Originally Posted by Rock;[url=tel:3674910
3674910[/url]]Take a look at how shareholders and customers reacted to the pending UPS strike. Unlike us, the teamsters aren’t under the RLA. They’ve struck before and they’ll probably strike in the future. Their threat to strike is very real. And they were days away just a week ago. I’ll attach a link to their 1 month stock price look back. Certainly shareholders didn’t seem to care about a pending strike. And if UPS was losing customers, it didn’t show up in our bid pack. Our lines have been shrinking for months.
I agree that it’s bad to **** on the limited leverage we have. But it’s possibly worse to think we have leverage we don’t have. Nothing worse than pulling out what you think is your winning card, and having the guy across the table chuckle, pull out his winning hand and take the pot. I’ve asked several times in the last week what leverage people think we have moving into a new round of negotiations. I’d really like to know. I haven’t heard an answer yet.
UPS stock one month look back on Yahoo finance
I think the only leverage we have is trying to win a humongous government contract (Postal Contract) with unresolved labor issues. You better believe UPS and Amazon would point out that their main competitor for the postal contract has a contentious labor dispute, an overwhelming strike vote authorization, and with stale pay rates, likely an inability to fill classes should hiring need to resume.
we need that postal contract so I hope this gets resolved before the bids close otherwise it’s back to mainly night flying across most bidpacks.