UpstateNYUPSer(Ret)
Well-Known Member
Google "signing bonus".
Contract talks
- Thread starter ups clerk
- Start date
Google "signing bonus".
Re-Raise
Well-Known Member
Re-Raise
Well-Known Member
Bankruptcy ???? Really. I re -read the earnings report and strangely mixed between the increased dividend and the 2.7 billion to buy back stock I saw no mention of the word bankruptcy.
Catatonic
Nine Lives
The profit on ground packages is approaching "zero" ... once you consider the infrastructure investments and maintenance to support Ground.
brownmonster
Man of Great Wisdom
Hard to believe when we make a profit on a 20 dollar Next Day Air but the 60 pound ground I picked up yesterday was 47 dollars and that we don't make money on?
Catatonic
Nine Lives
You cherry picked. If all Ground was 60 pounds it would be a different story. The old sales adage - "heavier, larger, longer" - these increase revenue and profitability.
The average revenue on a ground package is less than $10.
Bubblehead
My Senior Picture
That's because the majority of small packages now go to the post office.
Bubblehead
My Senior Picture
One time invetsments like Telematics and keyless vehicles???
Investments made conveniently in advance of contract negotiations to falsely create this illusion of "approaching zero".
Had we concentrated on retaining the volume we are diverting to the USPS in urban settings, I believe we could have grown our infrastructure in the form of vehicles and staffing and been better prepared to accomidate the ever growing internet sector of home delivery.
Is it not true that each additional package to an individual address becomes exponentually more profitable than the first?
I believe the house that now gets 1 or 2 packages a week will soon get 3 or 4 a day.
Instead we spend on gizmos and trinkets while doing everything possible to avoid hiring.
This company is more focused on satisfying the instant gratification mindset of modern day stock holder than it is to securing a solid stradegy for the future.
CharleyHustle
Well-Known Member
Not at all. I purposely gave 3 examples, one of which is never unionized, one which you could have companies with union and companies with non-union employees and the last where virtually every one is unionized. It could be argued that the totally unionized work force may have the greatest disparity in compensation.
kingOFchester
Well-Known Member
Very well could, but I doubt it.
UpstateNYUPSer(Ret)
Well-Known Member
Our supplement already has language in place in the event UPS decides to start delivering ground on Saturday. It should come as no surprise that UPS would like to use Telematics for discipline.
Scoot
Well-Known Member
That part was no surprise. The weekends part was. What does our language say about it?
kingOFchester
Well-Known Member
And what is that language?
I agree UPS would love to use telematics.....just don't see the union allowing it. Then again......
Catatonic
Nine Lives
I have a suggestion ... don't take investment advice form this steward.
Scoot
Well-Known Member
He was regurgitating what he had heard from our business agent.
Re-Raise
Well-Known Member
What is it you are trying to say here?
Do you guys in the office think that all those packages out there that we are delivering are just a distraction from all the money you are making for the company.
Did I miss something? Do we sell hotdogs now?
None of the other branches of UPS would exist without being piggy backed on the UPS ground system. Air packages wouldn't be as profitable if the driver weren't already there delivering ground packages.
Nobody would contact UPS logistics to streamline their shipping of Fed Ex packages.
If we weren 't the industry leader in parcel delivery none of the other branches would exist.
