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UPS Lowers 2Q Earnings Expectations
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<blockquote data-quote="BLACKBOX" data-source="post: 358814" data-attributes="member: 6700"><p>I don't think UPS can keep going without making adjustments to the slowing economy. Company's are either consolidating or downright closing their doors. This is only the beginning of what will be some kind of drastic action taken to somehow deal with what could be $5.00 gas by the end of summer for regular.</p><p></p><p>I already had one customer complain to me about the $9.00 gas surcharge for a small package. Purse strings are being tightened and they will squeeze every ounce of productivity out of you. </p><p></p><p>Don't believe UPS won't ask the union for concessions or face system wide layoffs. The stimulus package was nothing but a temporary distraction. Sock money away if you feel you don't have the seniority to get you through times you're not getting your hours.</p></blockquote><p></p>
[QUOTE="BLACKBOX, post: 358814, member: 6700"] I don't think UPS can keep going without making adjustments to the slowing economy. Company's are either consolidating or downright closing their doors. This is only the beginning of what will be some kind of drastic action taken to somehow deal with what could be $5.00 gas by the end of summer for regular. I already had one customer complain to me about the $9.00 gas surcharge for a small package. Purse strings are being tightened and they will squeeze every ounce of productivity out of you. Don't believe UPS won't ask the union for concessions or face system wide layoffs. The stimulus package was nothing but a temporary distraction. Sock money away if you feel you don't have the seniority to get you through times you're not getting your hours. [/QUOTE]
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