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UPS eating FEDEX up?
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<blockquote data-quote="vantexan" data-source="post: 2889647" data-attributes="member: 24302"><p>That helps a lot. Fact is that FedEx went through cost cutting measures to beef up profits, and increased it's dividend as a result. That makes it attractive to Wall Street. The demand increased it's share value. Wall Street likes when a company plays ball with it. Everyone knows UPS is a solid company but it is also a company burdened by a union. Not knocking the union, just saying from their perspective UPS may not deliver what they're looking for with the overhead UPS has. It's not a popularity contest. The higher share price makes exec's wealthier, and Wall Street rewards those who do what it takes to get it. Even if it means running over employees to do so, something UPS can't do with a union contract.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2889647, member: 24302"] That helps a lot. Fact is that FedEx went through cost cutting measures to beef up profits, and increased it's dividend as a result. That makes it attractive to Wall Street. The demand increased it's share value. Wall Street likes when a company plays ball with it. Everyone knows UPS is a solid company but it is also a company burdened by a union. Not knocking the union, just saying from their perspective UPS may not deliver what they're looking for with the overhead UPS has. It's not a popularity contest. The higher share price makes exec's wealthier, and Wall Street rewards those who do what it takes to get it. Even if it means running over employees to do so, something UPS can't do with a union contract. [/QUOTE]
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