Historically, this is the week for increased dividend to be announced. I'm looking for at least an 8% increase but that $3.20 sweet spot would be nice.
Nice feedback on how Coyote acquisition was very helpful in controlling capacity.
Nice. Dividend should be 8 or 9% up with good cash flow and going forward.
It might be A GOOD strategy for UPS to back away. We can better control dispatch and not get squeezed for profit margin line WalMart is famous for. Let Amazon have their own crushing peak season experience and take a 2nd look later. I suspect Amazon simply isn't worth the headaches.
Seems like they're trying to set up their own air lift operation thru Air Transport (the old Airborne Express). Air hub operations are being set up at what appears to be 5 hubs (one near me in Allentown, Pa.) to try to eliminate UPS, FDX and the Post Office if at all possible. One wonders what type of agreement they have with Air Transport Group and how long they can go with focusing on increasing revenues but not turning a profit. The theory is they'll save a lot of $$ on shipping expenses and, they believe, improve service at the same time. What are they going to do, use Uber or Lyft for the last mile? It will be interesting to see how it plays out.
So, Amazon is hiring UPS managers away as well as indicating that our hub and spoke system might be antiquated. Seems like we have some imaginative work to do.
Usually we hit a high point around peak season. This year we're plunging a bit. It would be nice to know how we're really doing vs some of the negative stories. No doubt the weather has been very kind to us. I guess the questions would be did we overstaff and did we get the equipment we needed. That story about managers having to brown up o get involved in operations in certain areas seemed a big strange. Anyone have any reliaable feedback?
Presume you're talking about the French collusion case. It just boggles the mind that while this was being investigated, the FDX purchase of TNT sailed thru the EU with no problem.
I noted a re-structuring of Liggett in I think October to reduce headcount and to improve efficiency which should be good thing. I wish they'd simply write off any further e-cig activities since the medical community seems a bit mixed on the safety. Real estate group seems like it's doing fine. Maybe we just had a nice run-up and investors are taking profits after receiving their dividend.