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The truth about ups
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<blockquote data-quote="beentheredonethat" data-source="post: 833842" data-attributes="member: 4886"><p>Chewy;</p><p> Companies are in business to make money. Companies that don't make money go out of business. Shareholders want their companies to make money. Shareholders want companies to reduce cost. With UPS, employee benefits and wages are the number one cost. UPS had one of it's better years but we still only made 11.1% pretax profit. That's not a lot when you think of it. If we did as everyone is suggesting and added routes, cut back on sporh etc we could easily lose that 11.1% profit margin.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 833842, member: 4886"] Chewy; Companies are in business to make money. Companies that don't make money go out of business. Shareholders want their companies to make money. Shareholders want companies to reduce cost. With UPS, employee benefits and wages are the number one cost. UPS had one of it's better years but we still only made 11.1% pretax profit. That's not a lot when you think of it. If we did as everyone is suggesting and added routes, cut back on sporh etc we could easily lose that 11.1% profit margin. [/QUOTE]
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