Overpriced and gouging "the little guy"? I'd bet the 350,000 plus, decently paid employees and their families would disagree. I'd bet the millions employed supplying UPS probably would also. I think even many of their 7.9 million average daily customers using their service are glad their packages are almost always on time. I'm positive the 50 states and provinces that charge every commercial vehicle an average $.07 per mile "fuel surcharge" tax on top of all other fuel taxes on every mile it is driven in every state and province appreciate the fuel surcharge UPS has to charge you!
I was in the corporate world for 26 years, you can't have an original thought without paying a tax, fee or violate a regulation....and the company gouges?
I don't have a business degree, but I know it costs me, "a little guy" over $11,000 every year in fees, insurances, fuel taxes, $900 IRP/IFTA license plate (1/3 the cost of an 18 wheeler) before I can sell a single fish. Who do you think pays all these oppressive government required costs? Me? My business? No, the customer buying a product pays those costs...and then I pay taxes on what little "profit" is left. I think if you look at the Balance sheet for most large corporations, you will find "profit" percentage at the end of the year is WAY less than yours!!!..probably around a 3-4% NET profit.
If I did my math properly, UPS charges and average $7.80 per package...15.8 million packages handled daily and $45B in annual gross revenue. If a business did not provide a wanted service, at a fair price, some other company will quickly fill that void. USPS is the only subsidized "business"...the only service that, by law, can not be competed against...it also has comparatively horrible service and huge annual losses, sucking up our tax dollars to prop it up....Except for defense, private companies always do more, better, and for less $$$.
Last edited by Rainman; 04/26/16 01:30 AM.
