UPS 3rd Quarter Results

[UPS Under Paid Slave]

For the company in 3Q 2018:

• Consolidated revenue increased 7.9% and currency-neutral revenue was 8.4% higher.
• Average revenue yield increased 4.0%, with base-pricing gains in all product categories.
• Year-to-date cash from operations expanded to $9.4 billion.
• Free cash flow increased to $4.9 billion through the first nine months of the year.
• Year-to-date dividends per share increased by 10%, producing an annual dividend yield in excess of 3%.
• The company repurchased 6.6 million shares year-to-date for approximately $750 million.
• Capital investments and associated efficiencies were as expected in the quarter with year-to-date expenditures at $4.5 billion.
• Third quarter results benefited from several discrete items, including tax that helped to offset unplanned International headwinds from currency and fuel.
• Hoffa paid off to the tune of $1.5M to push through a BS contract and keep the slaves working for peanuts.

 

[km3]

Hoffa paid off to the tune of $1.5M to push through a BS contract and keep the slaves working for peanuts.

"Slaves" isn't really a good way to put it. Nobody is being forced to work here. Accept it for what it is or leave. It's not complicated.

 

[Wally]

What a pair of nads on Hoffa! Record profits and a roaring economy and he gives back and makes concessions! Most would demand more for their membership, but not Jimmy! What backbone!

 

[ACmoses]

What a pair of nads on Hoffa! Record profits and a roaring economy and he gives back and makes concessions! Most would demand more for their membership, but not Jimmy! What backbone!

Sad!!!

 

[rod]

SMH--so glad I've moved on.

 

[brostalss]

The worst crime against working people is a company which fails to operate at a profit.

Samuel G. Founder of the AFL-CIO.

 

[Coldworld]

The worst crime against working people is a company which fails to operate at a profit.

Samuel G. Founder of the AFL-CIO.

The problem is enough profit is never good enough....

 

[OldManAllowance]

Are you saying I will need to settle for yearly raises, free health care, a pension, 6 week paid vacation, and early retirement?

 

[Wally]

Are you saying I will need to settle for yearly raises, free health care, a pension, 6 week paid vacation, and early retirement?

Yes, and two classes of workers.

 

[Returntosender]

What a pair of nads on Hoffa! Record profits and a roaring economy and he gives back and makes concessions! Most would demand more for their membership, but not Jimmy! What backbone!

 

[Brownslave688]

The worst crime against working people is a company which fails to operate at a profit.

Samuel G. Founder of the AFL-CIO.

There's no real threat of that anytime soon.

 

[Brownslave688]

Are you saying I will need to settle for yearly raises, free health care, a pension, 6 week paid vacation, and early retirement?

Im not getting a raise. You must be part time.

Healthcare isn't free either. Pay pretty much every time I go to the doctor.

 

[watdaflock?]

MAGA!

 

[1989]

There's no real threat of that anytime soon.

Soon is a useless term. What’s the outlook in 40 years?

 

[1989]

Im not getting a raise. You must be part time.

Healthcare isn't free either. Pay pretty much every time I go to the doctor.

I’m getting a raise.

I pay very little for healthcare maybe $1000/$1500 a year at most. If my daughter gets sick and spends time in the hospital.

My pension will get raised

My retiree healthcare will be better

But no change on when I can retire. Will still have wait until 52.

Still only 7 weeks vacation, 5 options, 6-7 sick days.

 

[Brownslave688]

Soon is a useless term. What’s the outlook in 40 years?

Cars that drive themselves and a drastically different delivery industry.


Considering 5 years is the length of a contract and the terms can be changed when renegotiated then that's about as far out as we need to worry about it.

 

[Brownslave688]

I’m getting a raise.

I pay very little for healthcare maybe $1000/$1500 a year at most. If my daughter gets sick and spends time in the hospital.

My pension will get raised

My retiree healthcare will be better

But no change on when I can retire. Will still have wait until 52.

Still only 7 weeks vacation, 5 options, 6-7 sick days.

You didn't get a raise.

 

[1989]

You didn't get a raise.

Not yet....But I will

A raise is an increase in the amount of hourly pay or salary that an employee receives for work performed in an organization.

 

[Brownslave688]

Not yet....But I will

A raise is an increase in the amount of hourly pay or salary that an employee receives for work performed in an organization.

A raise is an increase in buying power to me.

 

[Tom MacDonald]

Not yet....But I will

A raise is an increase in the amount of hourly pay or salary that an employee receives for work performed in an organization.

I'm getting a raise from 13 to 13.70 after 4 years of service while these dil dos are coming in making 13 on day one. Wtf are you bragging about