To celebrate the Christmas season, E.O. Woods Intermediate School, a Texas “Exemplary” campus, participates in the Annual Reindeer Games. Included in the festivities is a door-decorating contest. Connie Pritchett, a former FedEx Express courier, chose “Santa Baby Do You Need Some Help?” as her theme for this year's contest.
Today FedEx announced earnings for the second quarter of our fiscal year 2009. As you can see from that announcement, we face serious economic challenges and must take immediate steps to minimize job losses and protect the long-term financial health of our company. We are doing exactly that with several significant actions that impact all of us:
At FedEx we pride yourself on both planning and execution. Since we operate in a worldwide arena, everyday we are forced to operate in some type of contingency situation. As a result, redundancy is a key to our success.
Let me give you some examples:
During the holiday season I often hear stories about outstanding efforts our employees make on behalf of customers. When recognized for their effort, most say “I was just doing my job.” That reaction is understandable because a commitment to going above and beyond for our customers is simply what we do. What is not required or expected, but evident every day, are the numerous ways employees reach out to help one another as well as strangers.
It's peak season here at the MEM World HUB which means we will be running at or near capacity. Capacity for us at the MEM HUB can be defined two ways. One is the number of boxes we can sort per hour and the other is the number of documents we can sort per hour.
We can sort about 325,000 documents (Overnight Letters, Courier Paks) per hour and tonight we will sort close to 900,000 pieces. For boxes, our capacity is 160,000 boxes per hour and tonight our plan is to sort 600,000 boxes. The volume then determines the length of the sort window.
