yes.....public vs private......management can now freely sell stock whereas before one had a nice talk with the district manager...... most management folks have sold most if not all of their stock and are praying that there is a strike to buy back in........its not either the same company or the same environment as when ups was private.....
In the end, who wins??? And at what cost?
- Thread starter 87brown
- Start date
They have less leverage
It wasn't a public company in 1997
They do not have Wall Street to answer to
Just A UPS Guy
Bully.
It prob is Dave.
Doubleparkedrunner
Well-Known Member
While I agree with you that the language is excellent , the problem i have is that some of the excellent language being put in place was already there ; the union just doesn't seem to fight for it in the first place.
Solidifying language doesn't do us any good if the company flauts and ignores the contract at every turn.
Things like being forced in for sixth punch , contractually speaking , aren't even a legitimate thing.
So , the fact that "NOW' we have solid language against forced 6th punches doesn't move the needle for me whatsoever.
UPS does what they want , when they want and the union plays the role of "Washington Generals " in many an instance.
For this reaon alone, I'll vote "no" on any contract each and every time until the day i retire.
Trucker Clock
Well-Known Member
I shall have to find out
Is certainly you're right to vote how you want to.
This is my last contract it's excited for the next generation to have some good language
Doubleparkedrunner
Well-Known Member
Brown Down
Well-Known Member
the firest thing on google shows ups revenue at 100.3 billion and that came from "gasp" UPS's own website. Maybe you should check your other numbers before someone else looks them up to see how accurate they are. I have much better things to do.
UPS Releases 1Q 2023 Earnings. shown just a third of the way down the page.
Hopefully
Fido
Don’t worry he’s friendly
2023 and still don’t know how to mask an ip.
Smfh dumb boomers
Mplayers2006
The Most Hated Troll 😈
Company Profile
United Parcel Service, Inc. provides transportation, distribution, trade and brokerage services in more than 220 countries and territories.
investors.ups.com
Use this website and look under “our segment” and look for US domestic.
It highlights what the unionized side of the business made. also known as the package side of the business.
I under estimated the gains but was not too far off.
2021 vs. 2022 numbers highlight my point.
2021
Rev:60.3 Billion
Pro: 6.44 Billion
2022
Rev:64.21 Billion
Pro: 7 billion
We made almost 4 billion dollars more in 22 but was only able to net 660 million from those billions.
MostHelpNeeded
Well-Known Member
I follow your numbers, but what's your point? We made money.Company Profile
United Parcel Service, Inc. provides transportation, distribution, trade and brokerage services in more than 220 countries and territories.
Use this website and look under “our segment” and look for US domestic.
It highlights what the unionized side of the business made. also known as the package side of the business.
I under estimated the gains but was not too far off.
2021 vs. 2022 numbers highlight my point.
2021
Rev:60.3 Billion
Pro: 6.44 Billion
2022
Rev:64.21 Billion
Pro: 7 billion
We made almost 4 billion dollars more in 22 but was only able to net 660 million from those billions.
No one is saying when we increase revenue we should get to keep 100% of that as profits.
Brown Down
Well-Known Member
which is different than revenue ie what the company made. if you were talking gains then call it gains. BIG difference. revenue is how much the company made total. Gains is how much profit the company made with normal expenditures(rent, pay, etc etc) it is also what is made BEFORE any is put back into the company for upgrades, bonuses, dividends, etc etc.Company Profile
United Parcel Service, Inc. provides transportation, distribution, trade and brokerage services in more than 220 countries and territories.
Use this website and look under “our segment” and look for US domestic.
It highlights what the unionized side of the business made. also known as the package side of the business.
I under estimated the gains but was not too far off.
2021 vs. 2022 numbers highlight my point.
2021
Rev:60.3 Billion
Pro: 6.44 Billion
2022
Rev:64.21 Billion
Pro: 7 billion
We made almost 4 billion dollars more in 22 but was only able to net 660 million from those billions.
It still doesn't look good that a company Gained 60 Billion but is too broke to pay people. It isn't a good look that company profited 7 billion more but can't pay people. Any way you slice it "the we have nothing to give" approach only works on imbiciles and people with their heads up their asses.
brownIEman
Well-Known Member
Are you kidding?
Do the math. A 60% increase in pay to all hourly would either bankrupt the company or force it to price it's services right out of the market.
Look, the hourly payroll is by far the company's largest single expense. As it should be. If you are going to demand a 60% increase or strike, enjoy the picket line.
I will remind you the company offered you a bonus calculated off the profit of the company (as MIP is) that would have paid tens of thousands based on the record profits hit over the past 26 years. Carry and the IBT told the company to roll that offer into a tight little ball and shove it. I'm not even suggesting Carrey was wrong to do that, I'm just pointing out you were once offered a share in company profits.
Analbumcover
ControlPkgs
I'm concerned over what's actually going on. I think there is a lot the union is not telling us as we tumble towards what seems like an inevitable strike at this point. My stewards know next to nothing with both of them complaining of feeling left out of the loop by local leadership.
UPS is slow and reactive but doesn't want anything to disrupt their bottom dollar. I can't imagine Carol and Co. don't have some sort of contingency plan that could blindside the Teamsters and leave us out of work for a very long time. I hope I'm wrong and the contract gets resolved at the 11th hour.
UPS is slow and reactive but doesn't want anything to disrupt their bottom dollar. I can't imagine Carol and Co. don't have some sort of contingency plan that could blindside the Teamsters and leave us out of work for a very long time. I hope I'm wrong and the contract gets resolved at the 11th hour.
Just A UPS Guy
Bully.
They don't have a plan for Christmas and they know when that's coming. If they think they can get it done without us, they will fall on their faces. No pilots, no truck drivers, a handful of insiders and package drivers. Their master plan is to depend on their supervisors, and that's when they'll find out what we all know, they're worthless.
upschuck
Well-Known Member
You do know when you have an increase of 6%, you multiply by 1.06, and not .06?
That would give those numbers 6.7B, and not your figure of 383.4m.
Similar threads
