what about ups freight
They are owned by UPS, a company that had almost 50 billion in revenue in 2010. That's ten times what Con-way brought in. I wished I worked for UPS.
what about ups freight
old truck said:your right all companys are different! but do u know what top 2 ltl companys dont have pensions. that would be conway & old d.
I am gonna give you one last chance to come clean on the multiple usernames, if you choose to skirt the issue again, I will ban you and you won't be back....
So what stops the company from liquidating the freight side and sinking all of the profits into the truckload side?
The big boys and stockholders still profit, and they get rid of all the hourly employees in the trucks, and keep all of their mileage drivers. That, and they get rid of something like 283 service centers, no more building or forklift upkeep, no more propane purchases, etc.
I truly believe that is one of the reasons they bought out CFI, they knew eventually enough employees would get fed up with the "enhancements" that they were planning, that they would eventually have to deal with the threat of organization among the ranks of the drivers.
Stotlar and his buddies would still have jobs, would we?
The freight side generates more than 60% of that 5 billion dollar revenue. How are you going to explain to your shareholders that your going to cut their stock price in half?? (which is what would happen) If it were to come to it, and the BOD felt the employees needed some kind of contract, then they would put somebody in charge that would work to have that done. It's not about Doug S., not about you or me.. it's about money. They'll do whatever it takes to keep that money flowing..
I don't doubt that the freight side generates that much revenue for the company, but I'm not talking about revenue, I'm talking about profit, there is a difference.
I would wager that the freight side has about 75%-85% of the Con-Way families expenses too. The truckload side has a few hundred trucks and trailers, the Menlo side has even less expenses, while the freight side has thousands of trucks and trailers, 283+ service centers, (read buildings to maintain, property taxes and utilities to pay), thousands of forklifts to maintain and keep stocked with propane.
I don't believe that the stockholders would have a problem with Dougie and the gang shutting the freight side down. They could more than make up their revenue losses if they had fewer expenses. The BOD and stockholders are more concerned about profit than revenue.
Besides I have heard several times from upper management that they would close us down, rather than work under the scrutiny of a union. The first SIC that goes union will be shutdown and the rest of the company will lose it's desire to loose their jobs....Just my opinion....
UPSF did go union and yes we did get union dues. There are a few things we didn't get also. We did not get our pay cut. We did not get vacation time cut. We did not get our pension messed with or lose any sick days. There are a few other things we got in addition to union dues such as a raise evey six months just like the contract calls for. We also now have a decent greivance process that we didn't have before we started paying dues. I'm an old Overnite man and was never for the union and am still not crazy about it ,but they have not been the big boogey men that they had always been portrayed to be.Upsf went union you know what they got......union dues!