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Operation Aerosmith (Amazon)
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<blockquote data-quote="Scuba Steve" data-source="post: 1898486" data-attributes="member: 51466"><p>Existing liabilities would be pensions. Didn't Teamster pensions just get cut? UPS does not have to pre fund pensions and healthcare. The USPS does have to pre fund pensions and health care of retirees. This is a $9 billion dollar liability for the USPS. </p><p></p><p>Fact is USPS if it wasn't for pensions the USPS would be profitable. It's a fact revenue and operational profit are growing from Small package volume.</p></blockquote><p></p>
[QUOTE="Scuba Steve, post: 1898486, member: 51466"] Existing liabilities would be pensions. Didn't Teamster pensions just get cut? UPS does not have to pre fund pensions and healthcare. The USPS does have to pre fund pensions and health care of retirees. This is a $9 billion dollar liability for the USPS. Fact is USPS if it wasn't for pensions the USPS would be profitable. It's a fact revenue and operational profit are growing from Small package volume. [/QUOTE]
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