Earnings Q1

[Brownslave688]

https://www.google.com/amp/s/www.th...-earnings-miss-coronavirus-pandemic-shipments


revenue up but earnings down. Ups has been letting business shipments subsidize residential for a long time. It’s time they get this figured out.

 

[UpstateNYUPSer(Ret)]

....or we could write off Q1 and Q2 as being anomalies and concern ourselves with Q3 and Q4...

 

[IVE GOTTA PACKAGE 4U]

https://www.google.com/amp/s/www.th...-earnings-miss-coronavirus-pandemic-shipments


revenue up but earnings down. Ups has been letting business shipments subsidize residential for a long time. It’s time they get this figured out.

22.4 drivers will save the day.

 

[MECH-lift]

22.4 drivers will save the day.

what a joke

 

[IVE GOTTA PACKAGE 4U]

what a joke

Best contract ever

 

[reginald95]

UPS makes no money on all these residential deliveries from Target, Walmart, Amazon, etc.

 

[Brownslave688]

....or we could write off Q1 and Q2 as being anomalies and concern ourselves with Q3 and Q4...

I mean we know what the trends are and it’s more and more people shopping online. UPS has to figure it out eventually

 

[iowa boy]

I mean we know what the trends are and it’s more and more people shopping online. UPS has to figure it out eventually

Give em another 5 years, should be there by then.

 

[Staydryitsraining]

Resi going up business going down?? Saw that coming in 2013.

 

[MyTripisCut]

Resi going up business going down?? Saw that coming in 2013.

Especially when Orion has you delivering business after 5 pm and UPS answer is to the customer you could always pay for air service.

 

[Wally]

https://www.google.com/amp/s/www.th...-earnings-miss-coronavirus-pandemic-shipments


revenue up but earnings down. Ups has been letting business shipments subsidize residential for a long time. It’s time they get this figured out.

Maybe the commercial is simply more profitable and resi less so obviously, but the market won't allow for higher rates?

 

[Brownslave688]

Maybe the commercial is simply more profitable and resi less so obviously, but the market won't allow for higher rates?

The market won’t allow for profitable rates? That wasn’t always the case. Ups allowed the market to think that was acceptable.

Maybe they need to do a better job of training customers. Ups got played by amazon. Drivers have been calling it for a decade.

 

[Brownslave688]

Resi going up business going down?? Saw that coming in 2013.

Pretty sure we’ve seen it coming much longer than that.

 

[Wally]

Business to business was the model for some time. Resi is just something they have to tolerate.

 

[Brownslave688]

Business to business was the model for some time. Resi is just something they have to tolerate.

Well the world has changed drastically. Maybe the model needs to.

 

[Wally]

Well the world has changed drastically. Maybe the model needs to.

I thought that back then when this started. I used to say, drop the S for service.

 

[IVE GOTTA PACKAGE 4U]

Well the world has changed drastically. Maybe the model needs to.

That's probably what's going to happen next contract More 22-4 jobs and probably helpers on some routes

 

[Brownslave688]

I thought that back then when this started. I used to say, drop the S for service.

We could charge more. You can’t tell me people will gladly pay someone $10 to deliver McDonald’s to them from 4 blocks away but won’t pay for stuff they order off the internet.

 

[Wally]

We could charge more. You can’t tell me people will gladly pay someone $10 to deliver McDonald’s to them from 4 blocks away but won’t pay for stuff they order off the internet.

People don't even know shipping rates. It's the shipper that is trying to keep the price down.

Lots of scabs out there too cutting prices.

 

[IVE GOTTA PACKAGE 4U]

We could charge more. You can’t tell me people will gladly pay someone $10 to deliver McDonald’s to them from 4 blocks away but won’t pay for stuff they order off the internet.

We hat too much competition that pays their employees a whole lot less money than what are making