Castleton center located in the northeast side of Indianapolis is closing June 1. This building is closest to the fastest growing (and wealthiest)county in the state of Indiana(Hamilton County). They will move most of the routes to 81st street which is about 20-25 minute drive further west.
I have no clue which direction this company is going
I have no clue which direction this company is going
If you're leaving why would you even give a shit?
Dave...
Funny how all these centers were built in the '80's and maybe some in the '90's when volume was far less than today. I get that there are modern efficiencies that have come about but why has the calculus changed that much? Where now it's OK to double the dead head miles for drivers soon to be making $50/hr not counting benefits and OT but it wasn't a good idea before.To think that they put all those costs into building the buildings in the first place. Now, it's mostly maintaining paid off buildings. Eliminating feeder routes and some managers doesn't seem like the cost savings would overcome the millions of extra miles about to be driven nationwide.
UPS says fuel is cheaper than pay and benefits
I have no clue which direction this company is going
I don’t think the company know either.
I don’t think the company know either.
Oooooh, you know they have a plan....
Glad I'm out.
I just do NOT wanna be there for whatever Carols plan is.
Me either.
This job is getting harder by the day
UPS says fuel is cheaper than pay and benefits
I believe UPS pays for their fuel far in advance at a certain price. So kind of a gamble, if it goes down in price they lose out, but if it goes up they make out. I'd bet they're making out nowadays.
I believe UPS pays for their fuel far in advance at a certain price. So kind of a gamble, if it goes down in price they lose out, but if it goes up they make out. I'd bet they're making out nowadays.
I don’t believe they are doing much hedging now. The 10k/annual reports don’t make mention of it. Why gamble? just adjust the fuel surcharge.
Most of the major airlines aren’t doing much hedging/swaps either I don’t believe. Southwest went 5-15 years with a huge fuel hedge over the other airlines. Now they may be hedging/swaps 25% of their fuel. There are huge costs on the hedge premiums.
@gumby s son Upstate has more info on this if needed.✊
I believe UPS pays for their fuel far in advance at a certain price. So kind of a gamble, if it goes down in price they lose out, but if it goes up they make out. I'd bet they're making out nowadays.
How do you figure? We fuel on road in most cases. I guess some centers have unleaded fuel pumps. My center still has a diesel pump that we only have a handful of old diesels left.
How do you figure? We fuel on road in most cases. I guess some centers have unleaded fuel pumps. My center still has a diesel pump what we only have a handful of old diesels left.
Do.the feeders fill up at.your building?
UPS says fuel is cheaper than pay and benefits
It's funny that the fuel station recommendation prompt that comes most days is out of the way to save a nickel. Pay a driver $67/hr to take a detour on the way back to the center because they found a station that's 5¢/gal less. That's the UPS math we see all the time.
With UPS dropping package density and spreading buildings out, it's not just much more fuel, it's more driver time per package. I hope they think there's plenty of premium packages to deliver.
Do.the feeders fill up at.your building?
I've actually never seen them use the diesel pumps oddly enough.
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