January 18, 2010: While record cold temps are hitting the country, management at UPS Freight in Atlanta is taking penny-pinching to an absurd level.
They turned off the heat in the break room entirely. Management said that the Coke machines would keep the room warm.
It didn’t work. The water cooler froze solid.
Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.
Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year. Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.
