Livin the Dream?
Disillusioned UPSer
How did that work out?
i'am glad there out of the way.this way ups can be in control.hope fdx cancels cargo planes.hope ups stock will go up.i can enjoy my retirement.hope it works out in ups favor.dhl is gone ya.How did that work out?
I think DHL has added the volume that is allowing UPS to ride out this economy.
Without the added volume from DHL, I bet things would be much much worse.
DHL has allowed volume to sort of stay about what it was last year.
So yeah, no growth this year but what would have been a big loss in volume was smoothed out by the increases due to DHL.
So, to answer the original question. Just maybe it was TRUE that DHL going bust 'saved UPS'. It certainly looks to me like it saved a whole bunch of jobs that might have been lost to layoffs.
Still picking up and delivering International volume.Is DHL really gone. I still see a few trucks in my area a few days a week.
Remember when DHL going bust was going to save UPS???
How did that work out?
First off, your whole question is based on a false premise. That of UPS having to have that extra volume to survive.
First, that shows your grand ignorance of how UPS has structured itself to overcome and protect itself from this downturn in the economy. UPS does not have to have that extra volume to survive. Yes, it helps that we got a good share of it. But for the most part, DHL priced itself so low that it could not make a profit, so that bottom feeding pricing UPS does not want in the first place.
For instance, $4.50 NDA letter domestically. Sorry, we pay our employees too much to be able to make anything in that market. And of course, supplying that to the market is what drove them under.
Secondly, in the delivery sector, UPS's credit rating is far superior to that of closest rival FDX. That was shown when both companies issued bonds, and FDX had to pay more than 2 points more than UPS did for the bonds. So, if anyone actually had to have that volume to survive, it was some of the other companies that compete with UPS.
So thank you for trying to put a spin on your reality, but it does not fly.
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Me??Don't you have Roger Dunn in your neck of the woods??
Oh I thought it was a person, but no, I've never heard of them. I live in the northeast.Yes Disneyworld, Roger Dunn is a BIG golf store out here