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 Discussions
First quarter profit down over 17% — Now what?
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="Heavy Package" data-source="post: 4044106" data-attributes="member: 70051"><p>Amazon announced $800M build-out to offer 1-day Prime shipping across most of the US. In their own statement they said they were building out their logistics network for 20 years. UPS and FedEx only looked at more volume and short-term profit and now we have a real 4th competitor with about 50% of the total online sales with little legacy costs.</p><p></p><p>UPS and FedEx are not going out of business, etc. but I do see stagnant growth, especially when the next recession hits. UPS could have been a differentiator and leader if it stayed private and added warehousing and shipping to compete with Amazon 20 yrs ago. But it went public and it is all about 90-day stock price forecasts now. Sad.</p></blockquote><p></p>
[QUOTE="Heavy Package, post: 4044106, member: 70051"] Amazon announced $800M build-out to offer 1-day Prime shipping across most of the US. In their own statement they said they were building out their logistics network for 20 years. UPS and FedEx only looked at more volume and short-term profit and now we have a real 4th competitor with about 50% of the total online sales with little legacy costs. UPS and FedEx are not going out of business, etc. but I do see stagnant growth, especially when the next recession hits. UPS could have been a differentiator and leader if it stayed private and added warehousing and shipping to compete with Amazon 20 yrs ago. But it went public and it is all about 90-day stock price forecasts now. Sad. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
First quarter profit down over 17% — Now what?
Top