Lineandinitial
Legio patria nostra
LOL.
767-3JHF Line # 982 built 2009. Currently on lease to Tasman Cargo Airlines.
We won't get N378UP (1st of new block) until next year.
UPS telling you they have no money?
- Thread starter Over70irregs
- Start date
767-3JHF Line # 982 built 2009. Currently on lease to Tasman Cargo Airlines.
We won't get N378UP (1st of new block) until next year.
DELACROIX
In the Spirit of Honore' Daumier
Sounds like you might be familiar with the recent IPA Contract… question:
Since the union pilots, mechanics and support members are under the UPS Retirement Plan, the same as the management are their pension benefits frozen also?
Lineandinitial
Legio patria nostra
You don't even want to know what the Line Pilots get in terms of their "Defined Pension Plan". The Acft Mechanics (anyone in Local 2727 and maybe some distant Locals that are also doing acft MX work) are doing quite well also.
The management (non-union) people had the Pension ceased this year.
Some got a hefty one-time bump to kind of compensate, but you had to be a Mgr, Director and up.
"Support Members" cover a lot of areas. Union and Non-union. If they are 2727 or equivalent, they're fine for now. Pilots will always be fine +++...
Over70irregs
Well-Known Member
fxdwg
Long Time Member
Is that after DHL buys the airline?
Lineandinitial
Legio patria nostra
LOL. DHL is too smart to own an airline. They've been around for 50+ years doing ACMI (Acft/Crew/MX/Insurance) and will continue to grow and prosper while UPS and FDX struggle with internal costs and strife. Their colors are on a huge number of airplanes that are operated by about 15 different Operators (airlines). They're pretty smart.
Over70irregs
Well-Known Member
Somebody is not skipping lunch and breaks…..
People are just panicking
That quarterly report wasn't that bad
Over70irregs
Well-Known Member
Somehow we always find a way to make $. There is obvious shift in retail. Consolidation is top priority. Unlike regular companies layoffs at Brown are never permanent.
Pullman Brown
Well-Known Member
Employees need to listen to the earnings call. Here are a few highlights that I can remember:
1. January volume was what they predicted. February was a little higher than anticipated. March was down which surprised them. April stabilized.
2. Thirty percent of the volume, for the highest ever, was small/ medium size business which produces higher profits. They want to move away from Amazon because they offer them such a high discount.
3. They still have many levers to pull from to control costs.
4. Consumer behavior is changing as everybody knew it would.
Those are just a few. No need to panic!
People are running out of disposable income.
Credit card debt is rising dramatically.
Even though I live within my means I have noticed I have less cash available to put away in my savings
Over70irregs
Well-Known Member
Brown getting lean like candy bar industry. Take notes
I have NOT been lurking
Degenerate Member
The toblerones look like a joke now
Lineandinitial
Legio patria nostra
Approx $7500 less per year for an average wage-earner.
Guess whose pockets out money is going into homie.
Lots of people are struggling right now
Lineandinitial
Legio patria nostra
Lots of new illegal / New Democrat mouths to feed, clothe, house, etc.
FJB
eats packages
Deranged lunatic
This is widespread economic news, shipping rates are getting a haircut nationwide. March was particularly cruel.
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