I've just never seen a corporation aim for what looks like losses but yet tell everyone in their financials that they had earned 3.9billion dollars!!With that many losses you would think top executives would be fired??In most cases top executives would be laid out on their heads on the streets.Its just not believable anymore.Certainly the labor wouldn't all be at fault as much as the direct management would be.Then we allow PTS and they still show a loss!!!These people are imbasols in management.
Before posting, please learn how to read a financial report! This is from the 5/3/2018 SEC filing. First numbers are Q1 2018, the second is Q1 2017. BIG difference between operating revenue and EARNINGS! Do you even comprehend what an O/R of 100.9 MEANS????
Operating revenue (in millions) $ 751.3 $ 728.9 3.1 %
Operating income (in millions) $ (6.9 ) $ (7.5 ) 8.0 %
Operating ratio 100.9 101.0 0.1 pp
Total tonnage per day (in thousands) 23.60 24.18 (2.4 )%
Total shipments per day (in thousands) 38.59 40.40 (4.5 )%
Total picked up revenue per hundredweight incl FSC $ 24.94 $ 23.53 6.0 %
Total picked up revenue per hundredweight excl FSC $ 21.99 $ 21.06 4.4%
Total picked up revenue per shipment incl FSC $ 305 $ 282 8.3 %
Total picked up revenue per shipment excl FSC $ 269 $ 252 6.7 %
Total weight/shipment (in pounds) 1,223 1,197 2.2 %