Loss of USPS contract…
04-01-2024 | 07:15 AM
#11
Line Holder
Joined: Sep 2006
Posts: 1,209
Likes: 12
From: MD11 FO
What’s funny is they will trip over a nickel to fire 15,000 long-term employees but they claim they “walked away” from a $2.3 billion a year revenue stream?
My guess is the USPS walked away from them because we do not have labor peace, and an election year is upon us. At any rate, say goodbye to domestic day flying and 4A2C just became a bit more of a real possibility.
My guess is the USPS walked away from them because we do not have labor peace, and an election year is upon us. At any rate, say goodbye to domestic day flying and 4A2C just became a bit more of a real possibility.
04-01-2024 | 07:15 AM
#12
Line Holder
Joined: Aug 2012
Posts: 781
Likes: 14
What’s funny is they will trip over a nickel to fire 15,000 long-term employees but they claim they “walked away” from a $2.3 billion a year revenue stream?
My guess is the USPS walked away from them because we do not have labor peace, and an election year is upon us. At any rate, say goodbye to domestic day flying and 4A2C just became a bit more of a real possibility.
My guess is the USPS walked away from them because we do not have labor peace, and an election year is upon us. At any rate, say goodbye to domestic day flying and 4A2C just became a bit more of a real possibility.
04-01-2024 | 07:15 AM
#13
Line Holder
Joined: May 2006
Posts: 1,050
Likes: 32
What’s funny is they will trip over a nickel to fire 15,000 long-term employees but they claim they “walked away” from a $2.3 billion a year revenue stream?
My guess is the USPS walked away from them because we do not have labor peace, and an election year is upon us. At any rate, say goodbye to domestic day flying and 4A2C just became a bit more of a real possibility.
My guess is the USPS walked away from them because we do not have labor peace, and an election year is upon us. At any rate, say goodbye to domestic day flying and 4A2C just became a bit more of a real possibility.
04-01-2024 | 07:21 AM
#14
Banned
Joined: Aug 2019
Posts: 1,244
Likes: 0
04-01-2024 | 07:52 AM
#15
On Reserve
Joined: Apr 2022
Posts: 84
Likes: 3
04-01-2024 | 07:55 AM
#16
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Joined: Feb 2007
Posts: 536
Likes: 0
From: The IPA EB speaks for me
This was when some customers were suprised to find their "Air" packages were not done by aircraft for some city pairings.
04-01-2024 | 08:16 AM
#17
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Joined: Jan 2007
Posts: 1,201
Likes: 0
It’s federal law. Postal Reform Act of 2022. UPS will probably lose money on whatever deal they’ve made. We were these last couple years. None of this has been a secret. The good thing about financial reports is that they are carefully regulated and required to be accurate. Major penalties for lying in quarterly reports. But they actually take time to read, and aren’t nearly as interesting as Facebook apparently. So here we are.
04-01-2024 | 09:22 AM
#18
Line Holder
Joined: May 2006
Posts: 453
Likes: 4
It’s federal law. Postal Reform Act of 2022. UPS will probably lose money on whatever deal they’ve made. We were these last couple years. None of this has been a secret. The good thing about financial reports is that they are carefully regulated and required to be accurate. Major penalties for lying in quarterly reports. But they actually take time to read, and aren’t nearly as interesting as Facebook apparently. So here we are.
04-01-2024 | 09:49 AM
#20
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Joined: Jan 2007
Posts: 1,201
Likes: 0
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