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<blockquote data-quote="35years" data-source="post: 3363925" data-attributes="member: 60822">The Union may be weaker than in 1997, but UPS is not in the position they were either, in 1997. A strike would be far worse for UPS now...-In 1997 UPS did not had not gone public with their stock yet. Can you imagine what a strike would do to the stock price both short and long term? UPS was able to set the stock price back then. I imagine a looming strike today would send the stock down 30%, and an actual strike perhaps 50%+. The stock would not recover for at least a year, unless the Union was completely illiminated.-In 1997 our competitors were far less equipped to handle our volume. RPS/Fed-Ex ground had barley achieved nation-wide coverage, and if I remember correctly RPS was not even delivering residentials (or perhaps a few). Fed-Ex today would poach all the best customers by offering the full array of services nationwide without the threat of a strike...ever. Imagine how Amazon would react. We would lose customers permanently since Fed-Ex can now do it all.-In 1997 the unemployment rate was lower. Plus I believe the workforce has become less enthusiastic about long hours. Part timers would not cross, they would simply get a job at Amazon or somewhere else, for the same, or better money.I imagine the cost of a strike to UPS would have to be measured in billions (or tens of billions) rather than hundreds of millions, this time around.Both sides lose big in a strike. Even bigger given today&#039;s circumstances.</blockquote>

[QUOTE="35years, post: 3363925, member: 60822"] The Union may be weaker than in 1997, but UPS is not in the position they were either, in 1997. A strike would be far worse for UPS now... -In 1997 UPS did not had not gone public with their stock yet. Can you imagine what a strike would do to the stock price both short and long term? UPS was able to set the stock price back then. I imagine a looming strike today would send the stock down 30%, and an actual strike perhaps 50%+. The stock would not recover for at least a year, unless the Union was completely illiminated. -In 1997 our competitors were far less equipped to handle our volume. RPS/Fed-Ex ground had barley achieved nation-wide coverage, and if I remember correctly RPS was not even delivering residentials (or perhaps a few). Fed-Ex today would poach all the best customers by offering the full array of services nationwide without the threat of a strike...ever. Imagine how Amazon would react. We would lose customers permanently since Fed-Ex can now do it all. -In 1997 the unemployment rate was lower. Plus I believe the workforce has become less enthusiastic about long hours. Part timers would not cross, they would simply get a job at Amazon or somewhere else, for the same, or better money. I imagine the cost of a strike to UPS would have to be measured in billions (or tens of billions) rather than hundreds of millions, this time around. Both sides lose big in a strike. Even bigger given today's circumstances. [/QUOTE]

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