Amazon to buy UPS

[TearsInRain]

Well that's kinda what I wondering, us old folks are locked in, but in the next contract will they start trying to wean off future employees, and if that's good or bad , I sure don't know.

it's great if you know basic investing, if you're a complete mongoloid then well you're probably screwed in life no matter what

 

[Mugarolla]

Well that's kinda what I wondering, us old folks are locked in, but in the next contract will they start trying to wean off future employees, and if that's good or bad , I sure don't know.

Since H&H have a Brownout going again this contract year, we do not know what UPS really wants.

The rumors were that they did want to dump the defined pension for a matching 401K for all new employees.

Only time will tell.

 

[SmithBarney]

But seriously, they'd take aim at FedEx Express division, for the network... 75% of Express is already AMZ packages.

 

[PT Car Washer]

But seriously, they'd take aim at FedEx Express division, for the network... 75% of Express is already AMZ packages.

While I was running a UPS letter box pick up route this winter, I think 75% of the packages were Amazon returns.

 

[SmithBarney]

While I was running a UPS letter box pick up route this winter, I think 75% of the packages were Amazon returns.

Amazon will use the cheapest way to get returns back home...there is no commit so I understand that... Even personal returns have gone FXG or UPS Ground.

 

[Staydryitsraining]

Amazon will own usps before us or fed ex

 

[SmithBarney]

Amazon will own usps before us or fed ex

I don't know, can't see a big enough benefit there, the largest expense is the staff, they want infrastructure, and USPS still relies heavily on FDX and UPS for transport, they want to own the transportation lanes.

 

[Staydryitsraining]

I don't know, can't see a big enough benefit there, the largest expense is the staff, they want infrastructure, and USPS still relies heavily on FDX and UPS for transport, they want to own the transportation lanes.

Im going to guess it would cost 130b to buy ups, provided if the union could or would allow it. Amazon is anti union and anti human so they would probably get rid of most of the work force and wages from the acquired company they bought. Im also not sure how they would handle the pension side, im guessing because its a contractual agreement amazon would trouble with that.Amazon doesnt have the money to buy any of the top three so they will probably just continue to grow out what they are doing. Truth is Amazon will do to the shipping companies what they are doing to retail companies. Slowing making them go out of business. From a business stand point its genius provided you have money to burn, from a societal stand point I dont agree with it because its putting people out of jobs and killing wages. Lower prices so much that everyone uses your services until your competitors go out of business and you capture the market, then you can do whatever you want. I personally think Jeff bozo is a lunatic and anyone who thinks like him. Lower costs and raise profits, getting rid of human labor costs. The problem is if people cant work they cant buy things and if people cant buy things they wont use the services. They make how much money and pay their people so little, same with walmart. There is no possible explanation to wanting that much money while you pay and treat your workers as they do unless your hell bent on power and taking over control.

 

[Staydryitsraining]

Im going to guess it would cost 130b to buy ups, provided if the union could or would allow it. Amazon is anti union and anti human so they would probably get rid of most of the work force and wages from the acquired company they bought. Im also not sure how they would handle the pension side, im guessing because its a contractual agreement amazon would trouble with that.Amazon doesnt have the money to buy any of the top three so they will probably just continue to grow out what they are doing. Truth is Amazon will do to the shipping companies what they are doing to retail companies. Slowing making them go out of business. From a business stand point its genius provided you have money to burn, from a societal stand point I dont agree with it because its putting people out of jobs and killing wages. Lower prices so much that everyone uses your services until your competitors go out of business and you capture the market, then you can do whatever you want. I personally think Jeff bozo is a lunatic and anyone who thinks like him. Lower costs and raise profits, getting rid of human labor costs. The problem is if people cant work they cant buy things and if people cant buy things they wont use the services. They make how much money and pay their people so little, same with walmart. There is no possible explanation to wanting that much money while you pay and treat your workers as they do unless your hell bent on power and taking over control.

Thats super long, sorry, wrote it while im on the commode.

 

[Box Ox]

Amazon will own usps before us or fed ex

Id bet on them being willing to pay more for FedEx to get larger facilities, better network/capital and no obligation to deliver everyone’s mail. USPS isn’t built for anything but the smallest packages Amazon is sending out.

 

[Staydryitsraining]

Id bet on them being willing to pay more for FedEx to get larger facilities, better network/capital and no obligation to deliver everyone’s mail. USPS isn’t built for anything but the smallest packages Amazon is sending out.

But from what ive seen thats all they are interested in. The areas of the country who have essentially lost amazon still deliver the big boxes from amazon. Amazon says jump and the usps says how high. My example would be the massive hiring they did and the delivering on sundays just for amazon. I wouldnt be surprised if bozo already has a plan to take it over.

 

[Box Ox]

Amazon says jump and the usps says how high.

They’ve got USPS by the balls, for sure. But limiting it to ownership without being an actual owner might be preferable for Amazon. Similar to having a friend with benefits without having to put a ring on it.

 

[Non sequitur]

I don't know why this keeps coming up. We're NOT being sold to Amazon, but rather to Ben & Jerrys. New flavors will include "Teamster Tears" and "Golden Parachute"

Browncafe BS flavor full of nuts and banana's

 

[1BROWNWRENCH]

Thats super long, sorry, wrote it while im on the commode.

Need more fiber.

 

[oldngray]

Need more fiber.

 

[35years]

Thats super long, sorry, wrote it while im on the commode.

That's OK, no one read it.

 

[Brian Obery]

I've heard this rumor for a few months now. Does anyone have any reliable information on it? Is this just a rumor?

Amazon doesn't need to buy UPS. They already have the infrastructure to start their own delivery. They have a more efficient distribution centers. All they need it to start building satellite centers. They are non union so they can pay half of what UPS drivers make. Jeff Bezos keeps reinvesting profits back into the company. He is aiming to dominate all facets of product delivery and distribution.

 

[john chesney]

I've heard this rumor for a few months now. Does anyone have any reliable information on it? Is this just a rumor?

I could see Warren Buffett buying UPS....

If he took a walk through our center he would wonder how we’re still in business

 

[Staydryitsraining]

If he took a walk through our center he would wonder how we’re still in business

Ahahahahaha. I wonder the same damn thing in my building.

 

[john chesney]

Thats super long, sorry, wrote it while im on the commode.

If you were on the clock you’d be my hero