Yes, I certainly agree. In the 90's UPS was a dynamic, privately owned company whose stocks split every three to four years. Once the company went public, over the years they've lost considerable ground. We all know that Wall Street extremely dislikes the company and investors seem to use their stock on a day-trade basis, not long term. In the 90's, I put what eggs I had in this one basket and all was well for awhile. Now with the company's extremely poor management, they've lost so much ground, it's difficult to know what to do. I,too, like others on this message board, don't have a lot of years left and had planned on this stock to see me through. Hard to know what to do.
Well, looks the Golden Boy of Wall Street and DC has done it again!! Must be wonderful to have such an in with the Big Shots in DC. Fred offers 4+ Billion and it's called a "made in heaven" deal with the planets aligning perfectly, whereas UPS offered over 7 Billion two years ago and was denied because they supposedly had a larger presence (were they meaning monopoly?) in the transport industry. Pardon my expression but, "What a "crock"!. As they say, it's not what you know, it's who you know, especially in Washington. UPS execs better stop sitting on their butts and take a good look at the share ratio: FDX almost $180/share and UPS at $97.26/share at the moment. Not long ago it was just the opposite. Drivers are getting pressure with increased delivery stops/day to keep from hiring more skilled driver, and they come up with a huge bonus for the top guy. This is nonsense.
Why is it that every time you go on the UPS website, all the articles are about how great FDX is doing? UPS articles are always about law suits, poor numbers and performance, etc., etc. etc. This company needs to start paying attention to all the negativity out here and the lack of management's ability to generate at least a modicum of good PR to draw more interest from prospective investors. This company needs a dynamic Captain to guide the ship.
Have to say I'm beginning to question the health of UPS. It would certainly make one feel more positive if the people who guide this ship would honor investors with at least some informative articles regarding strategy, forward planning, etc.; at least something to show investors they're expecting better things for UPS. At present, they choose to keep quiet and let FDX continue to gain ground. Perhaps a little positive PR would help especially regarding the law suits that are being filed against them. Remember the old slogan "We Run the Tightest Ship in the Shipping Industry"? This gave a positive impression. Then the ridiculous ad "What Can Brown Do for You?" that left the door wide open for surly, negative responses. Haven't seen the new ad yet. Sure hope it's better.
Approximately 2 years ago there was a definite law suit against UPS and FDX for delivering drugs to customers from on-line pharmaceutical shippers. UPS settled out of court; however, FDX did not. I often wondered why we never heard the outcome of FDX's refusal. Of course, FDX always does what it wants to do and you never see any negative media regarding its' behavior...... Not surprising if you've followed the history of the two companies!!
Just wondering why there hasn't been a positive response to UPS's dividend announcement. Anyone have a logical explanation?
Sentiment: Strong Buy
I don't know where you live, but if it's in New England, or where all the floods are, with the weather the way it is, you're lucky to be getting your package even that late. Patience, my friend.
With a scheduled delivery date of 11/02/2015, you shouldn't be seeing it for another 9 months...TYPO perhaps...LOL???
Sentiment: Strong Buy
Oh for the 1990s when Jim Kelly steered the ship! He was a great CEO and ran UPS as a private company. It was well-respected and successful. The stock was a great investment and split every 3 or 4 years. Once he retired in the early 2000's, the new breed took over and made the decision to #$%$ the open market. I remember how they bragged about making a large number of investors Millionaires that day; however, once on Wall Street, UPS has been the brunt of its' dislike of Unionized companies and has negatively affected its' reputation and credibility. The younger team needs to step back and take a good look at their approach to managing this huge company and not lose its' way
First of all, I am not a UPS employee and never have been; however, I have close relatives who both work/worked for UPS over 20+ years. Yes, certainly there are problems with decisions regarding company and Union management, so some of your reasoning is valid; however, after 80 years of life, I believe my rational still holds. The world has significantly changed and many of the positive attributes of people have been replaced with apathy and negativity. The responsible drivers continue to take their jobs seriously and their customers come first. As hard as their job is, they do get paid well.
If you really give it common sense thought, it goes back to last year's debacle regarding Christmas deliveries. First off, most of it was due to selfish Americans who insisted on being catered to. They ignored UPS' shipping schedules and days required for a package to reach its destination and expected special treatment. Obviously, when their packages didn't arrive for Christmas, the voices roared loud and clear until the BRUTAL MEDIA pundits picked up on it and WOE to UPS, when they printed articles like "UPS Ruins Christmas" and "UPS Destroys Children's Christmas" and other such nonsense. The blame should have been put where it belonged, with spoiled, demanding Americans and severe weather problems, etc.
The unfortunate decision of UPS to over-spend just to appease customers and avoid another media attack this year, backfired as a result of less consumer spending, cost of adding 95,000 temps who required training, and much better weather conditions. In my estimation,This is what caused the latest disappointing quarterly numbers.
How sad that Americans are always looking out for "Number 1" and not willing to accede to the logistics involved to meet such an overwhelming task. This attitude permeates throughout America...."It's my way or the highway". As we can see, America is under attack by this attitude from the top down...How sad!
Why don't you stop taking up so much space on the UPS message board. Don't you have anything better to do than to continually spew nonsense. Boozer the Loser, is a good name for you. Why don't you spend your time doing something more productive with your life like getting a job!!
I read where FDX initiated this new weight/size pricing???, Boozer, so what's sauce for the goose (FDX) is sauce for the Gander (UPS)! ...
Sentiment: Strong Buy
You're so ill-informed!! Check out UPS's late 1990#$%$ from the Attorney General's Office regarding their Overseas Partners Limited (OPL) operation. UPS was ordered to shut it down which, later on, was determined to have been in error. We, the investors, were the ones severely hit.
Two children of mine drove for delivery companies; one for UPS and one for FDX. My FDX driver did her job at her pace and didn't come home stressed out at the end of the day. My UPS driver made sure her truck was empty when she returned to the barn and pushed herself every day to get the job done. No comparison in the dedication of drivers between UPS and FDX. Yes, UPS drivers get better salaries, but their bodies pay the price after 20 to 25 years of service and my UPS driver's customers love her...enough said!
Anyone remember UPS' OPL (Overseas Partners, Ltd. Those of us who invested in UPS shares in the late 90's were also issued a small percentage per share on stock in OPL. It was doing nicely when the FEDS stepped in and shut them down for operating illegally. After the deed was done and stock holders lost the value of these shares, the FEDS reversed their decision but UPS had already obeyed their command and shut OPL down. It would be very difficult to believe they'd attempt to make such a mistake again with any creditable business such as UPS.
Sure wish UPS would stop shooting themselves in the foot. They just play into the public's animosity toward big business and misinterpreting the message. Wake up, UPS Public Relations, and study your PR releases before you go to print. You should be hyping the positive signs of the Christmas season, not hinder it. You and your investors have enough frustration with negative posts and articles about UPS written by the competition and, especially, Wallstreet pundits.
Just after my criticism yesterday that UPS never delivers upbeat articles to the public, WOW, they sure did a great job today!! Of course, the article by Zack's shows that its' analysts just can't resist putting a caveat at the end of their response to UPS articles to downplay the enthusiasm. Typical Wall Street, as usual.
Just don't get it! FDX is always pushing itself into the limelight and getting positive exposure. Their employees ( ..??... Oops, under review by the courts), continue to bash UPS. It gets rather sickening with all the issues questioning the legality of how FDX operates . However, it sure would be gratifying to see some positive exposure out there from UPS.with the Christmas Season fast approaching.