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profits to management!! WHY??
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<blockquote data-quote="susiedriver" data-source="post: 57757"><p>FEGuy, </p><p> </p><p>What, pray tell, are the profits being used for? Don't tell me the recent expansion; UPS had enough cash on hand before the IPO to make those purchases. </p><p> </p><p>Seriously, I think one of the reasons hourly are so upset is because UPS is not re-investing in the core business at what appears to be a reasonable rate. There are an awful lot of P5's and 6's out there being squeezed into overcrowded buildings. Before I left the company, my route was loaded outside for the last 15 years, along with 20 others. This was in a large (million+) metro area that has real winters. </p><p> </p><p>Hard to bear good fruit if the trunk is decaying.</p></blockquote><p></p>
[QUOTE="susiedriver, post: 57757"] FEGuy, What, pray tell, are the profits being used for? Don't tell me the recent expansion; UPS had enough cash on hand before the IPO to make those purchases. Seriously, I think one of the reasons hourly are so upset is because UPS is not re-investing in the core business at what appears to be a reasonable rate. There are an awful lot of P5's and 6's out there being squeezed into overcrowded buildings. Before I left the company, my route was loaded outside for the last 15 years, along with 20 others. This was in a large (million+) metro area that has real winters. Hard to bear good fruit if the trunk is decaying. [/QUOTE]
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