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UPS contract hurts or helps FedEx?
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<blockquote data-quote="btrlov" data-source="post: 5661337" data-attributes="member: 29173"><p>Unless this contract has an equivalent productivity metrics for drivers , there is no way UPS can pass all that labor cost to customers and satisfy investors . Most likely,</p><p></p><p>UPS will probably have to layoff management and other non represented titles or reduce benefits significantly to keep up with 6 figure drivers . They will also have reduce hiring and stuff those trucks even more. If not the teamsters will suck that company dry.</p><p></p><p>Postal workers will benefit as it puts that management team on notice - even if its illegal for them to strike. Im sure letter carriers wont be happy with anything less than 40 bucks an hour top pay by 2028</p><p></p><p>it puts Fedex in a pretty pickle beceuse now even the lowest IQ worker is hyper aware how low fedex is paying. Low wages=A transient workforce=lower quality and service=less business. The Fedex business model of bagels and trinkets rather than take home just wont be enough.</p><p></p><p>My guess is fedex will try to payout a one time bonus this fall to stop some bleed of productive workers- it will not stop the bleed. Express will be dominated by expensive 25+ year geriatric employees with “nowhere to go” and transient employees . the fedex version of the teamster parasite is its legacy 30year drivers and management that cannot afford to retire</p><p></p><p>Maybe walmart or amazon will merge with fedex. But right mow fedex is dying slowly and its self inflicted</p></blockquote><p></p>
[QUOTE="btrlov, post: 5661337, member: 29173"] Unless this contract has an equivalent productivity metrics for drivers , there is no way UPS can pass all that labor cost to customers and satisfy investors . Most likely, UPS will probably have to layoff management and other non represented titles or reduce benefits significantly to keep up with 6 figure drivers . They will also have reduce hiring and stuff those trucks even more. If not the teamsters will suck that company dry. Postal workers will benefit as it puts that management team on notice - even if its illegal for them to strike. Im sure letter carriers wont be happy with anything less than 40 bucks an hour top pay by 2028 it puts Fedex in a pretty pickle beceuse now even the lowest IQ worker is hyper aware how low fedex is paying. Low wages=A transient workforce=lower quality and service=less business. The Fedex business model of bagels and trinkets rather than take home just wont be enough. My guess is fedex will try to payout a one time bonus this fall to stop some bleed of productive workers- it will not stop the bleed. Express will be dominated by expensive 25+ year geriatric employees with “nowhere to go” and transient employees . the fedex version of the teamster parasite is its legacy 30year drivers and management that cannot afford to retire Maybe walmart or amazon will merge with fedex. But right mow fedex is dying slowly and its self inflicted [/QUOTE]
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