FDX: any news on the USPS contract renewal
#61
Retirement seems to be working out great so I don't get here very often anymore. However, that said, I thought I'd comment on the USPS contract and how I believe it will effect UPS. Knowing what you all know about your (UPS) management and the methods they've used to "grow" your flight department, why would anyone believe that UPS has actually presented a viable bid for this upcoming contract. I suspect that when the dust settles, UPS will be carrying the same amount of USPS cargo that they carry today, and not one package more. Just my guess.
JJ
JJ
It's a dawn of a new era at UPS. Rumors are permeating everything in the airline. Anywhere from 1/3 to 1/2 of the contract to UPS. Management will truck much of it, but they are expecting to get it. Wish we would see the massive hiring of pilots. It may just be getting the last 44 back and hiring for attrition after that. Make no mistake though, UPS is convinced they can do it cheaper than FDX can.
#63
Gets Weekends Off
Joined APC: Aug 2006
Position: leaning to the left
Posts: 4,184
In 2006 you guys asked for less pay than what UPS had already agreed to pay us. We nearly had a done deal but ALPA went to the NMB asking for less than what we had already negotiated. UPS took it off the table. It's a simple truth and not intended to offend the rank and file line pilot at FDX. But your union representation is an absolute joke.
It is True. ALPA FDX did come in at around 212 an hour. UPS IPA was very close to getting 250 an hour. This was in 2006 Remember. So the Top hourly pay would be much higher today.
So the Mediator said no way IPA. And so did UPS. When they settled for 223. Imagine what ALPA got? 224! ALPA did wimp out and came in at 212 an hour for who knows why.
My biggest beef is the EGO's involved. Why can't ALPA and the IPA talk before doing this?
And to really go Crazy, Delta and UAL pay in 2004!!! was 318.00 an hour for top widebody and 262.00 for 767 pay. EIGHT years ago. In todays dollars with 2% inflation, we would be way up there.
9-11 was a blessing for UPS and FDX. When it comes to pay for the pilots.
So the Mediator said no way IPA. And so did UPS. When they settled for 223. Imagine what ALPA got? 224! ALPA did wimp out and came in at 212 an hour for who knows why.
My biggest beef is the EGO's involved. Why can't ALPA and the IPA talk before doing this?
And to really go Crazy, Delta and UAL pay in 2004!!! was 318.00 an hour for top widebody and 262.00 for 767 pay. EIGHT years ago. In todays dollars with 2% inflation, we would be way up there.
9-11 was a blessing for UPS and FDX. When it comes to pay for the pilots.
And, 9-11 was a blessing for UPS/FDX pilots as far as pay? Good grief, man.
It's almost as if you live in some kind of reverse universe.
#64
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Is that what they told you? Money is always one of the final, if not the final item that is AGREED to in contract negotiations. To say that UPS agreed to $250/hr and then withdrew it before it could be signed, sounds like a bit of a stretch. But, I'm sure that the rumor mill over there would never include anything misleading.
What kind of world do you guys live in? ALPA asked for $212...But, got $224? That would be some pretty good negotiating!
And, 9-11 was a blessing for UPS/FDX pilots as far as pay? Good grief, man.
It's almost as if you live in some kind of reverse universe.
What kind of world do you guys live in? ALPA asked for $212...But, got $224? That would be some pretty good negotiating!
And, 9-11 was a blessing for UPS/FDX pilots as far as pay? Good grief, man.
It's almost as if you live in some kind of reverse universe.
No we dont negotiate anything. Fred gives it to us. That is why we are supposed to hate him. I know it make perfect sense to me too.
#66
NEW YORK -- The U.S. Postal Service's announcement that it plans to end Saturday mail deliveries apparently had little effect on shares of private-sector competitors FedEx and UPS.
In Wednesday afternoon trading, shares of FedEx Corp. were up 68 cents _ barely more than the cost of a first-class stamp _ to $105.75, while United Parcel Service Inc. was down 16 cents to $80.64.
Citigroup called the end of Saturday service a "baby step" toward fixing the Postal Service's financial problems, and one that would have little impact on competitors.
Citi analyst Christian Wetherbee said closing some branch post offices would mean more to FedEx and UPS, because it could save them money on products that involve Postal Service delivery.
FedEx offers SmartPost and UPS has SurePost. Both companies use those services to ship light parcels to post offices near recipients' homes or offices. The Postal Service then delivers them. It's usually slower than regular ground service, but cheaper. Some big shippers use it to send parcels to consumers.
Wetherbee figures if there are fewer rural post offices, FedEx and UPS will be able to consolidate their SmartPost and SurePost shipments to fewer locations and save money.
Meanwhile, FedEx is waiting to hear from the Postal Service about its expiring contract for air-shipping express and priority mail, which generates about $1.3 billion in annual revenues for FedEx. Wetherbee expects FedEx will hang on to most or all of the business but is likely to see a rate cut because of the post office's financial situation.
Citigroup has "Buy" ratings on FedEx and UPS shares
In Wednesday afternoon trading, shares of FedEx Corp. were up 68 cents _ barely more than the cost of a first-class stamp _ to $105.75, while United Parcel Service Inc. was down 16 cents to $80.64.
Citigroup called the end of Saturday service a "baby step" toward fixing the Postal Service's financial problems, and one that would have little impact on competitors.
Citi analyst Christian Wetherbee said closing some branch post offices would mean more to FedEx and UPS, because it could save them money on products that involve Postal Service delivery.
FedEx offers SmartPost and UPS has SurePost. Both companies use those services to ship light parcels to post offices near recipients' homes or offices. The Postal Service then delivers them. It's usually slower than regular ground service, but cheaper. Some big shippers use it to send parcels to consumers.
Wetherbee figures if there are fewer rural post offices, FedEx and UPS will be able to consolidate their SmartPost and SurePost shipments to fewer locations and save money.
Meanwhile, FedEx is waiting to hear from the Postal Service about its expiring contract for air-shipping express and priority mail, which generates about $1.3 billion in annual revenues for FedEx. Wetherbee expects FedEx will hang on to most or all of the business but is likely to see a rate cut because of the post office's financial situation.
Citigroup has "Buy" ratings on FedEx and UPS shares
#68
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
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