3Q Earnings

[catstalking]

Our competitors deliver seven days per week while we hold packages for entire zip codes regardless of service level and with no regard for medication and other time sensitive items.

I normally don't blame the Teamsters contract for holding us back (I actually think it protects us most of the time from stupidity)

a seven day network is basically impossible with our contract, there's no way to profitably pull it off; either you have a horribly two-tiered labor force (tried that, RIP) or you need a LOT of scheduling flexibility

 

[KearsargeCoop]

I normally don't blame the Teamsters contract for holding us back (I actually think it protects us most of the time from stupidity)

a seven day network is basically impossible with our contract, there's no way to profitably pull it off; either you have a horribly two-tiered labor force (tried that, RIP) or you need a LOT of scheduling flexibility

Good! Eff Sundays and might as well stop doing ground service on Saturdays and just run your air.

 

[catstalking]

just a theory, but I think a few high IQ people have a plan that after we automate the hubs, and if we can get some self-driving feeders that we can implement a 7 day network basically with a skeleton crew working the weekends with self driving vehicles doing the feeder runs so that only package driver staffing hurts us, or at the least we are putting loads into better position for our current 5 day network

 

[catstalking]

Good! Eff Sundays and might as well stop doing ground service on Saturdays and just run your air.

yeah, screw the competitors, we will offer less service, that'll show the customers how good we are!

 

[KearsargeCoop]

yeah, screw the competitors, we will offer less service, that'll show the customers how good we are!

View attachment 494088

And our competitors have really been profitable on Sunday delivery...

 

[worldwide]

What she did to Home Depot should have raised big red flags. Unless they already knew what would happen and didn't care.

What did she do at HD that raised "big red flags"?

HD stock went from $11.08 to $186.09 during her time at HD. From 2001 (when she became CFO) to 2019 (retired) it went from $117.67 to $186.09. During her time at the company, HD grew from 400 stores to 2,200 with revenue of nearly $100 billion. Its share price over her tenure increased more than 450%.

She obviously hasn't had that impact on UPS stock price. The big gains of UPS stock in the recent past were all due to a COVID bump.

 

[Commercial Inside Release]

HD stock went from $11.08 to $186.09 during her time at HD. From 2001 (when she became CFO) to 2019 (retired) it went from $117.67 to $186.09. During her time at the company, HD grew from 400 stores to 2,200 with revenue of nearly $100 billion. Its share price over her tenure increased more than 450%.

That had a lot to do with the house flipping industry, and peak boomer cashflow. Only things close were the post WW2 Servicemen's Readjustment Act of 1944, and the Homestead Act.

 

[TheBrownNote]

Carol effed up Home Depot. She is now effing up UPS. I can't believe the board lets her get away with it. Time to throw in the towel and move on.

Women should not be placed in such places of Authority, over men.

 

[moldsporh]

Everyone is down, this is the big wave from inflation. Markets adjust, gets crazy, but keep pushing on.