Saturday, May 18, 2013
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Feb 092009
I had the good fortune to live and work in China about 10 years ago. It was (and is) one of the most challenging and dynamic countries in the world -- and I have worked in quite a few countries in my 34 years with FedEx! Much has changed in China over the years, but our commitment to China never has. The newly opened Asia Pacific hub in Guangzhou, China is the latest milestone for FedEx -- it is now our largest hub outside of the U.S.Comments (5) -
Jan 302009Every year, leaders from industry, government and civil society meet in Davos, Switzerland for the World Economic Forum’s annual meeting. This year’s meeting was held from January 29 through February 1 with a central theme, “Shaping the Post-Crisis World.” The objective was to ensure that we look at the world in a holistic, systemic way going forward.
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Jan 142009As the Year of the Ox is about to begin (January 26), I hope the anxiety and fear from the Year of the Rat will give way and in its place confidence will re-emerge. In our complex economic world, theories were tested; experiments were made. Some of them failed; some were derailed; some still look for validation. We are traveling in uncharted waters as the magnitude of deleveraging is unprecedented. To avoid an outright liquidity trap now and to protect the economy’s long-term growth viability after a huge run-up in public debt, a new course has to be mapped based on integrated political
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Dec 222008It’s unfortunate that the United States, which has led the capitalistic world for so long, is woefully uncompetitive in the area of corporate tax policy. We have the second highest corporate tax rate among all Organization for Economic and Cooperative Development (OECD) countries and many other tax policies that simply make it difficult for U.S. companies to compete with those outside the U.S. Is this important to you? You bet — studies, such as one done by William C.
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Dec 192008
A story about FedEx Office was just published in BusinessWeek. I appreciate the interest in our company. We have a great story to tell when you consider the way we have evolved from Kinko's Copies into FedEx Office over the past 38 years to reflect and meet changes in customer needs and expectations and evolution of technology. -
Dec 162008There has been a lot of discussion in the media about Ponzi schemes. In fact, some economists have been debating whether we were facing a system-wide Ponzi scheme as financial imbalances that rely on new investors (including those overseas) could not last forever. A scheme needs a schemer, but this, of course, is not the case for the financial system at a macro level. If we look at practices at a micro level, including the situation in the housing market, fraudulent practices and schemers did exist.
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Dec 122008If you’re like me, you have a long shopping list this holiday season. But have you ever stopped to think where the products you purchase come from? Chances are, those flowers you ordered online came from flower farms in Latin America. The hand-crafted bracelet you bought in a department store could have come from Bali or even India. This is not just a sign of the times. Over the past three centuries, the levels of access people have had to goods, services and even each other has risen dramatically.
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Dec 122008One of my responsibilities at FedEx is to communicate to the world about FedEx Ground news and achievements, and when we decided to focus part of our blog on “Economics & Access”, I decided to use this forum to share some of the details of our nationwide expansion that is creating jobs and opportunities in communities across the country despite highly volatile and challenging economic conditions.
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Dec 092008Gen-Y is a generation that has never been without today’s level of access to goods, information and even their friends with new social media. But the journey is never-ending. Where do these new consumers of Access see it taking us next? For the past three years, FedEx has been talking about Access to influencers, customers, employees and other key audiences. Now we want to hear back from this Access Generation.
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Dec 032008There’s been lots of discussion recently about energy reform and America’s need to reduce its dependence on foreign oil. Given the gravity of this issue, I truly believe the outcome of this national conversation will be a defining moment in American history. To me, the solution to U.S. energy independence consists of three fundamental pillars.
