Rick Ross
I'm into distribution!!
Loss was because of a $1.8 billion pension charge, it's not like they were in the red for the quarter.
Ups did finally release Amazon numbers from 2019. Amazon spent $8.6 billion or 11.6% of revenue.
Amazon is probably 11.6% of revenue but 20% of packages processed. I think UPS is paying for all the growth with Amazon and will eventually give them the boot or charge them higher rates.
Ups did finally release Amazon numbers from 2019. Amazon spent $8.6 billion or 11.6% of revenue.
Amazon is probably 11.6% of revenue but 20% of packages processed. I think UPS is paying for all the growth with Amazon and will eventually give them the boot or charge them higher rates.
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