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record profits
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<blockquote data-quote="beentheredonethat" data-source="post: 831618" data-attributes="member: 4886"><p>I'll admit, the profit does sound large, but as another poster wrote, it's not a record. Also, we still only make slightly more then $.11 on each dollar of income. That is better then we've done for a few years. But that isn't all that much, compared to other companies. The majority of the cost for UPS is in paying for fuel, driver salary, benefits. Our driver income is way way higher then FDX ground (or air). The UPS drivers make industry leading pay, with industry leading benefits. In the last 15 years or so, UPS has cut about 50 domestic districts, about 6 domestic regions, Consolidated many divisions and Pkg ctrs. While at same time mgmt is paying a good portion of the health plan and we are no longer industry leading in pay structure. If UPS didn't force production, we would quickly start losing money. Just think, if we add 1 route for every 10 out there, and kept the driver paid day similar (less spc, less sporh). That 11% profit would almost completely disappear.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 831618, member: 4886"] I'll admit, the profit does sound large, but as another poster wrote, it's not a record. Also, we still only make slightly more then $.11 on each dollar of income. That is better then we've done for a few years. But that isn't all that much, compared to other companies. The majority of the cost for UPS is in paying for fuel, driver salary, benefits. Our driver income is way way higher then FDX ground (or air). The UPS drivers make industry leading pay, with industry leading benefits. In the last 15 years or so, UPS has cut about 50 domestic districts, about 6 domestic regions, Consolidated many divisions and Pkg ctrs. While at same time mgmt is paying a good portion of the health plan and we are no longer industry leading in pay structure. If UPS didn't force production, we would quickly start losing money. Just think, if we add 1 route for every 10 out there, and kept the driver paid day similar (less spc, less sporh). That 11% profit would almost completely disappear. [/QUOTE]
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