Catatonic
Nine Lives
ups america has the highest cost structures and the lowest rate of return...all planned..all calculated and all designed to shrink the high pay scales in the us.. The party is over in the usa
Unfortunately you are probably right on target.
The part that doesn't make any sense is the part about it being planned and calculated. UPS is reacting to the market conditions and the lower cost to serve by FedEx Ground.
While UPS may run the calculations that reflect a balance sheet on the reality, they did not make this happen. Blame Fred S if you want to go in that direction.