Today's Hard|Forum Post
Today's Hard|Forum Post

Monday January 26, 2015

UPS Paid The Price For Preparing Too Well For Holiday Rush

Prepared "to well" for the holiday season? That doesn't even make sense. Oh well, I guess we know what is going to happen this holiday season. big grin

While they nailed on-time deliveries during the 2014 Christmas season, on less busy days many workers and trucks were left idle. The drop in productivity and the extra expenses for training and overtime dragged UPS’s 2014 preliminary earnings well below forecasts, the company said today, sending its stock down the most in more than eight years.