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C'mon Wall St. Give UPS some love
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<blockquote data-quote="klein" data-source="post: 623312" data-attributes="member: 23950"><p>You don't get it , here is another better example :</p><p> </p><p>You send a package to Canada, eventually a cdn driver will deliver it... but now the cost went up... because that package was paid in US dollars.</p><p>Same worldwide.</p><p> </p><p>All these drivers are earning more in US dollars...</p><p>Say, Phillipines for example, last yr they worked for $12 a day, now it's with exchange rate $20 a day.</p><p>The package that came from the US, now costs more ....(either raise rates or profits are lower).</p></blockquote><p></p>
[QUOTE="klein, post: 623312, member: 23950"] You don't get it , here is another better example : You send a package to Canada, eventually a cdn driver will deliver it... but now the cost went up... because that package was paid in US dollars. Same worldwide. All these drivers are earning more in US dollars... Say, Phillipines for example, last yr they worked for $12 a day, now it's with exchange rate $20 a day. The package that came from the US, now costs more ....(either raise rates or profits are lower). [/QUOTE]
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