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Remember when DHL going bust was going to save UPS???
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<blockquote data-quote="dannyboy" data-source="post: 512758" data-attributes="member: 484"><p><strong>First off, your whole question is based on a false premise. That of UPS having to have that extra volume to survive. </strong></p><p> </p><p><strong>First, that shows your grand ignorance of how UPS has structured itself to overcome and protect itself from this downturn in the economy. UPS does not have to have that extra volume to survive. Yes, it helps that we got a good share of it. But for the most part, DHL priced itself so low that it could not make a profit, so that bottom feeding pricing UPS does not want in the first place.</strong></p><p> </p><p><strong>For instance, $4.50 NDA letter domestically. Sorry, we pay our employees too much to be able to make anything in that market. And of course, supplying that to the market is what drove them under.</strong></p><p> </p><p><strong>Secondly, in the delivery sector, UPS's credit rating is far superior to that of closest rival FDX. That was shown when both companies issued bonds, and FDX had to pay more than 2 points more than UPS did for the bonds. So, if anyone actually had to have that volume to survive, it was some of the other companies that compete with UPS.</strong></p><p> </p><p><strong>So thank you for trying to put a spin on your reality, but it does not fly.</strong></p><p> </p><p><strong>d</strong></p></blockquote><p></p>
[QUOTE="dannyboy, post: 512758, member: 484"] [B]First off, your whole question is based on a false premise. That of UPS having to have that extra volume to survive. [/B] [B]First, that shows your grand ignorance of how UPS has structured itself to overcome and protect itself from this downturn in the economy. UPS does not have to have that extra volume to survive. Yes, it helps that we got a good share of it. But for the most part, DHL priced itself so low that it could not make a profit, so that bottom feeding pricing UPS does not want in the first place.[/B] [B]For instance, $4.50 NDA letter domestically. Sorry, we pay our employees too much to be able to make anything in that market. And of course, supplying that to the market is what drove them under.[/B] [B]Secondly, in the delivery sector, UPS's credit rating is far superior to that of closest rival FDX. That was shown when both companies issued bonds, and FDX had to pay more than 2 points more than UPS did for the bonds. So, if anyone actually had to have that volume to survive, it was some of the other companies that compete with UPS.[/B] [B]So thank you for trying to put a spin on your reality, but it does not fly.[/B] [B]d[/B] [/QUOTE]
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Remember when DHL going bust was going to save UPS???
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