Impact of GOP tax overhaul

[wdmso]

UPS made $1.5 billion more in 2017 than the year before. Brown says it will cash in even more in 2018, predicting profits of up to $6.5 billion.

UPS stock prices are up by 20 percent over the last year. Package revenue is up to $65.9 billion. UPS Freight added another $3 billion in revenue, a 10% improvement.

As icing on the cake, UPS is expected to cash in over $1 billion in corporate tax cuts.

But at the negotiating table, UPS is trying to soak the 260,000 Teamsters at UPS and UPS Freight.

The company is demanding givebacks, including a lower rate of pay for package drivers on residential routes, part-time package drivers for weekend deliveries, increased subcontracting, a reduction in guaranteed weekly hours for part-timers and many other concessions.

I am not surprised