That's approx $4Mil extra a year from that rise alone. As it was, the fuel surcharge virtually covered REX's total yearly fuel bill! Now they are in the dark territory of trying to maintain profits by whatever means possible, fair or foul. As REX's business shrinks (and remember the cheif of staff has publicly commented that this will be the action taken as opposed to retention), it will be much more difficult to hide behind such immoral behaviour. Also something they hadn't reckoned on was the "purchase" of the Cadet program. No longer in the hands of the lowest bidders, the sales pitch given to the board must now be looking a little thin.
As I've said in a previous post, It'll be interesting to see what creative scenerios the management (and I use that term loosely) of REX come up with, as the business, and services grow smaller as the year wears on?
Last edited by KRUSTY 34; 11th May 2008 at 02:09.