First quarter profit down over 17% — Now what?

[Frankie's Friend]

This wont get better with time. Our profit since 2013 I would say was due to the explosion of online sales. Well Amazon is cornering that and ups nationally is loosing that ground. Next quarter will include the massive amount of back pay. That period of 2007-2013 with little hiring will probably come back.

Nah, it's simple dude.
Just need to find more reasons to deny more claims as improperly packed.

 

[rod]

Awhile back I predicted UPS would self implode in about 10 years. I may have to revise that prediction.

 

[1989]

you still do. alot of people on this site do, and in real life.

doesnt help being told all the time youre the greatest country; sortve implies that you know alot.

Did you hear this in YouTube?

 

[rod]

If UPS is using "winter" as an excuse they need to hire their drivers from up north. Get guys who aren't afraid to drive when there is a quarter inch of snow.

 

[Re-Raise]

My package volume continues to go up. Most of the new volume is Amazon. A lot of them are next day air savers for Prime members.

If we aren’t making as much profit, there is ONLY one reason. Our contract price with Amazon for their packages!!!

Cutting costs won’t ever work until we are properly compensated for delivering Amazon packages.

 

[1989]

If UPS is using "winter" as an excuse they need to hire their drivers from up north. Get guys who aren't afraid to drive when there is a quarter inch of snow.

Can you send some plows, snow tires, and chains too.

 

[rod]

Can you send some plows, snow tires, and chains too.

Apparently you think Mn. roads are plowed the second it starts to snow--wrong. The last set of chains in a package car I saw was in about 1985. Around here they use RE-capped tires with a semi aggressive thread. I'm sure UPS gets them for a little of nothing because they only last about one winter if you are lucky. They do work good when new though for the first couple of months anyway..

 

[Frankie's Friend]

My package volume continues to go up. Most of the new volume is Amazon. A lot of them are next day air savers for Prime members.

If we aren’t making as much profit, there is ONLY one reason. Our contract price with Amazon for their packages!!!

Cutting costs won’t ever work until we are properly compensated for delivering Amazon packages.

I'm sure the new oversize and overweight charges are going to bail this out at $600+ per pkg.

Think that we're making new friends every day?

 

[Superteeth2478]

I took a vacation week in March so production went down for the quarter.

Hey, hey, don't be so full of yourself. I'm pretty sure we can directly correlate the beginning of UPS's downslide with the day that UpstateNYUPSer retired.

 

[IVE GOTTA PACKAGE 4U]

Hey, hey, don't be so full of yourself. I'm pretty sure we can directly correlate the beginning of UPS's downslide with the day that UpstateNYUPSer retired.

LMAO

 

[Superteeth2478]

Don’t let UPS blame this on weather , it’s been snowing for billions of years. The HORRIBLE customer service is why the ship is sinking!

I blame all you damn lazy union workers! ...wait a sec...

 

[Indecisi0n]

If UPS is using "winter" as an excuse they need to hire their drivers from up north. Get guys who aren't afraid to drive when there is a quarter inch of snow.

Winter is here ...

 

[Frankie's Friend]

Hey, hey, don't be so full of yourself. I'm pretty sure we can directly correlate the beginning of UPS's downslide with the day that UpstateNYUPSer retired.

Yeah, his image lives on.

 

[Superteeth2478]

But in all seriousness, even taking "weather" into account, were UPS's 1st quarter numbers BAD? I'm not really sure what all these numbers mean...

 

[Frankie's Friend]

But in all seriousness, even taking "weather" into account, were UPS's 1st quarter numbers BAD? I'm not really sure what all these numbers mean...

Means we have too many dead wood bosses at the top and in the buildings?

 

[Bob11B]

Well I followed Orion 100% today, figured I’d finally really give it an attempt. 8 miles more than when I run it my way, less stops per hour....that’ll save them money. Also, that’s after dispatch “adjusted and fixed” Orion.

 

[thecamel]

But in all seriousness, even taking "weather" into account, were UPS's 1st quarter numbers BAD? I'm not really sure what all these numbers mean...

It means to me, one that has to work hard to help achieve that $billion net EVERY quarter, that these day traders and other h...es on wall street need to pick up a shovel, grab a set of keys, or otherwise get off their entitled backsides and try some real work.

It took nearly 100 years for this company to achieve the $billion net quarters that are now the "expectation". Now as we plow through year 112 of daily hard work, for the most of us, wall street is going to apply the pressure to force our company to make decisions that are severely short sided and perhaps disastrous in the long term?

 

[rod]

Go back to a driver sort or at least pay the pre-loaders what they are worth and let the center managers make decisions again.

 

[thecamel]

Go back to a driver sort or at least pay the pre-loaders what they are worth and let the center managers make decisions again.

We are still netting over a $billion a quarter. I would say that we are committed.

 

[rod]

We are still netting over a $billion a quarter. I would say that we are committed.

Imagine what they would be netting if things weren't so friend'ed up.

 

[thecamel]

Imagine what they would be netting if things weren't so friend'ed up.

I feel you. Been here a very long time and I really hate it some days, but hey work as directed.