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<blockquote data-quote="Sammie" data-source="post: 261763" data-attributes="member: 8657"><p></p><p> </p><p>With the aid of financial advisors or not, Eskew and Kelly surely realize that the twists and turns of a company dictate it's stock prices; cash flow, company growth rate, anticipating future earnings. Buying up chain stores and reinvented our routing, sorting and tracking systems. </p><p> </p><p>Now we have a new contract looming over the horizon with the (difficulties??) of a Teamster multi-employer pension plan. Which I still don't understand 100%, but isn't a main concern the many shipping companies who go under or cut costs and stop contributing to the plan but stable companies like UPS make up the difference. We're the largest teamster employer at the table and newer shipping companies don't want to join the party. So UPS funds retired teamsters who never worked for UPS. That can't be good. I recall that to be one of the issues that brought about the 1997 strike and it remains an issue today.</p><p> </p><p>I sure hope our revenue and growth keep up with what the company will be paying out in retirement $ for the next decade or so. </p><p> </p><p>And as I recall, pension problems among other things brought about the demise of American, Delta and Northwest Airlines. </p><p> </p><p>So I wonder what Mikey and Jimmy know that we don't??? <img src="/community/styles/default/xenforo/smilies/group1/bored.gif" class="smilie" loading="lazy" alt=":bored:" title="Bored :bored:" data-shortname=":bored:" /></p></blockquote><p></p>
[QUOTE="Sammie, post: 261763, member: 8657"] [I][/I] With the aid of financial advisors or not, Eskew and Kelly surely realize that the twists and turns of a company dictate it's stock prices; cash flow, company growth rate, anticipating future earnings. Buying up chain stores and reinvented our routing, sorting and tracking systems. Now we have a new contract looming over the horizon with the (difficulties??) of a Teamster multi-employer pension plan. Which I still don't understand 100%, but isn't a main concern the many shipping companies who go under or cut costs and stop contributing to the plan but stable companies like UPS make up the difference. We're the largest teamster employer at the table and newer shipping companies don't want to join the party. So UPS funds retired teamsters who never worked for UPS. That can't be good. I recall that to be one of the issues that brought about the 1997 strike and it remains an issue today. I sure hope our revenue and growth keep up with what the company will be paying out in retirement $ for the next decade or so. And as I recall, pension problems among other things brought about the demise of American, Delta and Northwest Airlines. So I wonder what Mikey and Jimmy know that we don't??? :bored: [/QUOTE]
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