Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Coyote Logistics
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Gary Host" data-source="post: 3165437" data-attributes="member: 68859"><p>I've come across some interesting things, lately, while trying figure out how this $2 billion-dollar acquisition has played out.</p><p></p><p>First of all, I've always questioned UPS's lumping of the Freight sector's revenue into the upteen different other services and side-projects. It's very apparent that they're trying to 'hide' Freight's actual numbers (from shareowners). Then, after 'buying out' Coyote Logistics, never really integrates them except financially. They are still like an entirely separate company...but UPS claims the revenue: </p><p><strong></strong></p><p><strong>"Atlanta-based UPS, which folded Coyote into its "Supply Chain and Freight" unit, does not publicly disclose financial results beyond those reported by its three units."</strong> </p><p></p><p>Now, Coyote was pulling in $2 billion/yr at the time of the buy-out, but UPS's entire 'Supply Chain and Freight' unit has posted right around $2 billion the last two years since, while INCLUDING Coyote's numbers...so, something's off.</p><p></p><p>It's acquisition has not added any significant amount of revenue (supposedly), "Coyote has suffered a brain drain in the past few months as employees have defected to rivals" (called it), you union guys are upset, <strong>but UPS Chairman and CEO David P. Abney has expressed satisfaction</strong> with the results of the acquisition...what the hell is there to be happy about, here? In my personal opinion, <strong>he's probably happy about how well these deception and morale declining tactics are popping off</strong>.</p><p></p><p>Everyone knows that <strong>UPS does not want to be in Freight. It's simply in it because it's competitor is. </strong>That makes this acquisition even more unusual.</p></blockquote><p></p>
[QUOTE="Gary Host, post: 3165437, member: 68859"] I've come across some interesting things, lately, while trying figure out how this $2 billion-dollar acquisition has played out. First of all, I've always questioned UPS's lumping of the Freight sector's revenue into the upteen different other services and side-projects. It's very apparent that they're trying to 'hide' Freight's actual numbers (from shareowners). Then, after 'buying out' Coyote Logistics, never really integrates them except financially. They are still like an entirely separate company...but UPS claims the revenue: [B] "Atlanta-based UPS, which folded Coyote into its "Supply Chain and Freight" unit, does not publicly disclose financial results beyond those reported by its three units."[/B] Now, Coyote was pulling in $2 billion/yr at the time of the buy-out, but UPS's entire 'Supply Chain and Freight' unit has posted right around $2 billion the last two years since, while INCLUDING Coyote's numbers...so, something's off. It's acquisition has not added any significant amount of revenue (supposedly), "Coyote has suffered a brain drain in the past few months as employees have defected to rivals" (called it), you union guys are upset, [B]but UPS Chairman and CEO David P. Abney has expressed satisfaction[/B] with the results of the acquisition...what the hell is there to be happy about, here? In my personal opinion, [B]he's probably happy about how well these deception and morale declining tactics are popping off[/B]. Everyone knows that [B]UPS does not want to be in Freight. It's simply in it because it's competitor is. [/B]That makes this acquisition even more unusual. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Coyote Logistics
Top