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<blockquote data-quote="Ancient Alien" data-source="post: 4474208" data-attributes="member: 70963"><p>It's a hard read for me on how the stock market as a whole has done so well during the pandemic. </p><p></p><p>As far as UPS, I believe it's a forward outlook of losing those lower margin Amazon packages. UPS profits from Amazon over FedEx profiting from Amazon by pure volume. Two here, 3 there, 5 more there. I read once a long time ago that Subway profited more than McDonald's. This was before kiosks and double lane drive thrus. I still couldn't believe it because cars in line 7-9 deep at lunch at McDonalds and 3 cars in line at Subway and 50% less eating inside and it was like that all over the country. It was because Subway had more stores than McDonalds world wide and profited a lot more than MickeyD's on each order.</p><p></p><p>UPS is still running strong on sheer volume and distribution. I don't want higher USPS rates personally but that would help too.</p><p></p><p>The online retailer told customers that the service, Amazon Shipping, will be paused starting in June, according to the Wall Street Journal, which was first to report the change. </p><p></p><p>Amazon is suspending the service because it needs people and capacity to handle a surge in its own customers’ orders, the Journal reported, citing sources.</p><p></p><p>Amazon will be focusing on their company reducing UPS revenues. Not to mention UPS will get back non-Amazon customers during a spooky pandemic increasing the odds UPSer's catch the virus over Amazon employees.</p><p></p><p>Still, UPS and others are doing good. If you told me at Christmas that 30-million Americans would be on unemployment by April I would of believed stocks would of went under 2008 recession levels.</p></blockquote><p></p>
[QUOTE="Ancient Alien, post: 4474208, member: 70963"] It's a hard read for me on how the stock market as a whole has done so well during the pandemic. As far as UPS, I believe it's a forward outlook of losing those lower margin Amazon packages. UPS profits from Amazon over FedEx profiting from Amazon by pure volume. Two here, 3 there, 5 more there. I read once a long time ago that Subway profited more than McDonald's. This was before kiosks and double lane drive thrus. I still couldn't believe it because cars in line 7-9 deep at lunch at McDonalds and 3 cars in line at Subway and 50% less eating inside and it was like that all over the country. It was because Subway had more stores than McDonalds world wide and profited a lot more than MickeyD's on each order. UPS is still running strong on sheer volume and distribution. I don't want higher USPS rates personally but that would help too. The online retailer told customers that the service, Amazon Shipping, will be paused starting in June, according to the Wall Street Journal, which was first to report the change. Amazon is suspending the service because it needs people and capacity to handle a surge in its own customers’ orders, the Journal reported, citing sources. Amazon will be focusing on their company reducing UPS revenues. Not to mention UPS will get back non-Amazon customers during a spooky pandemic increasing the odds UPSer's catch the virus over Amazon employees. Still, UPS and others are doing good. If you told me at Christmas that 30-million Americans would be on unemployment by April I would of believed stocks would of went under 2008 recession levels. [/QUOTE]
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