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  1. #1
    Steward

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    Default FedEx-must-brace-cuts-defense?

    FedEx must brace for cuts in defense | The Tennessean | tennessean.com

    Amazing Uncle Freddy collects 1.1 billion from uncle Sam.
    It's Tax payers money, on top of this, he demands a tax reform for the rich and last lets the middle class and poor pay more...

  2. #2
    I Am Rocking Now

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    Default Re: FedEx-must-brace-cuts-defense?

    They may actually have to compete against UPS finally?, The company who's strike put them on the map?

    An interesting fact to me would be how much of their income is defense contracts, not just the 60% reduction.

  3. #3
    Scab Hating Union Thug

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    Default Re: FedEx-must-brace-cuts-defense?

    Quote Originally Posted by Pullin3 View Post
    They may actually have to compete against UPS finally?, The company who's strike put them on the map?

    An interesting fact to me would be how much of their income is defense contracts, not just the 60% reduction.
    This is some older data provided by a friend. They receive a healthy chunk from the government. UPS also has a contract with them but not to the same degree.

    Federal Express Charter Programs Team Arrangement of Memphis, Tenn., is being awarded an estimated $1,510,516,838 firm fixed-price contract for international airlift services with a minimum guarantee of $222,565,273. Team members include: Air Transport International LLC of Little Rock, Ark., Atlas Air, Inc. of Purchase, N.Y., Continental Airlines, Inc., of Houston, Texas, Federal Express Corporation of Memphis, Tenn., Omni Air International, Inc. of Tulsa, Okla., and Polar Air Cargo Worldwide, Inc., of Purchase, N.Y. Work will be performed at worldwide locations, and is expected to be completed September 2010. Contract funds will expire at the end of the current fiscal year. Electronic proposals were solicited and 30 proposals received. The contracting activity is USTRANSCOM, Directorate of Acquisition, Scott Air Force Base, Ill. (HTC711-09-D-5005).
    The UPS Contractor Team of Louisville, Ky., is being awarded an estimated $331,662,972.56 firm fixed-price contract for International Airlift Services with a minimum guarantee of $74,394,266.69. Team members include: ABX Air, Inc., of Wilmington, Ohio, Alaska Airlines, Inc., of Seattle, Wash., Kalitta Air LLC of Ypsilanti Mich., National Air Cargo Group, Inc, dba National Airlines, of Ypsilanti, Mich., Northern Air Cargo of Anchorage, Alaska, Ryan International Airlines, Inc., of Rockford Ill., Southern Air, Inc. of Norwalk, Conn., and United Parcel Service Company of Louisville, Ky. Work will be performed at worldwide locations, and is expected to be completed September 2010. Contract funds will expire at the end of the current fiscal year. Electronic proposals were solicited and 30 proposals received. The contracting activity is USTRANSCOM, Directorate of Acquisition, Scott Air Force Base, Ill. (HTC711-09-D-5006).
    GovPartners Government Contracting News

 

 

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