2010 wage benefit consession

Discussion in 'Standard Forwarding' started by STDF.MSP.honestlogs, Feb 16, 2015.

  1. STDF.MSP.honestlogs

    STDF.MSP.honestlogs Member

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    Teamsters loss was companies gain. The $9 million plus per year we lost was enough to have an operating profit of 9+ percent based on $100 million in sales. Looking at it another way our concession was enough money to buy STDF outright for cash more than twice over. What does DHL have invested in STDF? The money for new equipment comes out of STDF profits.

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