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Teamster agreement a 'bad deal' for UPS: Analyst
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<blockquote data-quote="Zowert" data-source="post: 5667222" data-attributes="member: 71957"><p>It is. They have a union workforce yet they manage to average about twice the annual profit of their closest competitor, FedEx, which is non-union. Despite what it may feel like in our shoes, UPS is not run by a bunch of idiots. They have survived the Great Depression, several recessions, two world wars, two global pandemics and Jimmy Carter. All while being married to the Teamsters since 1916. I think UPS knows it is in their best interest to give the Teamsters the motivation to unionize their competitors. That’s the only way I can explain the media circus around this contract in particular.</p></blockquote><p></p>
[QUOTE="Zowert, post: 5667222, member: 71957"] It is. They have a union workforce yet they manage to average about twice the annual profit of their closest competitor, FedEx, which is non-union. Despite what it may feel like in our shoes, UPS is not run by a bunch of idiots. They have survived the Great Depression, several recessions, two world wars, two global pandemics and Jimmy Carter. All while being married to the Teamsters since 1916. I think UPS knows it is in their best interest to give the Teamsters the motivation to unionize their competitors. That’s the only way I can explain the media circus around this contract in particular. [/QUOTE]
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Teamster agreement a 'bad deal' for UPS: Analyst
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