UPS making good progress on DHL deal
07-22-2008, 08:34 AM
#1
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UPS making good progress on DHL deal
Hopefully we will get this deal signed soon.
CHICAGO, July 22 (Reuters) - Package delivery company United Parcel Service Inc (UPS.N: Quote, Profile, Research, Stock Buzz) is "making good progress" on concluding a 10-year agreement to provide North American air service for DHL, the company's top official said on Tuesday.
UPS and the express unit of Deutsche Post (DPWGn.DE: Quote, Profile, Research, Stock Buzz) said during the second quarter that they were working on an agreement for UPS to haul DHL's express, deferred and international packages within the United States and between the United States, Canada and Mexico. (Reporting by Nick Carey, editing by Gerald E. McCormick)
CHICAGO, July 22 (Reuters) - Package delivery company United Parcel Service Inc (UPS.N: Quote, Profile, Research, Stock Buzz) is "making good progress" on concluding a 10-year agreement to provide North American air service for DHL, the company's top official said on Tuesday.
UPS and the express unit of Deutsche Post (DPWGn.DE: Quote, Profile, Research, Stock Buzz) said during the second quarter that they were working on an agreement for UPS to haul DHL's express, deferred and international packages within the United States and between the United States, Canada and Mexico. (Reporting by Nick Carey, editing by Gerald E. McCormick)
07-22-2008, 09:55 AM
#2
With The Resistance
Joined APC: Jan 2006
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Posts: 6,191
The deal is done, DHL has already taken action to get rid of ABX and ABX's parent company has been delisted on the Russell 2000 stock index.
I suspect they are just ironing out a few details at this point, but the moves have already started.
ABX parent dropped from Russell 2000: bizjournals.com Business News: US:UPS - MSN Money
I suspect they are just ironing out a few details at this point, but the moves have already started.
ABX parent dropped from Russell 2000: bizjournals.com Business News: US:UPS - MSN Money
07-22-2008, 10:44 AM
#3
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[QUOTE=FlyByCable;430845]Hopefully we will get this deal signed soon.
You mean so we can start our furloughs here at ABX or what? What do you mean? I guess If I were a UPS crewmember I wouldnt really care if the deal goes through or not. Of course I'm on the wrong side of the fence but UPS seems to be doing ok considering the economic times we are in. If a little more profit meant that thousands would lose thier jobs I guess I would probably pass.
You mean so we can start our furloughs here at ABX or what? What do you mean? I guess If I were a UPS crewmember I wouldnt really care if the deal goes through or not. Of course I'm on the wrong side of the fence but UPS seems to be doing ok considering the economic times we are in. If a little more profit meant that thousands would lose thier jobs I guess I would probably pass.
07-22-2008, 10:51 AM
#4
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[QUOTE=ultradrvr;430940]
UPS isn't doing this to ABX, DHL is doing this. They have chosen to use another vendor for required services. Whether we care or not isn't going to have an effect on the way these companies persue their business.
Going broke doesn't make for a good working environment.
Originally Posted by FlyByCable
Hopefully we will get this deal signed soon.
You mean so we can start our furloughs here at ABX or what? What do you mean? I guess If I were a UPS crewmember I wouldnt really care if the deal goes through or not. Of course I'm on the wrong side of the fence but UPS seems to be doing ok considering the economic times we are in. If a little more profit meant that thousands would lose thier jobs I guess I would probably pass.
You mean so we can start our furloughs here at ABX or what? What do you mean? I guess If I were a UPS crewmember I wouldnt really care if the deal goes through or not. Of course I'm on the wrong side of the fence but UPS seems to be doing ok considering the economic times we are in. If a little more profit meant that thousands would lose thier jobs I guess I would probably pass.
UPS isn't doing this to ABX, DHL is doing this. They have chosen to use another vendor for required services. Whether we care or not isn't going to have an effect on the way these companies persue their business.
Going broke doesn't make for a good working environment.
07-22-2008, 10:54 AM
#5
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[quote=ultradrvr;430940]
While I feel for the position that you and the Astar pilots are in, the fact is that UPS needs this deal to go through. So yes, I hope the deal gets done quickly to protect our junior pilots.
Originally Posted by FlyByCable
Hopefully we will get this deal signed soon.
You mean so we can start our furloughs here at ABX or what? What do you mean? I guess If I were a UPS crewmember I wouldnt really care if the deal goes through or not. Of course I'm on the wrong side of the fence but UPS seems to be doing ok considering the economic times we are in. If a little more profit meant that thousands would lose thier jobs I guess I would probably pass.
You mean so we can start our furloughs here at ABX or what? What do you mean? I guess If I were a UPS crewmember I wouldnt really care if the deal goes through or not. Of course I'm on the wrong side of the fence but UPS seems to be doing ok considering the economic times we are in. If a little more profit meant that thousands would lose thier jobs I guess I would probably pass.
While I feel for the position that you and the Astar pilots are in, the fact is that UPS needs this deal to go through. So yes, I hope the deal gets done quickly to protect our junior pilots.
Last edited by FlyByCable; 07-22-2008 at 11:03 AM.
07-22-2008, 10:57 AM
#6
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[quote=jungle;430946]
UPS isn't doing this to ABX, DHL is doing this. They have chosen to use another vendor for required services. Whether we care or not isn't going to have an effect on the way these companies persue their business.
Going broke doesn't make for a good working environment.
Exactly!!!
Originally Posted by ultradrvr
UPS isn't doing this to ABX, DHL is doing this. They have chosen to use another vendor for required services. Whether we care or not isn't going to have an effect on the way these companies persue their business.
Going broke doesn't make for a good working environment.
Exactly!!!
07-22-2008, 12:16 PM
#8
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Joined APC: May 2006
Posts: 540
Girls,
Let's not forget that this transaction is between two COMPANIES and not two PILOT groups. The two COMPANIES didn't ask the pilots before they did this and to think or act like it did is BS.
Yes, this will hurt one pilot group and benefit another. However, when you say "you got yours" or something along those lines it's pure emotion speaking. Neither pilot group had anything to say about it and a person speaking the truth (it will benefit one group but not both) doesn't mean someone means ill will towards you or your family.
Also one should not rub anothers face in their good forture (IE like some of our 60 plus brethren have done).
Everyone reach up and pull their panties out, they seem to be stuck in a wad...
Biff
Let's not forget that this transaction is between two COMPANIES and not two PILOT groups. The two COMPANIES didn't ask the pilots before they did this and to think or act like it did is BS.
Yes, this will hurt one pilot group and benefit another. However, when you say "you got yours" or something along those lines it's pure emotion speaking. Neither pilot group had anything to say about it and a person speaking the truth (it will benefit one group but not both) doesn't mean someone means ill will towards you or your family.
Also one should not rub anothers face in their good forture (IE like some of our 60 plus brethren have done).
Everyone reach up and pull their panties out, they seem to be stuck in a wad...
Biff
07-22-2008, 12:17 PM
#9
With The Resistance
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Originally Posted by ultradrvr
well there you have it....get all you can get....good to know a brother teamster is pulling for us. No need to respond, this will be my last for this thread.
07-22-2008, 12:22 PM
#10
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Position: DC-8 756/767
Posts: 1,144
I think what others are saying is that this is a done deal. The politians can cry all they want, this is going to happen. The pilots at UPS had nothing to do with the decision, but there reamains a possiblity that there could be growth or at least no furlough here. Nobody likes to see it at the expense of others, but like I said, it is a done deal. I wish everyone associated with DHL the very best, but yes, I also want the IPA membership to grow, not get smaller.
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