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Finance presentation at Sunday NMA reading for SFBayArea hourlies
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<blockquote data-quote="Brownslave688" data-source="post: 3676557" data-attributes="member: 34439"><p>How does one lose profit margin to another carrier?</p><p></p><p></p><p>I think what you mean is that ups is losing its share of the volume. Like say in 1980 we delivered 80% of all small parcel volume and now we deliver 40%. </p><p></p><p></p><p>Yes our piece of the pie has been shrinking for awhile. But the overall size of the pie has been increasing. Therefore overall volume numbers are up. </p><p></p><p></p><p>Ups can barely handle the volume we have now. That's why they are spending billions on hub expansions.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 3676557, member: 34439"] How does one lose profit margin to another carrier? I think what you mean is that ups is losing its share of the volume. Like say in 1980 we delivered 80% of all small parcel volume and now we deliver 40%. Yes our piece of the pie has been shrinking for awhile. But the overall size of the pie has been increasing. Therefore overall volume numbers are up. Ups can barely handle the volume we have now. That's why they are spending billions on hub expansions. [/QUOTE]
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