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Not topped out record Express
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<blockquote data-quote="vantexan" data-source="post: 5590607" data-attributes="member: 24302"><p>It's public knowledge from federally required publishing of all expenditures, taxes, profits, etc of a publicly traded company. They don't get to hide money. That's the point of having accountants keep books. And people have gone to prison for trying to beat the system. The money to do what UPS does just wasn't/isn't there. As I've repeatedly said which you guys won't acknowledge is that Express has much higher overhead, much higher cost per package, from flying most of its freight. </p><p></p><p>Do you understand why our pension and healthcare were gutted? Why our raises for years were held down to 2% if we got a raise at all? FedEx was using that money to build Ground infrastructure. If the money had been there to give us much better pay and benefits if we had unionized then it would've happened. They had to rob Peter to pay Paul in order to build up Ground. THEY COULD HAVE LEFT THINGS AS THEY WERE AND TOPPED US OUT IN A REASONABLE AMOUNT OF TIME WITH DECENT PAY AND BENEFITS. BUT THEY WANTED A MUCH HIGHER STOCK PRICE SO THAT THOSE WHO HELD A LOT OF STOCK COULD GET THAT MUCH RICHER. THEY SCREWED TENS OF THOUSANDS OF PEOPLE OVER IN PURSUIT OF HIGHER PROFITS. And now they have a company with mostly dead end jobs.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5590607, member: 24302"] It's public knowledge from federally required publishing of all expenditures, taxes, profits, etc of a publicly traded company. They don't get to hide money. That's the point of having accountants keep books. And people have gone to prison for trying to beat the system. The money to do what UPS does just wasn't/isn't there. As I've repeatedly said which you guys won't acknowledge is that Express has much higher overhead, much higher cost per package, from flying most of its freight. Do you understand why our pension and healthcare were gutted? Why our raises for years were held down to 2% if we got a raise at all? FedEx was using that money to build Ground infrastructure. If the money had been there to give us much better pay and benefits if we had unionized then it would've happened. They had to rob Peter to pay Paul in order to build up Ground. THEY COULD HAVE LEFT THINGS AS THEY WERE AND TOPPED US OUT IN A REASONABLE AMOUNT OF TIME WITH DECENT PAY AND BENEFITS. BUT THEY WANTED A MUCH HIGHER STOCK PRICE SO THAT THOSE WHO HELD A LOT OF STOCK COULD GET THAT MUCH RICHER. THEY SCREWED TENS OF THOUSANDS OF PEOPLE OVER IN PURSUIT OF HIGHER PROFITS. And now they have a company with mostly dead end jobs. [/QUOTE]
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