How a Pilot Strike Threat Could Derail the UPS Turnaround

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 1, 2015.

  1. cheryl

    cheryl I started this. Staff Member

    How a Pilot Strike Threat Could Derail the UPS Turnaround - Motley Fool

    Cargo pilots at UPS are threatening a strike -- and it could be bad news if any customers get spooked.

    Last week, pilots at package delivery giant United Parcel Service (NYSE:UPS) voted to authorize a strike if negotiations with the company break down. The pilots still need to be released from negotiations by the National Mediation Board for a strike to be legal, something that rarely occurs. As a result, UPS has characterized the strike vote as merely "a symbolic gesture" by the union.

    While it may be a symbolic gesture, it's not a meaningless one. With the threat of a pilot strike during the busy holiday season -- even if it's a low-probability outcome -- and UPS drivers promising to support any pilot strike, customers could worry about relying too heavily on UPS. FedEx may be able to capitalize on this uncertainty to gain market share.
  2. Gumby

    Gumby *

    It's been what,5 years? No excuse for that.
  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Gonna be a lot of brand new BMW's on the tarmac when they get their retro checks.
  4. Gumby

    Gumby *

    Paid in cash!
  5. cosmo1

    cosmo1 Now, a low life jack wagon, and still loving it.

    Maybe the pilot that lives in town will want one our BMW store doesn't have on the lot.

    I could get sent out on a dealer trade for it!;)
  6. 10 point

    10 point Well-Known Member

    Funny thing that our AEs didn't even know about this until a driver told them.

    It's a good move for the pilots but it may do nothing but hurt our customer base at a really poor time with this in the media.

    People have not forgotten.
  7. Packmule

    Packmule Well-Known Member

    Maybe, but the customers don't care. Most consider pilots to be as overpaid as doctors and lawyers.
    We could lose a lot of packages and a lot of jobs to boot. And they won't be pilot jobs.
  8. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I've read up on his it's basically 6 months min to get through all of the government bs for them to strike. It ain't gonna happen.
  9. Gumby

    Gumby *

    No excuse for 5 years without a contract.
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  10. FrigidFTSup

    FrigidFTSup Resident Suit

    It's extremely common in the airline industry. When you make as much as pilots do, you can afford to sit on your hands for bit.
  11. FrigidFTSup

    FrigidFTSup Resident Suit

    Almost all of the airline industry strikes in the last 2 decades have been illegal. Their way of hurting the company is different. They write things up on the aircraft they may not have normally written up, causing a mechanic to come out and needing to fix it or render it inoperative. Just little things that add up.