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Is UPS going to go out of business?
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<blockquote data-quote="100%ORIONComplianceGuy" data-source="post: 5947025" data-attributes="member: 109837"><p>It sounds crazy but it's very possible that UPS will either end up being a small fraction of its current size or sold off. Not anytime soon. Realistically anyway. As recently as five years or so ago people were saying Amazon wouldn't be able to deliver their own stuff. Now look at them. Now they are the kings of retail (and grocery in some areas) and shipping. And other retailers are struggling to compete and the result is FedEx and the USPS becoming their lower cost solution to help keep them going. We are more expensive and the service has declined (and still is) so the incentive to keep using is slipping away. </p><p></p><p>And our CEO bleeds accounts off at a record pace. And don't think its always because we let them go because they aren't profitable enough. That is BS. Many have (are) leaving us. At this rate we'll start seeing drastic changes in the very near future. Changes need to be made either way. What those changes are will determine how bad things get later. I hope I'm wrong about this. But the writing is on the wall.</p></blockquote><p></p>
[QUOTE="100%ORIONComplianceGuy, post: 5947025, member: 109837"] It sounds crazy but it's very possible that UPS will either end up being a small fraction of its current size or sold off. Not anytime soon. Realistically anyway. As recently as five years or so ago people were saying Amazon wouldn't be able to deliver their own stuff. Now look at them. Now they are the kings of retail (and grocery in some areas) and shipping. And other retailers are struggling to compete and the result is FedEx and the USPS becoming their lower cost solution to help keep them going. We are more expensive and the service has declined (and still is) so the incentive to keep using is slipping away. And our CEO bleeds accounts off at a record pace. And don't think its always because we let them go because they aren't profitable enough. That is BS. Many have (are) leaving us. At this rate we'll start seeing drastic changes in the very near future. Changes need to be made either way. What those changes are will determine how bad things get later. I hope I'm wrong about this. But the writing is on the wall. [/QUOTE]
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Is UPS going to go out of business?
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