UPS Business News for YOU

United Parcel Service Business News from Topix. Check it out.
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  • 4/23/2009 11:47 PM Frank Banker wrote:
    The report is gloomy, but not nearly as gloomy as many others we hear about all the time. The numbers are better than FedEx too, and they are non-union.

    I always wonder what would have happened if the company had never gone public years ago.

    Would we be in better shape or worse? I mean, you have to consider the deal they made to acquire the pension. If they had not gone public, would they have been able to make that deal?

    If they had not gone public, and the pension deal had not happened, would we be retiring with less money due to the problems with Central States?

    Right now they are in better shape than about 90% of US companies. I always said they are the blessing and the malediction to work for. But, to be fair, I am glad as a retired guy on a pension that they manage their money well.

    I wonder how much money they would make if they would just learn to make the workers their partners instead of their robots? It would make a difference in times like these!
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