Quote:
Originally Posted by Rex Phinney
Fedex has pulled all current year guidance and emphatically said that global shipping demand is falling rapidly.
Inflation will still be a problem 365 days from now. It's entrenched in wages, raising prices has become a fix all for businesses small and large.
Big business is responsible for a record level of commerce in this country, and big business will continue to raise prices to hit their numbers. Thus the only stop to the cycle is something that looks like economic ruins, nothing short of that will stop businesses from raising prices.
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Competition from UPS & USPS should keep prices from sky rocketing
Plus holiday season is always profitable for all logistic companies...
Let the games begin or is it gains
