UPS latest earnings report

[DriveInDriveOut]

Good for ups and it’s fairly paid employees. I guess you do get what you pay for. FedEx will be announcing a new pay progression in the next 20 years.

Well sellout Hoffa allowing a huge uptick in non union feeder contractors and personal vehicle delivery drivers helped a lot I'm sure.

 

[yadig]

It's like anything else posted here. You (and others) see it and think it means something that it doesn't.

How do you interpret it dano? Is ups doing well?

 

[bacha29]

Ok Batman. Lol

As we all know Dano is really big into super hero worship.

 

[AB831]

Ya couldn’t be a bunch of lower managment too afraid to confront bad ideas head on. The one reason I wish this company was unionized is because almost everything this company tries is a mistake. It’s horrible idea after horrible idea. Everything is a reaction to something that’s already happened. A union contract would at least protect our pay from their dumb dumb dumb ideas. How many dumb ideas would get pushed through if our raises weren’t optional. How much contracting would they do if they had to pay us well.

Lower management isn't qualified to manage a Burger King much less approach upper management with suggestions. Have you ever seen a lower manager touch a dollar bill unless it was in front of a vending machine? Fat Freddy developed his own currency like "stops per hour" and "making service" because his lower managers aren't competent enough to do anything beyond that.

 

[AB831]

The union is a pain in their I’m sure. But agreeing to pay drivers a wage they’re happy with undeniably has its perks. Especially during a pandemic when everyone is quitting jobs that haven’t stayed competitive with pay. UPS doesn’t have a driver shortage problem because of that contract. Meanwhile every Express station has 9 courier jobs on indeed that nobody wants.

That number will only grow as more and more old-timers retire and get replaced by nobody. The snake oil of "this can be your career" is starting to become harder and harder for Fat Freddy to sell to 25 year olds.

 

[yadig]

UPS delivers rosy outlook for 2022 after record earnings, shares soar
UPS delivers rosy outlook for 2022 after record earnings, shares soar
They look to be doing pretty good to me!

 

[yadig]

UPS delivers rosy outlook for 2022 after record earnings, shares soar

UPS posted record quarterly earnings on Tuesday and forecast 2022 revenue above expectations, driven by higher shipping rates and e-commerce demand.

www.cnbc.com

 

[!Retired!]

From the article...'It also expects adjusted operating margins of 13.7% in 2022, above 2021 levels, despite rising labor and fuel costs roiling the industry.'

This is the number investors look at. 13.7% is an outrageous number.

 

[bacha29]

From the article...'It also expects adjusted operating margins of 13.7% in 2022, above 2021 levels, despite rising labor and fuel costs roiling the industry.'

This is the number investors look at. 13.7% is an outrageous number.

It's a well known fact that United parcel Service is a model of corporate efficiency . The numbers now clearly support that reputation.

 

[Aquaman]

It's a well known fact that United parcel Service is a model of corporate efficiency . The numbers now clearly support that reputation.

That’s the perk of paying your drivers what they want, taking care of their families, & retirements… your employees are willing to give you their entire day.

 

[DriveInDriveOut]

It's a well known fact that United parcel Service is a model of corporate efficiency .

@IVE GOTTA PACKAGE 4U

 

[IVE GOTTA PACKAGE 4U]

@IVE GOTTA PACKAGE 4U

Absolutely

 

[59 Dano]

How do you interpret it dano? Is ups doing well?

Yep. So is FedEx.

No one disputes any of that. What's laughable is all the extra "analysis" posted about it.

 

[59 Dano]

Lower management isn't qualified to manage a Burger King much less approach upper management with suggestions. Have you ever seen a lower manager touch a dollar bill unless it was in front of a vending machine? Fat Freddy developed his own currency like "stops per hour" and "making service" because his lower managers aren't competent enough to do anything beyond that.

You paying MF royalties for using his wildly silly cliched talking points? He doesn't like anyone horning in on his nonsense.

 

[yadig]

Yep. So is FedEx.

No one disputes any of that. What's laughable is all the extra "analysis" posted about it.

FedEx is doing alright? I honestly hope you’re right on that. It looks terrible at my ramp! It’s a dang cluster and having massive turnover. It’s not omicron we’re I’m at!

 

[59 Dano]

FedEx is doing alright? I honestly hope you’re right on that. It looks terrible at my ramp! It’s a dang cluster and having massive turnover. It’s not omicron we’re I’m at!

Did you miss the last earnings report? Beat earnings, beat revenue.

 

[bacha29]

Did you miss the last earnings report? Beat earnings, beat revenue.

Wonderful! But how come UPS stock is up 45% from it's 52 week low and hitting new 52 week HIGHS while Fat Freddy's stock is only off it's 52 week low by about 15% while trading at 20% below it's 52 week high?

 

[yadig]

I noticed that ground’s is in single digits.

 

[!Retired!]

It's a well known fact that United parcel Service is a model of corporate efficiency . The numbers now clearly support that reputation.

That's a very high number, even for them

That’s the perk of paying your drivers what they want, taking care of their families, & retirements… your employees are willing to give you their entire day.

Willing? I hardly think they do it willingly. I'll bet most would rather be home for dinner, help their kids with their homework and tuck them in at night

 

[Fred's Myth]

That's a very high number, even for them

Willing? I hardly think they do it willingly. I'll bet most would rather be home for dinner, help their kids with their homework and tuck them in at night

Most shouldn’t take a 1000-1900 shift then. Providing an elevated lifestyle for your family requires personal sacrifice, especially in this day and time.