Interesting Economic Fact

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Bankermane
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Interesting Economic Fact

Postby Bankermane » Sun Jul 27, 2008 7:37 am

Due to the slowdown in the economy most retailers are showing substantial declines in sales.

Internet retailers like Amazon, etc. are showing increases. Their explanation is that due to

high gas prices, people are ordering from home rather than driving to local shopping centers.

Shipping costs are cheaper than driving to the mall.
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Rice
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Re: Interesting Economic Fact

Postby Rice » Sun Jul 27, 2008 8:59 am

The product is also cheaper I would assume...Its a win win situation...We ordered pizza last night and they said would you like that delivered?? I said how much? They said $1.50!! I said heck ya deliver it :lol:
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Bankermane
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Re: Interesting Economic Fact

Postby Bankermane » Sun Jul 27, 2008 5:16 pm

The downside is UPS etc. prolly going up.
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Rice
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Re: Interesting Economic Fact

Postby Rice » Sun Jul 27, 2008 5:18 pm

ya I think they pay for their own vehicles now days also
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the doctor
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Re: Interesting Economic Fact

Postby the doctor » Sun Jul 27, 2008 5:42 pm

yeah last I remember Fed Ex is in the middle of a spat with the IRS about their drivers...Fed Ex is showing they are contract labor on the corp return

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RedEyed Duck
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Re: Interesting Economic Fact

Postby RedEyed Duck » Sun Jul 27, 2008 6:22 pm

I believe that quite a few of FED EX's drivers are contract labor in the rural areas
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blue31
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Re: Interesting Economic Fact

Postby blue31 » Mon Jul 28, 2008 7:45 am

Fed Ex ground drivers are contracted labor.
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Re: Interesting Economic Fact

Postby Super Black Eagle » Mon Jul 28, 2008 7:53 am

Lots of FedEx's flights are contracted also. Most smaller routes are owned my other companies...Air Contractors, Air Tahoma, Baron Aviation, Services, Empire Airlines, Morningstar Air Express, Mountain Air Cargo, West Air Inc..... etc
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