UPS lost 106 million in Q4

[IVE GOTTA PACKAGE 4U]

Yep,at least they got a cake and an a YOS award. The day I retired the center manager said to me and my friend who was retiring the same day, oh, is this your last day? But we were both good with that, especially after they charged my friend with an avoidable accident when a 80yr old backed up over 40ft and struck his parked package car a few weeks before he would've got the 25yr Circle of Honor award the month before.

That doesn't surprise me at this place

 

[rod]

True.

Sadly I only own ups stock. So this hurt quite a bit today.

My air building processes 90% Amazon now. All this hard work for another company to see the gains.

Will I even have a pension in 20 years upon retirement? This news feel grim.

Never put all you eggs in one basket..........

 

[PT Car Washer]

Never put all you eggs in one basket..........

Reason I never went FT.

 

[watdaflock?]

And jet travel. He loves that private jet even though he wants you walking to work.

GOP memes are dumb.

 

[watdaflock?]

Massive cuts are coming.
Stock price is tanking.

Amazon is sniffing around looking to buy UPS.

Any proof UPS lost 106 million in one quarter?

 

[El Correcto]

I guess you can only buy back your shares for a while before the investors catch on..... All companies are over-leveraged with debt.

UPS has been buying new trucks like candy this last year....most old models that are manual trannies are sitting in the junk yard waiting to be decommissioned...... where is all this money coming from?

We are making Mexico pay for it, ttku.

 

[Wally]

GOP memes are dumb.

So is little Mikey flying his private jet to Bermuda every weekend but then lecturing us on using energy.

 

[Method Mensch]

not related but it's ironic that bloomberg and steyer are spending 100's of millions of dollars that have been financed by the trump stock market.

 

[watdaflock?]

So is little Mikey flying his private jet to Bermuda every weekend but then lecturing us on using energy.

Let me know when you donate 100 million.

 

[IVE GOTTA PACKAGE 4U]

Let me know when you donate 100 million.

Do you ever say anything that isn't being a troll?

I'll check back tomorrow for your answer

 

[eats packages]

Let me know when you donate 100 million.

Please don't bring this morning's bad twitter ratio into another medium. I blocked so many accounts.

philantropy cults. They act like a swarm.

 

[specter208]

I guess you can only buy back your shares for a while before the investors catch on..... All companies are over-leveraged with debt.

UPS has been buying new trucks like candy this last year....most old models that are manual trannies are sitting in the junk yard waiting to be decommissioned...... where is all this money coming from?

Why not put good working engines in them and keep using them?

 

[PT Car Washer]

Why not put good working engines in them and keep using them?

Even with a new engine the old trucks will not pass modern emission standards.

 

[myback]

Amazon is taking over

Have u seen their drivers?

 

[eats packages]

Have u seen their drivers?

It's a mixed bag to be honest.
I feel bad for them though since they clearly don't get paid any amount to sort their load. They have like some kind of strap box system inside the vehicle. I would love to know what the load/sort system is.

 

[Maple Grove MN Driver]

Any proof UPS lost 106 million in one quarter?

It is called Google.
One of dozens of articles
https://www.google.com/amp/s/amp.newsobserver.com/news/business/article239788888.html

 

[Rick Ross]

Why not put good working engines in them and keep using them?

Yesterday I used 73 gallons of diesel in a newer KW tractor. That same run in an old single axle International was usually right at 105 gallons. This tractor does that run 2x a day 5 days a week.

I've been told the CNG tractors we use costs $.17 per mile less than one of our newer diesels to run. So that would be a huge difference compared to the old tractors.

 

[WTFm8]

JFC just tell me how it affects my dispatch...

told us twice in the last 2 weeks it’s getting lighter and we should notice. Never seen so many drivers laugh at once.

 

[watdaflock?]

It is called Google.
One of dozens of articles
https://www.google.com/amp/s/amp.newsobserver.com/news/business/article239788888.html

Guess the articles I found included this.....

"but after stripping out a charge related to pensions, the adjusted profit matched Wall Street expectations."

 

[govols019]

I've been told the CNG tractors we use costs $.17 per mile less than one of our newer diesels to run. So that would be a huge difference compared to the old tractors.

Too bad accountants don't have to drive those weak ass tractors.