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UPS Economic cleansing!!
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 434439" data-attributes="member: 12570"><p>We are somewhat isolated from the recession here. We currently have a new Hampton Inn being built, a new Nova Bus assembly plant being built (right next to the UPS building), Target just opened a brand new store and we have a new Kinney's and Walgreens being built across the street from one another. Our local economy is dominated by SUNY Plattsburgh (college) and CVPH (hospital) and the area economy is highly dependant upon the 7 prisons within an hour radius which provide a steady paycheck to their many employees. Layoffs were announced at Wyeth-Ayerst on Friday but they are going through a transition to new owners and production is down.</p><p> </p><p>Volume at our center is down roughly 10% while pickup volume is down 33% from this time a year ago. Stops are about the same but pieces are down. We have used one helper for one day thus far but that should change on Tuesday with volume estimated at 9000.</p><p> </p><p>Danny made an excellent point in his post when he discussed the rate difference between UPS ground hundredweight and FedEx Freight. Loyalty is one thing but making a living is another. I always try to provide my customers with the most cost effective options (within UPS) for their shipments but we are normally not the cheapest. For example, SUNY Bookstore had 50 boxes of text book returns which they were planning on using Roadway. I alerted my BD and he conceded that we (UPS Freight) can't touch their rate.</p><p> </p><p>Red, was the $1.6B gross or net profit?</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 434439, member: 12570"] We are somewhat isolated from the recession here. We currently have a new Hampton Inn being built, a new Nova Bus assembly plant being built (right next to the UPS building), Target just opened a brand new store and we have a new Kinney's and Walgreens being built across the street from one another. Our local economy is dominated by SUNY Plattsburgh (college) and CVPH (hospital) and the area economy is highly dependant upon the 7 prisons within an hour radius which provide a steady paycheck to their many employees. Layoffs were announced at Wyeth-Ayerst on Friday but they are going through a transition to new owners and production is down. Volume at our center is down roughly 10% while pickup volume is down 33% from this time a year ago. Stops are about the same but pieces are down. We have used one helper for one day thus far but that should change on Tuesday with volume estimated at 9000. Danny made an excellent point in his post when he discussed the rate difference between UPS ground hundredweight and FedEx Freight. Loyalty is one thing but making a living is another. I always try to provide my customers with the most cost effective options (within UPS) for their shipments but we are normally not the cheapest. For example, SUNY Bookstore had 50 boxes of text book returns which they were planning on using Roadway. I alerted my BD and he conceded that we (UPS Freight) can't touch their rate. Red, was the $1.6B gross or net profit? [/QUOTE]
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