There was a article I believe by Bloomberg stating that if FDX had a hiccup of any major proportions, it would quickly eat up any cash they had. UPS on the other hand, would not have to worry because they have plenty of cash and own just about everything.
Its much deeper than any of us know. We are the bargaining chip for the 2008 parcel contract and then some. Ups and the Teamsters both have an agenda. So sit back and enjoy the ride!
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.