Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Is UPS “failcascading”?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Brownslave688" data-source="post: 3859552" data-attributes="member: 34439"><p>You’ve got to think about how fast the overall volume in the shipping industry is growing too. </p><p></p><p></p><p>During the recession a manager kind of put it into perspective for me. We had just had the worst year over year “loss” in the history of the company. He said 8 more quarters of this and we won’t be making money anymore. </p><p></p><p>8 quarters of progressively worse quarters on top of the worst one in the history of the company and we’d be negative. Not out of business just not in the black for once lol </p><p></p><p>Plus we’ve got about 3.5-4 billion we are paying out in dividends each year on top of the 6 billion in profits. That’s a lot of downhill. </p><p></p><p>Certainly not saying it’s not possible. Maybe just not as dire as we think.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 3859552, member: 34439"] You’ve got to think about how fast the overall volume in the shipping industry is growing too. During the recession a manager kind of put it into perspective for me. We had just had the worst year over year “loss” in the history of the company. He said 8 more quarters of this and we won’t be making money anymore. 8 quarters of progressively worse quarters on top of the worst one in the history of the company and we’d be negative. Not out of business just not in the black for once lol Plus we’ve got about 3.5-4 billion we are paying out in dividends each year on top of the 6 billion in profits. That’s a lot of downhill. Certainly not saying it’s not possible. Maybe just not as dire as we think. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Is UPS “failcascading”?
Top