By the way just incase no one noticed, the lead article on BC tonight specifically talks about how we are no longer the largest courier. Evidently that’s Fed Ex now, still think this is funny.
Bigger but severely lacking in the “on time” statistics. The question is….do customers care? You’d think so with everyone expecting “free” two day shipping from Amazon.
The major issue (even way before Amazon) was our labor costs. A few on this board have stated repeatedly that those costs would hurt us eventually and Tome’s strategy (along with the very article you mentioned) has shown those concerns to have been valid and realized. Whether or not we deserve our pay and benefits, and whether or not UPS can afford to pay them, is irrelevant. It’s hard to compete with competition that is able to constantly recycle bodies for a fraction of the pay while also being a publicly owned company. And the latter is how we ended up with ORION. The biggest failure/waste of money ever by UPS.
A few years back fedex stopped delivering amazon because they viewed them as competition and they wanted to focus on gaining more small medium shippers. They have also partnered with Walmart . Ups was in denial about amazon being competition .
The current FedEx/Walmart relationship is similar to what we just went through with Amazon. Most FedEx residential trucks/rentals I see are 90% Walmart. That’s not good. We seem to be sharing target with them and the USPS.
In 5 to 7 years Amazon will buy UPS for it's infrastructure. And we will be grateful for it.
They’d likely buy FedEx over us since they are non union. I suspect Amazon wouldn’t be permitted to be that big. They already are and should be broken up. In addition to being investigated. Non of which would be required if Americans would wake up and see Amazon for what they are in stop using them.
By the way. If Fed Ex really has passed us then we’re actually on track for being #3 WHEN (not if) Amazon passes both of us next year or 2023. People can deny all they want. But it’s true. Yes, they are delivering their own stuff. But that stuff would otherwise by on UPS or FedEx trucks otherwise. Why care? That’s less work for us. Less work means less pension contributions. Those of us that’s been around a while should be alright for a while. Everyone should worry. But I don’t think this new generation thinks long term to even be concerned with pensions so….oh well.