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Union / Fedex / UPS - An Analogy
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<blockquote data-quote="BLACKBOX" data-source="post: 532781" data-attributes="member: 6700"><p>The stockholders for UPS would love to see the union restructure their contract to deal with the downturn in volume. Its already right in front of our faces that delivering packages can be done for a third of the wages we now enjoy. If this were to happen, our stock prices will go through the roof.</p><p></p><p>Years ago the Teamsters had an ace in the hole when the threat of a strike would instill fear in the transportation world because no one had the infrastructure we had. Fast forward to today's world and its no mystery that FDX is ramping up their ground facilities around the country (just peruse FEDEX.com). So striking doesn't quite have the weight it used to. </p><p></p><p>Oh yes. I believe UPS is watching what is happening to the UAW and the concessions they are forced to accept to remain competitive. </p><p></p><p>Am I just paranoid? or is this feeling warranted.</p></blockquote><p></p>
[QUOTE="BLACKBOX, post: 532781, member: 6700"] The stockholders for UPS would love to see the union restructure their contract to deal with the downturn in volume. Its already right in front of our faces that delivering packages can be done for a third of the wages we now enjoy. If this were to happen, our stock prices will go through the roof. Years ago the Teamsters had an ace in the hole when the threat of a strike would instill fear in the transportation world because no one had the infrastructure we had. Fast forward to today's world and its no mystery that FDX is ramping up their ground facilities around the country (just peruse FEDEX.com). So striking doesn't quite have the weight it used to. Oh yes. I believe UPS is watching what is happening to the UAW and the concessions they are forced to accept to remain competitive. Am I just paranoid? or is this feeling warranted. [/QUOTE]
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