UPS vs. FedEx

Published: Mon, 15 Dec 2008

Description: Rivarly between shipping giants FedEx & UPS.

Automatically Generated Transcript (may not be 100% accurate)

" All right -- giant that is set to report second quarter earnings for 2009 on Thursday in the downward economy is taking a toll on both the company and its rival in UPS. Now while analysts say FedEx we'll post earnings of a dollar fifty a share the company last month announced an expected its projected earnings for the full fiscal year will actually fall. Another 26 -- cent below the low end of projections of three dollars and 63 cents. The situation is much better for you yes which for the first time since the nineteen -- canceled plans to forecast its peak date for holiday shipping this year. Because the economy is making a prediction too difficult the two rivals have taken different approaches to becoming the shipping titans today. Take a look."

" FedEx and UPS. Have almost."

" FedEx carries more packages by air UPS dominates on the ground UPS is sixty for. Only fedex's 4500 pilots belong to. FedEx uses Independent contractors is drivers. Many UPS drivers are accompanied license with the other methods differ here and -- the same. To dominate this 112. Frederick Smith -- four billion dollar inheritance eight million venture capital and -- education launch federal express in 1971. By the late 1970s America began to rely on -- next minute absolutely positively. Had to happen overnight. The company expanded internationally in the late 1980s and 1994. Launched FedEx dot com allowing customers to track shipments on line. Now that export was established in 2000 which today includes our. -- companies FedEx Express FedEx ground. FedEx freight in 1973. Seattle teenagers started a messenger service called American messenger company. Company changed its name to United Parcel Service in 1919 and soon became the chief competitor the US Postal Service. Responding to FedEx UPS begin offering overnight service in 1981. Four years later it started international air service big brown finally went public. And celebrated its 100 anniversary. In August of 2007. Recently the package delivery battle has extended to the storefront in April -- 2001. UPS get a 185 million dollars for mailboxes et cetera but -- we branded the UPS four and 2003. -- headed by purchasing Kinko's in 2004. -- again FedEx Kinko's and later. FedEx office but these -- shipping giant try to grow their market share in a down economy. Questions we all want to answer this. Who'll deliver the goods."

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credibly similar transparent to the public whether. UPS to 50% unionized and FedEx doesn't mean nothing the fact is the package get there. But both companies are looking to to expand beyond just moving you know moving boxes they're getting the logistics which means. Moving in taking care a whole supply chains for four for entities like department store things like that. That's what the future is gonna be if not going to be hearing overnight package.

you for that there with a closer look at the rivalry between FedEx and UPS is Mike Boyd the president of the aviation consulting firm. Boyd group might good to see you know. Good morning

In both carriers have both Kennedys have tried to match each other FedEx started in the air then went into the ground. UPS started the -- that went into the air but now a major

If -- this area of moving goods and services -- UPS or FedEx people can't break -- appear later at one time he had ABS which is now. Coming down you had DHL which is

So what I'm not really sure what -- does for FedEx it does. Bring FedEx down to the street level if you will. But I I'm I'm wondering whether or not that's going to be a growth

time that credit cards printed Phillips delivered to the customer UPS or FedEx . My handle a whole transaction for the bank. If that sort of thing plus. On a global level you know China will

hit on hard times. Some of that strategies can change for example FedEx is now not an advertiser at the Super Bowl when you look ahead. At the two business models right now what are they need to get right in 2009.

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now you're gonna get the rest of the story this is via FedEx Express all of the outside Chicago you know why it's not busy because they're all out on the street right now -- It back we've got some pictures this morning your cotton up bullets and an early. And watch these trucks take off topic today is that. This is starting to ramp up to be one of the heaviest days for FedEx right now or probably handle about thirteen million packages today as a company. Yet that the trucks came in Baghdad obviously the packages go out in the morning they tell us before the day is over this will be the busiest day of FedEx history. Usually it's about twelve or or last year was about twelve million packages shipped worldwide today thirteen. Thirteen million packages --

media says that guy whose clients something what the deadline. For FedEx ground -- can -- till about all seventeen at the seventeenth of this month. For FedEx Express . For anyone it's procrastinated with their shipping needs we're able to accept packages sent to the point there will be delivered 124.

right yeah good deal Steve appreciate it very much. The FedEx Express love the here outside Chicago Brian they're all out on the street your packages on its way I cannot wait thank you

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with a tough when here. A lot of people aren't happy with FedEx can go they say they go when this service quality is not up to par. That a lot of what can -- used to do is is kind of washed down by the FedEx mix into what have you been having serious conversations with -- all of the FedEx Kinko's stores around to try to get them to get Iraq in order.

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