duhduhduh
2021-09-23
Automation to replace Humans
FedEx just painted a disturbing picture of the job market
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
1
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":863315114,"tweetId":"863315114","gmtCreate":1632358288438,"gmtModify":1632800967755,"author":{"id":3548519664875261,"idStr":"3548519664875261","authorId":3548519664875261,"authorIdStr":"3548519664875261","name":"duhduhduh","avatar":"https://static.tigerbbs.com/3d0b0a451777c580da7e35ef36023d93","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":11,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Automation to replace Humans</p></body></html>","htmlText":"<html><head></head><body><p>Automation to replace Humans</p></body></html>","text":"Automation to replace Humans","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/863315114","repostId":2169652287,"repostType":4,"repost":{"id":"2169652287","kind":"news","pubTimestamp":1632357262,"share":"https://www.laohu8.com/m/news/2169652287?lang=&edition=full","pubTime":"2021-09-23 08:34","market":"us","language":"en","title":"FedEx just painted a disturbing picture of the job market","url":"https://stock-news.laohu8.com/highlight/detail?id=2169652287","media":"Yahoo Finance","summary":"Do a read through of the disappointing earnings report out of FedEx on Tuesday night and you get the","content":"<p>Do a read through of the disappointing earnings report out of FedEx on Tuesday night and you get the sense non-farm payrolls reports for the rest of 2021 may surprise economists to the downside.</p>\n<p>The problem (<a href=\"https://laohu8.com/S/AONE.U\">one</a> that may be getting worse, per FedEx)? Finding humans to accept jobs in a very tight labor market even at higher rates than what the specific job would have paid months ago.</p>\n<p>\"The impact of constrained labor markets remains the biggest issue facing our business as with many other companies around the world and was the key driver of our lower than expected results in the first quarter,\" FedEx COO Raj Subramaniam told analysts on an earnings call.</p>\n<p>FedEx (FDX) said its quarterly results were drilled by $450 million due to labor shortages alone, notably at its ground segment. The company estimated a shocking 600,000 packages across the FedEx network are being rerouted because of the inability to find labor.</p>\n<p>Those processing bottlenecks stand to wreak havoc on the holiday season if FedEx is unable to address the worker shortage, which increasingly appears unlikely.</p>\n<p>To illustrate the point on its labor challenges, FedEx shared the current state of play at one of its facilities in Portland, Oregon.</p>\n<p><img src=\"https://static.tigerbbs.com/1363a65a8c320b784c6e00c74d93cdbd\" tg-width=\"5400\" tg-height=\"3600\" referrerpolicy=\"no-referrer\">A FedEx driver delivers a cart of packages, Thursday, May 6, 2021, in New York. FedEx is getting hurt by the tight job market. The package delivery company said Tuesday, Sept. 21 that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased. (AP Photo/Mark Lennihan)ASSOCIATED PRESS</p>\n<p>Explained Subramaniam, \"Our Portland Oregon hub is running with approximately 65% of the staffing needed to handle its normal volume. This staffing shortage has a pronounced impact on the operations, which results in our teams diverting 25% of the volume that would normally flow through this hub because it simply cannot be processed efficiently to meet our service standards. And in this case the volume that diverted must be rerouted and process, which drives inefficiencies in our operations and in turn higher costs. These inefficiencies included adding Incremental linehaul and delivery routes, meaning more miles driven and higher use of third-party transportation to enable us to bypass Portland entirely. Now that's merely one example.\"</p>\n<p>One example, that the Street is clearly concerned about, stands to morph into a litany of examples come the peak holiday-shipping season.</p>\n<p>Shares of FedEx plunged 9% in Wednesday trading as investors digested the lackluster earnings day. Rival UPS also fell 2% in sympathy as traders braced for a similar warning from the company on its upcoming earnings day.</p>\n<p>Not only did FedEx badly whiff on earnings estimates, but it slashed its full fiscal year profit outlook. FedEx now sees full-year earnings of $19.75 to $21 a share compared to $20.50 to $21.50. FedEx also warned that it's seeing a slowdown in e-commerce demand as people return to shopping at physical stores.</p>\n<p>\"While we were calibrated for higher ground expense from labor availability issues, the magnitude and related volume impact was greater than anticipated,\" said KeyBanc analyst Todd Fowler, who kept an Overweight rating (Buy rating equivalent) on FedEx shares.</p>\n<p>The September employment report will be released on Oct. 8. If it disappoints, remember that FedEx telegraphed it in mid-September.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FedEx just painted a disturbing picture of the job market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFedEx just painted a disturbing picture of the job market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 08:34 GMT+8 <a href=https://finance.yahoo.com/news/fed-ex-just-painted-a-disturbing-picture-of-the-job-market-160422695.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Do a read through of the disappointing earnings report out of FedEx on Tuesday night and you get the sense non-farm payrolls reports for the rest of 2021 may surprise economists to the downside.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/fed-ex-just-painted-a-disturbing-picture-of-the-job-market-160422695.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FDX":"联邦快递","UPS":"联合包裹"},"source_url":"https://finance.yahoo.com/news/fed-ex-just-painted-a-disturbing-picture-of-the-job-market-160422695.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2169652287","content_text":"Do a read through of the disappointing earnings report out of FedEx on Tuesday night and you get the sense non-farm payrolls reports for the rest of 2021 may surprise economists to the downside.\nThe problem (one that may be getting worse, per FedEx)? Finding humans to accept jobs in a very tight labor market even at higher rates than what the specific job would have paid months ago.\n\"The impact of constrained labor markets remains the biggest issue facing our business as with many other companies around the world and was the key driver of our lower than expected results in the first quarter,\" FedEx COO Raj Subramaniam told analysts on an earnings call.\nFedEx (FDX) said its quarterly results were drilled by $450 million due to labor shortages alone, notably at its ground segment. The company estimated a shocking 600,000 packages across the FedEx network are being rerouted because of the inability to find labor.\nThose processing bottlenecks stand to wreak havoc on the holiday season if FedEx is unable to address the worker shortage, which increasingly appears unlikely.\nTo illustrate the point on its labor challenges, FedEx shared the current state of play at one of its facilities in Portland, Oregon.\nA FedEx driver delivers a cart of packages, Thursday, May 6, 2021, in New York. FedEx is getting hurt by the tight job market. The package delivery company said Tuesday, Sept. 21 that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased. (AP Photo/Mark Lennihan)ASSOCIATED PRESS\nExplained Subramaniam, \"Our Portland Oregon hub is running with approximately 65% of the staffing needed to handle its normal volume. This staffing shortage has a pronounced impact on the operations, which results in our teams diverting 25% of the volume that would normally flow through this hub because it simply cannot be processed efficiently to meet our service standards. And in this case the volume that diverted must be rerouted and process, which drives inefficiencies in our operations and in turn higher costs. These inefficiencies included adding Incremental linehaul and delivery routes, meaning more miles driven and higher use of third-party transportation to enable us to bypass Portland entirely. Now that's merely one example.\"\nOne example, that the Street is clearly concerned about, stands to morph into a litany of examples come the peak holiday-shipping season.\nShares of FedEx plunged 9% in Wednesday trading as investors digested the lackluster earnings day. Rival UPS also fell 2% in sympathy as traders braced for a similar warning from the company on its upcoming earnings day.\nNot only did FedEx badly whiff on earnings estimates, but it slashed its full fiscal year profit outlook. FedEx now sees full-year earnings of $19.75 to $21 a share compared to $20.50 to $21.50. FedEx also warned that it's seeing a slowdown in e-commerce demand as people return to shopping at physical stores.\n\"While we were calibrated for higher ground expense from labor availability issues, the magnitude and related volume impact was greater than anticipated,\" said KeyBanc analyst Todd Fowler, who kept an Overweight rating (Buy rating equivalent) on FedEx shares.\nThe September employment report will be released on Oct. 8. If it disappoints, remember that FedEx telegraphed it in mid-September.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":25,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/863315114"}
精彩评论