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Postal is the wildcard. It's my understanding we currently have 5-10% so getting 30-40% and adding 20+ 2day air flights would be game changing. Nothing personal Baghdad Bob. You're just the typical pilot who thinks he is smarter than everyone else. Remember I'm the night school MBA. What I learned is everyone thinks they can outdo management. The fact is that UPS makes billions doing what works and that has nothing to do with anything we postulate. |
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this is from 2010 - I have removed contracts that were not for air cargo e.g. trucking and other support contracts. complete list here: http://www.huschblackwell.com/images...iersFY2010.pdf Rank - Supplier Name -FY10 Amount 1 Federal Express Corporation $1,373,140,689 3 Kalitta Air LLC* $371,823,791 12 United Parcel Service Co* $95,068,821 13 Continental Airlines* $92,632,025 16 United Airlines Inc* $86,937,922 21 American Airlines Inc $66,295,225 33 Delta Airlines* $45,703,455 45 Alaska Airlines $33,496,067 53 Japan Airlines Co Ltd $26,145,901 54 US Airways Inc $25,128,394 there are more airlines but I got tired of cut/paste |
These numbers are total bogus. FDX currently has 85% of the contract. There is no way they will lose that much. FDX will maybe go to 60%. And that might be pushing it.
UPS will go from the current 2% to about 15-20%. |
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OK...I'll summarize for you so you don't take me any more out of context than you already have. Up until Davis, the leadership of UPS, while hard core knee breakers had an obsession with the concept of servicing the customer at all costs, as well as cost control and top heavy, overbearing management. But they had all worked their way up the ladder, and indeed bled brown to the core. Davis OTOH has approached the business in a new way, borrowing from several disciplines, not the least of which being the actuarial table/holy book of the insurance industry. Now, for example a far larger number of service failures are not only acceptable (they were never in the past), but are artfully leveraged to enhance profit. They used to have resources (planes, trucks, people) at the ready (flying "failsafe/chrome dome" patterns) during the NDA outstation launches and actually would launch a Lear for one package. Now, they have all the drivers out until 8PM, have reduced reserves dramatically, are shoving ten pounds into five pound bags with us and countless other things which reduce what once was the oracle of the company...servicing the customer. Now its all about increasing the dividend at the expense of everything else. Service takes a distant back seat...Casey is rolling over in his grave. And then lie to the customer about the cause of the service failure knowing (from insurance companies) that many people will not jump through the hoops to get their refund. I had a package not make it from LA (ground shipment) during hurricane Sandy, and they blamed it on the hurricane and refused to refund...I live in northern CA. But I got MY refund. Do some research about how much debt UPS now has, as opposed to virtually none in the old days. Most of it is being used to buy back stock, not enhance or grow the business. Bear in mind I have a pretty large chunk of stock and dividends are good...I'm a capitalist. But I have far more invested in the growth of the air side of this company, and apparently unlike you give a crap about those below me on the list...my captain seat is safe...unless Davis really does Gecko this place. I don't just carry an IPA card like you, I actually know what that means. Oh...and speaking of which, it wasn't know-it-all pilots who created the financial collapse, it was Harvard MBAs...so don't break your arm patting yourself on the back, sport, it's getting older than you. |
BRAVO !!!and i'm not even a UPS guy.
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[QUOTE it's getting older than you.[/QUOTE]
Bob, Sadly, he's not old at all. Fairly young, actually. I hope he never gets involved in union business, otherwise we'll be screwed. |
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I bet he has a signed picture of Davis in his bedroom...sigh. |
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Picture of Davis LOL |
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