Wednesday, June 28, 2006

Fedex vs Teamsters

Federal Express (NYSE:FDX) recently posted some impressive gains. But look out! The party may have some unexpected house guests. The teamsters are looking to make a major organizing move within the ground division. Also the US Postal System will start using UPS (NYSE:UPS) aircraft to help deliver some of their volumes. Revenues for UPS and potential rising costs for Fedex