AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
$1 Trillion in Credit Card Debt
Motley Fool Money
The Ripple Effects of UPS's Deal With the Teamsters
4min Snip
00:00
Summary
Transcript
Episode notes
The company announced its earnings, but the earnings matter were kind of secondary to the deal that UPS struck with its union workers. The average daily volume there was down 9.9% year over year, international volume down 6.6%. So when that happens, margins come way down and you have an earnings per share down 22.8%, which is bad news. But certainly when volumes pick up back up, hopefully in the near future, this business will pick back up as well.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode