What if it Snows?

Ummh..... Is there enough employees left to make payroll for that new contract?

UPS has since last year reduced its work force by 48,000 employees, the company said on Tuesday, in a cost-cutting drive aimed at bolstering profits and winning back investors.

The Atlanta-based delivery company, which had nearly half a million employees at the start of the year, said 34,000 positions were cut this year among its drivers and warehouse workers, mostly in the United States. The other 14,000 came out of management's ranks in cuts that began last year.

UPS's stock price has long lagged the wider stock market, putting pressure on its leaders to deliver stronger profits. News of the work force reductions and better-than-expected third-quarter results prompted a 7 percent jump in the company's shares on Tuesday...

Employment has stalled across the economy, according to the latest government data. And other companies are also shrinking their work forces. Amazon is planning to cut 14,000 white-collar jobs, a company memo said, to reduce bureaucracy and shift resources.

UPS reported net income of $1.3 billion in the third quarter, down from $1.5 billion a year earlier. Revenue totaled $21.4 billion in the third quarter, a decline from $22.2 billion last year.

Though profit declined, UPS executives pointed to improvements elsewhere in the results on a call with Wall Street analysts on Tuesday. Revenue per package in the United States grew 10 percent in the third quarter from a year earlier, Ms. Tomé said.

Many of UPS's employees are members of the Teamsters union, which in April warned the company that it would fight job cuts that were not in line with its labor contract. On Tuesday, Ms. Tomé said UPS was "in compliance with the terms of our contract."

 

39 degrees at the homestead this morning I have deployed a long sleeve shirt for comfort. Now that it’s in mid 50s back to short sleeve T-shirt # not Arizona

 

5,500 truckers fail English skills test, lose driving privileges in US, industry leader says

 

Man's gotta take his wins as he finds them...

 

Gives meaning to the phrase: "Keeping your hand in."

Furloughed TSA Agents Go Door-To-Door Offering To Grope People For Free

 

A piano just fell from the sky here, and was playing : "Who'd ah thought it?"

ATA caves on driver shortage lie: hard pivot to 'quality' dodge, no apologies

 

S T A R V I N G

 

If you look at the number of driver buyouts at 34k, its almost in line with the 30k positions they agreed to fill and add under the new contract. They will take a bunch of the seasonal guys and move them into full time bottom of the board positions fulfilling contract language to fill 22.5k positions and add 7500 full time guys.

 

Tgere were zero point zero (0.0) Hauses in the Wisconsin or the Minnesota