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<blockquote data-quote="Socrates" data-source="post: 4435544" data-attributes="member: 36964">No it doesn&#039;t. UPS was already making BILLIONS (with a B) in profit last year. They routinely brag about the fact they raise the Stock Dividend every year. Why do people always like to forget that the top tax rate went from 35% to 21%? It was an absolute windfall that cost them nothing. And if we get a payroll tax holiday, or even steeper corporate tax cuts, they&#039;ll have even more money to throw around.UPS can afford to do something like give all drivers a $2/hour hazard pay increase (and the same or more for PT&#039;ers), given that they already charge an extra $1 for Residential packages and right now, that volume is spiking. If Amazon employees/drivers start staging walk-outs at their facilities, mostly located near dense city centers, that leaves plenty of room for UPS to swoop in and grab up all that volume. As Uber Eats, Door Dash, etc, gain steam, it will bid up the price for non-UPS/FedEx delivery drivers, resulting in price increases for Amazon on the like and making it harder for them to compete with us.There&#039;s nothing but growth on the horizon for UPS. Anyone implying otherwise just isn&#039;t paying attention. As LeBron says, they wasn&#039;t educated.</blockquote>

[QUOTE="Socrates, post: 4435544, member: 36964"] No it doesn't. UPS was already making BILLIONS (with a B) in profit last year. They routinely brag about the fact they raise the Stock Dividend every year. Why do people always like to forget that the top tax rate went from 35% to 21%? It was an absolute windfall that cost them nothing. And if we get a payroll tax holiday, or even steeper corporate tax cuts, they'll have even more money to throw around. UPS can afford to do something like give all drivers a $2/hour hazard pay increase (and the same or more for PT'ers), given that they already charge an extra $1 for Residential packages and right now, that volume is spiking. If Amazon employees/drivers start staging walk-outs at their facilities, mostly located near dense city centers, that leaves plenty of room for UPS to swoop in and grab up all that volume. As Uber Eats, Door Dash, etc, gain steam, it will bid up the price for non-UPS/FedEx delivery drivers, resulting in price increases for Amazon on the like and making it harder for them to compete with us. There's nothing but growth on the horizon for UPS. Anyone implying otherwise just isn't paying attention. As LeBron says, they wasn't educated. [/QUOTE]

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