rod
Retired 23 years
Got a Circle of Honor jacket that says you are wrong. It's all in paying attention and not relying on cameras and being afraid to drive.
Will amaz swallow ups?
- Thread starter Haveyouworkedherebefore
- Start date
Changingtimes99
Active Member
Take this with a grain of salt from a beat up 30+ year feeder driver with a bad back and knees but it sure seems like Amazon is growing and UPS isn't .
We will all find out one day that Amazon is government funded.
Changingtimes99
Active Member
It's not government funded because they actually are profitable and make money.
JL 0513
Well-Known Member
Amazon has layed off 10's of thousands of workers so far this year. Their days of rapid growth are over. Will they continue to grow, probably, but total world domination isn't in the cards.
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I guarantee that is a government run company. Run through shell companies. Watch, give it a few years.
Its_a_me
Well-Known Member
As of March 2023 Amazon has a market cap of $1.000 Trillion. This makes Amazon the world's 5th most valuable company by market cap.
As of March 2023 United Parcel Service has a market cap of $158.32 Billion. This makes United Parcel Service the world's 64th most valuable company by market cap.
Yes, they could swallow UPS but it would represent a 20-25% purchase when taking the premium that must be paid into account. A high stock price is one way to defend against it. A high dividend rate is another.
It's cheaper for Amazon to use their data knowledge and determine the most profitable areas where they can service while giving UPS the rest of their work to deliver. This also lets them grow slowly and layoff when necessary at minimal costs. In other words to play the long game and go from 0% to 10% to 20% to eventually 30% of total package volume.
Anyone that doesn't see the pattern must work for UPS management as Fed Ex realized they were a competitor not a customer long ago.
Over70irregs
Well-Known Member
It can adapt faster than any logistics company in history. Remember all of our families subsidize them.
ManInBrown
Well-Known Member
Agree. In the beginning they hemorrhaged money to try to build out their network. That’s understandable. They shouldn’t be bleeding money now. I’m not saying they are going to go out of business, but things are going as smoothly as people think. 10s of thousands of layoffs announced this week.
And as far as people saying like myself included in the past. The drivers are unprofessional, pulling headfirst into 20 foot driveways, driving down the highway with the side door open. I really think we’re to the point where people don’t care. Service to some extent just isn’t as important anymore. Just get me my stuff. Pull in my driveway I don’t care. That’s worrisome for jobs like ours where we get paid to do the job in a professional manner.
Changingtimes99
Active Member
Amazon offers more services then UPS. Both are profitable. Has Amazon taken volume away from UPS? The answer is yes. As a feeder driver I know this to be a fact. Will Amazon continue to take volume away from UPS? It sure seems like it . I don't think in our lifetimes Amazon will have the capacity to absorb all of the volume ups does. I could see Amazon taking a certain percentage of volume away from UPS and then buying ups.
Changingtimes99
Active Member
Amazon offers more services then UPS. Both are profitable. Has Amazon taken volume away from UPS? The answer is yes. As a feeder driver I know this to be a fact. Will Amazon continue to take volume away from UPS? It sure seems like it . I don't think in our lifetimes Amazon will have the capacity to absorb all of the volume ups does. I could see Amazon taking a certain percentage of volume away from UPS and then buying ups
Unfortunately there is a worker shortage in this country. Good help is hard to come by. Can't blame Amazon for that. One of the night managers in my building drinks alcohol in his office and takes 20 year old part time supervisors on dates and they can't get rid of him. Yet .
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