UPS beats estimates
10-31-2022 | 04:29 AM
#31
Aspiring PSA Captain
Joined: Sep 2020
Posts: 1,146
Likes: 200
The contractor model is failing. UPS drivers make more and don’t have to maintain the cost of the vehicles. UPS drivers have pensions and benefits. UPS is much more profitable by using ground for air and making service. Trucks are much cheaper than aircraft. Over the past 2 years I’ve had multiple service failures with FDX Express and Ground. Not one with UPS or USPS. Amazon, that’s a different story. AMZ is a contractor model though.
10-31-2022 | 07:42 AM
#32
Gets Weekends Off
Joined: Mar 2014
Posts: 185
Likes: 0
not trolling and not a UPS Pilot and I don't work for UPS.. Both companies were around when online shopping began... There is no more Speigles except in a new form or Sears.... Last time I checked, Amazon, Chewy and Best Buy all began after FDX, Walmart and Target major expansions nationwide took place after FDX was already operational. Both companies didn't have an online page then. Nice try though.
10-31-2022 | 07:44 AM
#33
Gets Weekends Off
Joined: Mar 2014
Posts: 185
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It's a bit unclear since you posted the link with no comment, but it looks like you may have been trying to support your claim that UPS walked away from the deal.
The first line of the second paragraph of the UPS Press release you posted:
"As anticipated, the European Commission (EC) has issued a formal decision prohibiting the proposed acquisition of TNT Express."
It goes on to explain that the Offer for TNT Express had an Offer Condition relating to EU Competition Clearance, and that condition was not met.
So, characterizing it as UPS walking away from the deal is sort of like saying you quit after you've been fired. Either way you're no longer employed, but it wasn't your wise choice.
.
The first line of the second paragraph of the UPS Press release you posted:
"As anticipated, the European Commission (EC) has issued a formal decision prohibiting the proposed acquisition of TNT Express."
It goes on to explain that the Offer for TNT Express had an Offer Condition relating to EU Competition Clearance, and that condition was not met.
So, characterizing it as UPS walking away from the deal is sort of like saying you quit after you've been fired. Either way you're no longer employed, but it wasn't your wise choice.
.
10-31-2022 | 08:30 AM
#34
Gets Weekends Off
Joined: Aug 2006
Posts: 1,813
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not trolling and not a UPS Pilot and I don't work for UPS.. Both companies were around when online shopping began... There is no more Speigles except in a new form or Sears.... Last time I checked, Amazon, Chewy and Best Buy all began after FDX, Walmart and Target major expansions nationwide took place after FDX was already operational. Both companies didn't have an online page then. Nice try though.So you are just a Troll on both of our boards.
11-01-2022 | 01:29 AM
#36
Banned
Joined: Oct 2019
Posts: 923
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How is chasing revenue at any cost going for you? How is that long term debt to chase that revenue going for you?
11-01-2022 | 06:19 AM
#38
Gets Weekends Off
Joined: Aug 2006
Posts: 1,813
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Yeah, they remind me of those little boys who would pull the hair of the girl they liked just to get her attention. They must be really unhappy at brown. Not to mention how sad it is that they spend so much time on the boards of other airlines. I guess they never got that girl. LOL!
11-01-2022 | 08:43 AM
#39
Banned
Joined: Oct 2019
Posts: 923
Likes: 0
Yeah, they remind me of those little boys who would pull the hair of the girl they liked just to get her attention. They must be really unhappy at brown. Not to mention how sad it is that they spend so much time on the boards of other airlines. I guess they never got that girl. LOL!
11-01-2022 | 09:09 AM
#40
Gets Weekends Off
Joined: Nov 2017
Posts: 2,174
Likes: 1
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