The one problem I have with UPS is that they never produce any positive PR. I feel as if upper management believes it doesn't need to motivate investors. FDX is always getting the nod when it comes to positive PR and it certainly is apparent. One good start would be for UPS to produce some appealing TV ads with far more viewer appeal.
I have a family member who is a UPS driver. From what she tells me, the part timers only ride with a seasoned full-time driver as a helper and are basically "runners". Also, I know someone who did it one Christmas and said it's a "go-go job", with no rest for the weary....The packages must be delivered on time!
Wow. Great quarter showing most importantly, a huge improvement in margins. Their shares are going thru the roof. So, it's time for UPS to kick into gear as many of the same tailwinds that helped FDX should be in our report. The only real difference is they had substantial pension savings this Q. We've been talking a good game of late- (adding 95K peak workers, insuring hubs operate optimally during peak, ORION roll-out ahead of schedule, etc.) but it's time to reflect it on the bottom line. We're up today simply on the coattails of FDX. We need to demonstrate we're on the right path too. An interim "we expect to meet or exceed" expectations type of release would be nice. Another "blame it on the stagnant economy" earnings call would be disastrous and call into question a number of things. I don't expect that though.
The price of fuel alone will add tremendous profit to UPS's bottom line for this quarter.
If prices stay where they are, people will have more spending money based on fuel prices dropping which will result in a better Xmas season.
Drivers training drivers is not a new concept. The labor agreement doesn't allow a driver to hold another driver accountable for service and productivity. More vehicles, lower productivity, lower service levels and higher expense.
drivers also train drivers also with the enhanced bar coding and readers on the system loaders just load the trailer not sort, hard work but simple
Sentiment: Strong Buy
The issue isn't hiring 95,000 people for peak season, it's training them. For the past ten years, UPS has been increasing the size of districts and regions. During this time the number of skilled operations management personnel has diminished significantly. UPS will give it a go but it is virtually impossible to train 95,000 people in such a short time.
on the news today Amazon will use USPS for lots of peak volume , buy lowering the rates , Definitely unfair completion , hopefully UPS and FDX will SUE to prevent this from happening
About 15 or more years ago, i gave out the 19 cent variety of pens with the psychedelic paint job. A guy called me about ten years later from Seattle and said," I couldn't remember your name, but i still have your pen". His pen was so worn, you could barely read the phone number. i gave him five new ones....
until yesterday. i ordered a thousand pens from Nat'l Pen and they normally come in two or three smaller boxes. my Son and i have a garage door company and i've been buying them for many years. Our customers love those Dyna Grip Pens and we give two away with each invoice. That's 1300 TO 1500 pens a year. The driver usually comes by every weekday around 10 a:m. If the package isn't delivered in three days, it goes to a holding area, where the customer picks them up. i don't know what happened to the first notice, but a second notice was stuck on our gate stating the third attempt at delivery would be on Sept 5th before 10:30. i opened the gate at 9 and waited around until 11:30 with no delivery. My wife called the number on the delivery slip early Friday afternoon and the guy told her that the packages were sent back to the sender. WHAT?? What kind of nonsense is that??