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Mgmt ERO - What would you accept?
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<blockquote data-quote="pretzel_man" data-source="post: 491260" data-attributes="member: 927"><p>Danny,</p><p> </p><p>Maybe I'm missing something but I'm not aware of scratching and clawing going on with management right now. Of course, I think everyone is concerned. We should be.</p><p> </p><p>I heard that Davis is planning on going to each region personally and communicating his position. He did that at the corporate office and the information was passed to me third hand. His plan to communicate with everyone was part of what was passed to me.</p><p> </p><p>He said that no ERO was coming now. The last one had a low take rate and not too long ago. He wanted to keep a strong management team.</p><p> </p><p>He said that he would be looking to purchase undervalued assets. This could be a company, equipment, facilities, etc.</p><p> </p><p>He also said that although our service is the best in history right now, we are not converting as much of the DHL volume to UPS as they hoped. We are getting about 50%.</p><p> </p><p>He said that we need to agressively go after volume and look for creative ways to reduce cost and offer new services.</p><p> </p><p>I thought the message was good. He was focused on being ready when the economy recovers.</p><p> </p><p>I really don't think we need an ERO. I think we need to utilize our extra people to do things to help reduce cost.</p><p> </p><p>Just my opinion.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 491260, member: 927"] Danny, Maybe I'm missing something but I'm not aware of scratching and clawing going on with management right now. Of course, I think everyone is concerned. We should be. I heard that Davis is planning on going to each region personally and communicating his position. He did that at the corporate office and the information was passed to me third hand. His plan to communicate with everyone was part of what was passed to me. He said that no ERO was coming now. The last one had a low take rate and not too long ago. He wanted to keep a strong management team. He said that he would be looking to purchase undervalued assets. This could be a company, equipment, facilities, etc. He also said that although our service is the best in history right now, we are not converting as much of the DHL volume to UPS as they hoped. We are getting about 50%. He said that we need to agressively go after volume and look for creative ways to reduce cost and offer new services. I thought the message was good. He was focused on being ready when the economy recovers. I really don't think we need an ERO. I think we need to utilize our extra people to do things to help reduce cost. Just my opinion. P-Man [/QUOTE]
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