UPS "better" may be just as hard as "bigger"

cheryl

I started this.
Staff member
UPS "better" may be just as hard as "bigger" - Reuters

United Parcel Service had a good pandemic as business boomed in everything from online shopping to vaccine delivery. Its shares soared 90% in the year to Tuesday, with the company reaching a $183 billion market value. Wednesday’s investor day, in which Chief Executive Carol Tomé presented the company’s "Better, not Bigger" strategic framework, didn’t go over so well. Investors sent the stock down 5% by mid-afternoon.

UPS is going to concentrate on more lucrative packages such as those sent by small businesses and healthcare companies. The goal is to ensure deliveries are on time and to increase returns on invested capital from 22% in 2020 to as high as 29% in 2023.
 

Karma...

Well-Known Member
consider having the customer counters open only on saturday and cease shipping non business parcels.....remember...better not bigger......civilian parcels have always been high claim...
 

DELACROIX

In the Spirit of Honore' Daumier
consider having the customer counters open only on saturday and cease shipping non business parcels.....remember...better not bigger......civilian parcels have always been high claim...

I just love it when you respond...please define “civilian parcels”?

That Saturday comment is hilarious..🤩
 

Karma...

Well-Known Member
thank you......civilian parcels are those from regular people..walk-ins....not from businesses....that would help with the better not bigger mantra.......what percentage of our total volume would that be ?....and what is the claims cost of those parcels ?.....
 
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