https://www.cnbc.com/2024/01/30/ups-reports-drop-in-package-volume-stock-tumbles.html
Package volume down 7% during holiday season 👀. Seems like bad times ahead. Even Lockheed is laying off
Tbh their shipping prices are outrageous and services like pirateship to print the label have been undercutting them for awhile so maybe it was coming. I had to ship a skateboard and it would've cost $210 ($130 shipping +$70 packing + ~$10 tax) for UPS, or just $36 with pirateship and if I spent 15 min packing myself. My skateboard shipped just fine using the latter.
100% agree. Maybe all that price gouging BS these corporations are doing isn’t working after all. I recently switched jobs and needed to ship 2-3 paper checks for my retirement funds to my new 401k provider and they charged $30 mother fucking dollars to ship it lmfao. For pieces of paper that can’t weigh more than an ounce. Absolutely appalling, hope that places burns
exactly. I ran into this issue when shipping a jacket. Puffer hardly 2 lbs and they charged me to pickup and never came . Fuxking Republicans want to kill usps but ups and fedex are posion
Recession in election year. This can’t be good…..
Ups and FedEx are extortion specialists. They charge so much money for shipping after the fact. Never use then if you have usps. Never let usps die because of these two scammy companies
💯 Support your local USPS. I know it’s fun to make fun of the post office, but the day they’re gone is the day UPS and FedEx will have your balls in their grip.
You just don’t have large volume. Big corporate have huge discounts making them cheaper than USPS sometimes.
Now my packages are gonna be late...
How much of this is Amazon eating their market share with their own delivery
A lot
In tech as well? Or other sectors within ups?
UPS was paying 170k not long ago right?
Now it’s paying the price
don't worry. Applied Materials will beat UPS, Google, META and all very soon
UPS doing big layoffs is a sign things are getting bad
How's IKEA doing?
Meh