 1,257 Thanked: 949 Times My Truckers Blog : 13

FedEx Loses Investors as Courts Upend Founder's Model (Update1) FedEx Loses Investors as Courts Upend Founder's Model Quote: 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 __________________ The Truckers Report Merchandise

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^ Top   #2   08.20.2008

Lilbit Trucker Forum STAFF   Last Seen: 7 Hours Ago 09.23 PM Member Since: Aug 2008 Location: Madison, WI Trucker? EX-8 Years Age: 41 Posts: 3,656 My Trucking Photos: 0 Thanks: 570 Thanked: 748 Times My Truckers Blog : 5

Looks like FedEx could be in a world of hurt! __________________ I didn't say it was your fault, I said I was going to blame you. Dynamite comes in small packages, Nitro comes in smaller ones, take your pick!

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