UPS will give in! They gonna teach management to fly the planes too?UPS will allow the strike, spread the pain and suffering across the entire nation. Why? because UPS has more money to burn than the union and they will play hard ball. I think we all know from 2018, UPS will cut off their nose to spite their face.
In the end, it will end, yes. UPS will cut off its nose to spite its face first. This is a company that recently sold a $3 billion dollar asset for $800 million just to get rid of it. They will bring the misery to everyone involved. They will lose possibly 2 billion or more and make the teamsters drain their strike fund by $170,000,000 a week (if the number of strikers is 340,000). Wreck the small package shipping for a few months, and drain the accounts of every striker.UPS will give in! They gonna teach management to fly the planes too?
Some industry experts believe if UPS experiences a strike they will lose 30% of their volume.UPS will allow the strike, spread the pain and suffering across the entire nation. Why? because UPS has more money to burn than the union and they will play hard ball. I think we all know from 2018, UPS will cut off their nose to spite their face.
How much will they lose if they cave into the union demands? If their cost structure price forces them out of the market, they will begin to see the same fate as LTL freight. You can bet the FedEx and Amazon are watching carefully. Amazon built a nationwide delivery system in less than a year from scratch. They could easily expand that to handle commercial package delivery.Some industry experts believe if UPS experiences a strike they will lose 30% of their volume.
This approx. 30% of their union employees if that number is correct.
IF the number of teamsters at UPS is 340,000 that equals 102,000 teamster jobs.
That is high stakes poker with individuals livelihoods.
Not sure why the teamsters would do that but if that did happen it effectively ends any future organizing of union jobs in trucking.
Very risky proposition...
One thing UPS has that Amazon doesn't is a dedicated work force. Amazons turnover is not sustainable. Hopefully there will be a win/win negotiation..How much will they lose if they cave into the union demands? If their cost structure price forces them out of the market, they will begin to see the same fate as LTL freight. You can bet the FedEx and Amazon are watching carefully. Amazon built a nationwide delivery system in less than a year from scratch. They could easily expand that to handle commercial package delivery.
Teamster labor has a long history of pricing themselves out of a job.
One thing UPS has that Amazon doesn't is a dedicated work force. Amazons turnover is not sustainable. Hopefully there will be a win/win negotiation..
Some industry experts believe if UPS experiences a strike they will lose 30% of their volume.
Amazon is a trash employer, they can't keep anyone for long.That's not very risky for them because they only have one competitor. It's not like there's 20 other companies out there competently delivering packages. The only risky part to this is whether or not Amazon is actually able to get into the parcel industry and the answer is, we don't know.
Amazon is a trash employer, they can't keep anyone for long.
She certainly didn't even blink when she sold a 3 billion dollar company for 800 million. Just glad UPS sold us, this strike is gonna be brutal for all involved.If I remember correctly UPS CEO Carol Tome came to UPS with a hired gun mentality to improve the stock price. Her "build better not bigger" was 3 phases with the first to streamline/downsize management, 2nd was to rid UPS of UPSF and the 3rd I believe was to get control of package/feeders wages so she might let them walk to achieve this or at least downsizing the worker base. Home depot was pretty crappy around her time doing this......all JMHO
If I remember correctly UPS CEO Carol Tome came to UPS with a hired gun mentality to improve the stock price. Her "build better not bigger" was 3 phases with the first to streamline/downsize management, 2nd was to rid UPS of UPSF and the 3rd I believe was to get control of package/feeders wages so she might let them walk to achieve this or at least downsizing the worker base. Home depot was pretty crappy around her time doing this......all JMHO
I guess we’re hoping UPS burns, for selling us a book of lies when they purchased us! You know, the whole we’re gonna be the biggest LTL in the country!Why should you or I give a hoot what goes on at UPS ? I don't work there you might but this is a TForce page not UPS.
They got filthy rich off the over night deal and sold it off as a loss. win/win, how much was just the overnight pension worth? Correct me if I'm wrong but was it not dumped in the ups pension fund? They then went to a base retirement so much per month/per year of service?She certainly didn't even blink when she sold a 3 billion dollar company for 800 million. Just glad UPS sold us, this strike is gonna be brutal for all involved.