Tuesday or Wednesday of last week a supervisor was overheard saying UPS was going to lock the Teamsters out. Some of you may know this gentleman personally. One of his favorite phrases is “if you ever tell anybody I said this I’ll deny this conversation ever took place.” Apparently this supervisor isn’t worried about customers diverting their volume to FedEx. Teamsters were told to keep their mouths shut to prevent that. This is the exact arrogance management displayed towards the Teamsters back in 1997. I’m shorting the out of UPS stock.