Transportation / Logistics Industry Consulting

Diversion of parcel volume from UPS due to prospect of work stoppage by Teamsters on Aug 1, 2023 PUBLISHED SOURCE July 31, 2023 Freightwaves SJ estimated diversion from Teamsters strike related threat was 5% of ADV of 18.67 million or 933,500 Freightwaves

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INDUSTRY INTRODUCTION August 8, 2023 UPS Q2, 2023 earnings release

UPS announced that Teamsters strike threat contributed to diversion of 932,000 ADV during Q2 of 2023. (see UPS earnings call transcript/presentation)

SJC FORESIGHT: 1 Week

FedEx Express and Ground parcel networks integration will reduce costs by more than $3.33 billion per year (based on FY 2020 financials) PUBLISHED SOURCE April/June 2019 JOC "Time for FedEx to operate and compete collectively" -Journal of Commerce

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INDUSTRY INTRODUCTION April 5, 2023 FedEx Announces planned consolidation of operating companies

Thru Drive, FDX expects to generate $4 billion of permanent cost reductions in FY 2025. (see press release below)

SJC FORESIGHT: 4 Years

Brick and Mortar Retailers should include local stores to fulfill Online orders for same-day / next-day delivery PUBLISHED SOURCE March 2000 ShipEgis Prospectus Brick and Mortar retailers can offer same/next day delivery for online orders if fulfilled from local stores

INDUSTRY INTRODUCTION December 9, 2022 More Stores Are Doing Fulfillment for Orders Consumers Place Online, WSJ article

Ulta Beauty, Macys, Tillys, Best Buy, Nordstrom are now embracing fulfillment from local brick and mortar stores for faster delivery by being closer to the consumers

SJC FORESIGHT: 22 Years

It’s (4th Open Letter to Teamsters, dated July 19,2023) a provocative article and I actually wish the number of things necessary to come together WOULD in fact come together this time. Satish, I admire your independence and willingness to take on and intelligently prod groups like this.

John Q. Anderson, Operating Partner, Greenbriar Equity Group, L.P.

Strategic Solutions in the Transportation & Logistics Industry

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Yellow’s collapse already pushing LTL rates higher as capacity tightens

Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending

Parcel market dilemma: Excess capacity with stagnant demand

Dear Teamsters: A strike could make UPS union-free

Consultant: Strike could cost UPS 30% of diverted volume

It’s (4th Open Letter to Teamsters, dated July 19,2023) a provocative article and I actually wish the number of things necessary to come together WOULD in fact come together this time. Satish, I admire your independence and willingness to take on and intelligently prod groups like this.