Originally Posted by
BoilerUP
Yeah, they only made $745M in net income last quarter, the wheels are really coming off the train.
Exactly what I thought someone would say.
They’re expecting a tough road in 2020 15-20% hit. Plus earlier this year their fiscal 4th qtr was a loss of 1.97B (thats with a B)
Breaking from AMZ was a good move, one that UPS cant sustain. I just wouldn’t be on they bottom on their seniority list for the next couple years. Actually as for as that goes I probably wouldn’t do brown either.
Amazon is going to hit this market HARD over the next 5yrs and it will he done with ACMI and contract labor on the ground and in the air. Unless something changes I just dont see any silver lining.