UPS Q2 earnings released today 8/8

[Thebrownblob]

People need to quit spending so much

@MECH-II ?

 

[Appvol]

So UPS they only made 2.8 Billion in profit for the 2nd quarter but it wasn’t as good as last year

 

[Emergency Conditions]

The last 3 year span was an anomaly and should be disregarded in growth models tbh.

 

[Over70irregs]

People need to quit spending so much

I just don’t understand but then I think they know we have no choice but to print. If they cannot buy a house or car they will take an injection and get skinny and go shopping ….

 

[IVE GOTTA PACKAGE 4U]

I just don’t understand but then I think they know we have no choice but to print. If they cannot buy a house or car they will take an injection and get skinny and go shopping ….

Nobody wants to save anything it's all the
YOLO mentality

 

[MECH-II]

@MECH-II ?

I’m seriously so broke right now lol

 

[IVE GOTTA PACKAGE 4U]

I’m seriously so broke right now lol

Shocking

 

[burrheadd]

Will be a lot of lower paid drivers in the Central States after everyone retires the next year

Carols playing the long game
Get rid of a bunch of pensions now
Then next contract buy everybody else out
Poof pension obligations gone
Wall Street jumps up and down they are so happy

 

[IVE GOTTA PACKAGE 4U]

Carols playing the long game
Get rid of a bunch of pensions now
Then next contract buy everybody else out
Poof pension obligations gone
Wall Street jumps up and down they are so happy

She can buy me out today

 

[Brownsocks]

Carols playing the long game
Get rid of a bunch of pensions now
Then next contract buy everybody else out
Poof pension obligations gone
Wall Street jumps up and down they are so happy

As a shareholder and employee I have no confidence in her leadership. I hope she is bounced out on her butt before the next one.

 

[UnionStrong]

Carols playing the long game
Get rid of a bunch of pensions now
Then next contract buy everybody else out
Poof pension obligations gone
Wall Street jumps up and down they are so happy

Probably why they’re propping up some funds, anticipating more retirements.

 

[DriverNerd]

Kinda surprised UPS delayed the report until after the tentative agreement. People were saying it was because they would show big profits and hurt their negotiations but they were way down from last year.

Saw another article today saying UPS's outlook for the coming year isn't good between a slowing economy and much higher wage costs. On top of the lost business due to breakdown in talks last month.

They still are paying out billions for dividends and stock buy back.

 

[I have NOT been lurking]

I’m seriously so broke right now lol

Stop shoving things up your ass

 

[Coldworld]

She can buy me out today

Get a room

 

[IVE GOTTA PACKAGE 4U]

Get a room

The strike bunker is fully operational
I hired a bunch of illegal Mexicans to finish all the upgrades

 

[Coldworld]

The strike bunker is fully operational
I hired a bunch of illegal Mexicans to finish all the upgrades

 

[KearsargeCoop]

Has UPS ever done a pension buyout? With the influx of new drivers in the last 3 years I kind of suspected them to consider something like that this contract.

 

[Over70irregs]

I was told never ever give up pension. It is the only thing that sets us apart. We are it guys without us the blue collar man is donzo.

 

[Over70irregs]

Nobody wants to save anything it's all the
YOLO mentality

The government wants us caked up with debt so we turnover like a turtle in the sun and beg to be turned over.

 

[moldsporh]

because they would show big profits and hurt their negotiations but they were way down from last year.

Or UPS bought alot of equipment before the end of Q2

The market has been a roller coaster ride with inflation, it will stabilize and grow again. Takes time for people to realize they need to cut spending and adjust their lifestyle.

It will bounce back, and we will be plenty busy for peak.