UPS withdraws bid for TNT
01-14-2013, 08:31 AM
#21
done, gone skiing
Joined APC: May 2005
Position: Rocking chair
Posts: 1,601
Originally Posted by IAHDFW
Boy, FedEx makes out like a bandit on this one. They were fighting it hard, and the best part for them was they cost UPS 200 million bucks.
bortaS bIr jablu'DI' reH QaQqu' nay
translation from Klingon
Revenge is a dish best served cold
01-14-2013, 08:57 AM
#23
Gets Weekends Off
Joined APC: Oct 2006
Position: MD11 CPT
Posts: 1,077
Originally Posted by Rocco
I would not be surprised if that happened. FedEx could dictate their own terms.
UPS has not been able to put any deals like this together for years. Not sure why they even try. I am sure the fellows in Atlanta are all patting themselves on the back for a good ole college try. I believe this deal was doomed before it began. Too many analysts agreed. The surprising part for me was the $267 million price for pulling out with no stipulation that it must meet EU approval. I wish they were that careless negotiating contracts with the IPA and the Teamsters.
Tighten your belts. Catering is REALLY going to blow now.
Any bets on the Postal Contract
UPS has not been able to put any deals like this together for years. Not sure why they even try. I am sure the fellows in Atlanta are all patting themselves on the back for a good ole college try. I believe this deal was doomed before it began. Too many analysts agreed. The surprising part for me was the $267 million price for pulling out with no stipulation that it must meet EU approval. I wish they were that careless negotiating contracts with the IPA and the Teamsters.
Tighten your belts. Catering is REALLY going to blow now.
Any bets on the Postal Contract
No matter what, things worked out the way he planned.
We wanted DHL/we didn't want DHL.
We wanted TNT/we didn't want TNT.
We wanted the postal contract/we didn't want the postal contract.
01-14-2013, 09:06 AM
#24
Banned
Joined APC: Nov 2006
Position: On Food Stamps
Posts: 937
Originally Posted by Sideshow Bob
No matter what, Davis will spin everything to his advantage.
01-14-2013, 09:48 AM
#25
Gets Weekends Off
Joined APC: May 2006
Posts: 1,804
Originally Posted by Shaggy1970
Does this guy not answer to anyone? If I was on the board I would be asking for a letter of resignation due to this monumental mistake! I guess 268million dollars doesn't mean much unless you want to make a statement to the pilot group and invoke a unnecessary furlough just to show the inmates who is running the joint!
01-14-2013, 12:28 PM
#30
Gets Weekends Off
Joined APC: Aug 2006
Posts: 3,931
Originally Posted by Sideshow Bob
No matter what, Davis will spin everything to his advantage.
I hope he doesn't try to make it up to the board by concocting a way to squeeze the $267 million out of the pilots.
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