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UPS Partners
MIP GUESS? Q3 Update?
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<blockquote data-quote="jeepguy63" data-source="post: 3800143" data-attributes="member: 4863"><p>Since this is the partner’s forum- what are the guesses for the MIP update?</p><p></p><p>Outside of service, we should be at or above target on all of the elements. </p><p></p><p>My prediction: While wringing his hands, CFO will say a range of 80-100 - but it depends on peak season execution. </p><p></p><p>My prediction for peak season execution: Same as the last several years. Flood the system with over capacity volume at prices lower than other business would charge and in January wonder why we don’t make profit. MIP ends up being the slush fund that gets raided to plug Wall Street’s minimally acceptable profit range. </p><p>Based on the comments and guidance from the Q3 release, profits will go up 15% in Q4 vs last year. Question - how? Without the change in corporate tax rates, last Quarter was negative vs last year. </p><p></p><p>Amazing how Uber, Ticketmaster, and most other businesses understand pricing and capacity, but UPS continues to give away its capacity and service during peak.</p></blockquote><p></p>
[QUOTE="jeepguy63, post: 3800143, member: 4863"] Since this is the partner’s forum- what are the guesses for the MIP update? Outside of service, we should be at or above target on all of the elements. My prediction: While wringing his hands, CFO will say a range of 80-100 - but it depends on peak season execution. My prediction for peak season execution: Same as the last several years. Flood the system with over capacity volume at prices lower than other business would charge and in January wonder why we don’t make profit. MIP ends up being the slush fund that gets raided to plug Wall Street’s minimally acceptable profit range. Based on the comments and guidance from the Q3 release, profits will go up 15% in Q4 vs last year. Question - how? Without the change in corporate tax rates, last Quarter was negative vs last year. Amazing how Uber, Ticketmaster, and most other businesses understand pricing and capacity, but UPS continues to give away its capacity and service during peak. [/QUOTE]
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MIP GUESS? Q3 Update?
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