Was the company still profitable on Friday?

Discussion in 'UPS Discussions' started by Tough Guy, Nov 30, 2014.

  1. Tough Guy

    Tough Guy Active Member

    They didn't run quite every trip in our center. Damn near most though. I have to imagine we took them to the cleaners. I don't know how it was nationwide, but the volume per car fluctuated a lot for us. The fewest stops I saw was around 120, and the most I knew of was 208. ( could've been someone with more for all I know)
     
  2. chris9834

    chris9834 Member

    In my center me and a couple others had 2 drivers to a car and we were trying are hardest to get them hours lol. It will be all smiles until uncle sam bends us over on are with holds but it was cool making 90 a hr for the 1st 8 then double over time. If anything they broke even on my route I didnt pick up but 10% of my usual pickup volume.
     
  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    BUG said that the company expected to pay some $130M just in overtime for Friday.

    Adjusting your W-4 earlier this week would have lessened the tax hit.
     
  4. Wally

    Wally Hailing from Parts Unknown.

    How does Uncle Sam bend you over? Most of us, I would guess would be in the 25% or 28% tax bracket. Is your family income over $208K?
     
  5. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    He is talking short term and, yes, anyone who did not take the time to adjust their W-4 and/or 401K will get hosed on taxes. They will get most of it back when they file.
     
  6. upschuck

    upschuck Avatar bet gone wrong

    More work than I'm willing to do for 50¢.
     
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  7. Indecisi0n

    Indecisi0n Well-Known Member

    The drivers were.
     
  8. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    If UPS thought they would lose money. They would not have done it. When we go to work Monday, especially Tuesday. It will look like we never touched a box on Friday. I still think it was a waste of my day.
     
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  9. olroadbeech

    olroadbeech Happy Verified UPSer

    respectfully disagree. it doesn't matter if we made or lost money on Friday. we serviced the customer and that is what mattered to our customers.
     
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  10. joeboodog

    joeboodog good people drink good beer

    Proves my point. It was just a PR move. On Monday my residential may be lighter but I am going to get a double blast of businesses. Starting Tuesday, I will be crushed.
     
  11. clean hairy

    clean hairy Well-Known Member

    Just taking Friday by itself, don't see how they made a profit.
    For that one day, they paid crazy mad $$ for the same amount of work to get done.
     
  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    In years past it was only air products that were delivered and operating costs were much lower. This year it was a regular day and, due to contractual language, operating costs were much, much higher ($130M just in overtime). Did we lose money? Short term--yes. Long term---working Black Friday clearly showed our willingness to do what it takes to get the job done.
     
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  13. clean hairy

    clean hairy Well-Known Member

    True, Upstate.
    Just realized this:
    The Company can no longer affor to give us a $6 Turkey anymore, but they can give us Monster Bux the day after Thanksgiving!
    Hmmm....
     
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  14. Some of that overtime,would have been paid out on Monday anyways. The few locals that worked for straight time, UPS is ahead of the game!
     
  15. olroadbeech

    olroadbeech Happy Verified UPSer

    whats wrong with good PR? it benefits us all.
     
  16. joeboodog

    joeboodog good people drink good beer

    Nothing wrong with PR. But they took time I could have spent with my family. What angered me was not being able to choose to work that day. In the past I would volunteer but as I get older my body would like some additional time to heal from the beatings this job lashes out.
     
  17. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    It was never about the money.
     
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  18. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    If it doesn't matter! Why do they point out if your paid over
     
  19. 1989

    1989 Well-Known Member

    At the end of the day/quarter it's always about money.
     
  20. Sleeve_meet_Heart

    Sleeve_meet_Heart making the unreadable unreadabler

    I worked Saturday and am working tonight - honestly, the package cars I saw were already STUFFED ...not sure how preload is going to get all of Sunday/Monday work into them. Good luck :) Going to be a funny stretch