Any predictions? Seems like oil price should help a it's a tailwind initially. I wonder if we've been rejecting the unprofitable packages and how much dim charging is helping us? Ideally, our C/S folks are hard at work with valued shippers to help re-design carton size. In theory, a mutually beneficial approach to space utilization should work to all party's best interests.
Good UPSers hold their stock. That's what I was taught back in the day. I'm still here, BTW
Hate to say this, but it's hard to believe that this once highly respected company has been charged with multiple illegal operations and putting itself in harm's way! So much for the integrity of the new breed of management. All this time, at least for me, it's been a mystery as to why the stock has lost pace with its' main competitor(s). Perhaps we're starting to hear the reason and hopefully UPS will start to focus on adjustments towards credibility and respectability both within and without the company.
Now what's going on??? FDX UP!, UPS on its way down again. They better come up with something pretty soon. Lots of investors hangin' in but for how long???
I feel safer.
And since they care about their appearance, they probably care more about their job than a slob who is unshaven. Or, if the guy is unshaven due to his extremism, I'm happy he's nowhere near my house.
Let the slob deliver your widescreen.
Let the extremist guy deliver your prescription medicine, and hope he didn't switch pills, or put a coating on your package..
My opinion is that the prior CEO Scott Davis was the problem...
I am not on the BOD, so I am drawing conclusions based on available evidence.
Scott Davis was replaced as CEO prior to this past Peak Season. That DOES NOT HAPPEN (replacing any Manager prior to Peak Season) at UPS, UNLESS the powers that be, BOD in this case see that the Manager is not capable of handling his area of responsibility.
My guess is that the BOD looked at the failure in the 2013 Peak and changes made for 2014 and were not satisfied that there would not be another calamity. A change was made, and in a panic situation the new CEO David Abney was given a mandate to fix it. He had no alternative other than employ a "Service at ANY cost" philosophy. Staffing and facilities were added solely to insure no Service interruption.
I have seen this happen in a particular Package Operating Center, or Hub Sort, even in one case a District. The financial results of the Corporation would be minimally impacted in a case such as this.
Scott Davis' decisions impacted every part of UPS, his failure to adequately prepare caused David Abney to look bad as the new CEO, but, I think his first Quarter results demonstrate that he will be a very capable CEO.
In other words, the problem has been handled, so let's move on.
Sentiment: Strong Buy
Not the same company that I worked for years ago. Honesty was the word they preached and lived by
Wow. A whistleblower manager and ex-driver gets nearly $4M. Wonder how many people knew about this and kept their mouths shut? It was going on for some time.
Seriously? This is what you think is happening? You Box Thrower in your previous life? How about inept Management? What about blowing the TNT, USPS, and Airborne Deals the last 6 years? How about Zero investment into Organic Growth? How about letting FDX grow double in Revenue while UPS is stagnant? How about running scared management? No Airplanes, or Gateways opened in Years. UPS needs to clean house in Atlanta and get a mover and shaker as CEO. Like Fred Smith Type.
FDX buying TNT for much improved Europe presence. Meanwhile, we had to pay a deal collapse premium. FDX retiring older fleet components for better fuel performance and tax advantages. FDX well into its multi-year profitability improvement program. The market can readily analyze all this. I wish we could have a well defined action plan. I think investors may not be able to project the future as readily with UPS. Clarity is needed.
How is Scott Davis and his idiot inbred managers treating ya? Since Davis is still on the Management Committee. This is what happens with ZERO Organic growth. Fairly soon, FDX will surpass UPS in Revenue.
Unthinkable just 5 years ago when FDX was at 20B Revenue.
Enough Said. This is what happens with ZERO Organic Growth. WallStreet knows when a company is Stagnate and Shrinking. Flat Revenues for the last 5 years while FDX revenues have doubled. And about to add another 15 million to their Revenue with the TNT purchase.
Scott Davis is the Best!
Socialism is only good until you run out of other peoples money, and now what. Greece had a bailout and now feel that plan is "too austere". In other words "give me, I need". Take heed America, no such thing as a free lunch.
Sentiment: Strong Buy
Got a question, more looking for some direction here. I had a purchase through Overstock where the package(TV stand) was shipped to my home via UPS( i am a shareholder of UPS). The label was a pre printed label with a declared weight of 67 LBS. The item was defective and was returned, when i brought it to the UPS processing center in Hart, Connecticut the declared weight for the return was 84 LBS. I actually shipped this back with less packaging materials than the product shipped with aka should have been lighter, yet i appeared to have somehow "gained" 17LBS. Might Overstock be intentionally lowballing weights to skim shipping costs? How does one go about reporting this? I mean, we aren't talking about a pound or two off, we are talking about 25% OVERWEIGHT!!! Does anyone know if UPS verifies the weight of these larger packages?
What a way to get investors attention!!! Fred really knows how to put his company out there and look what happens....stock goes up and stays there at day's end. He certainly has a knack for juggling numbers!! UPS does nothing to stimulate interest and when its' stock rose today, most of the gains sold off at day's end. Same old, same old, story.
I remember the days as a private company, the stock used to split every 3 to 4 years, the stock became available to family members of employees, and it was, as their slogan stated, run as ."The Tightest Ship in the Shipping Industry!".
Yawn. Talk to the FedEx pilot group to get their take on this. These are replacements for old Airbus and MD aircraft which ultimately means less pilots needed for FedEx as their fleet becomes mostly 777 and 757/6 aircraft.
Drink some more purple Kool Aid...
BTW, which is still the most profitable transportation company with the best margins in the business? Hint - it's not the company that starts with the letter F.
"The Facts are FDX has doubled Revenue in 4 years to 50 Billion. You two bird brains haven't addressed this."
FDX 2015 rev - $47.5B
FDX 2011 rev - $39.3B
Apparently basic math is not your forte. Stick with simple shapes and primary colors.
Read their investors presentations - they state the purchase is for fleet modernization. Of course the pilots group is close to this - you actually think the pilot union/group has no insight into this? That's like saying the UPS aircraft mechanics have no clue about anything happening in the airlines division.
TNT is not a final deal and if approved will take a couple years for full integration.
It's interesting that you post on the UPS board but not the FDX board. Are you really a UPS hater as opposed to a FDX supporter? Blindly in love with FDX?
Again, which company has ALWAYS had better margins (the best in the industry BTW) and higher revenue? Rely on FACTS not what you assume will happen in the future.
The roadside is littered with those that have bet against UPS.
Yes, God forbid that a company would expect its employees to be clean shaven, hair off the collar and shoes shined. Part of our legacy and feature of service was "A neat and uniformed driver, one that can be welcomed through the front door".
Sentiment: Strong Buy