Business Wars FedEx vs UPS | On the Line | 5
Aug 31, 2020
In a fierce battle for dominance, FedEx risks big on China as UPS expands into Europe. Struggling with labor disputes, UPS faces a major crisis as drivers demand better conditions. Meanwhile, the rise of e-commerce reshapes both companies, forcing FedEx and UPS to adapt to new consumer demands. The 1997 UPS strike changes the game, creating openings for FedEx to gain ground. This rivalry brings suspense and strategic maneuvering, showcasing how two giants navigate a rapidly evolving market.
AI Snips
Chapters
Books
Transcript
Episode notes
FedEx's Big Bet on China
- In 1988, FedEx CEO Fred Smith was furious about UPS's international expansion.
- FedEx then acquired Flying Tiger Line for $900 million, gaining access to Asian markets, especially China.
UPS and the Teamsters
- UPS faced internal disputes with the Teamsters union led by Ron Carey.
- Carey advocated for better wages and working conditions for drivers.
The Injury of Henry Gallet
- UPS driver Henry Gallet suffered a back injury due to increased package weight limits.
- This incident, along with others, highlighted worker safety concerns at UPS and was covered by major news outlets.
