Taupe-92: There’s Enough Swearing on the Internet So Let’s Call This “Ernie”
About a month ago, due to high volume and a surge of demands of our services, my department was told that we would have to move back to a mandatory 45-hour work week. It seems that margins are down and so the upper echelon of the company wanted cost analysis reports for the top twenty accounts for each terminal. Someone thought it would be a good idea to demand all of these at once and make them a rush. We were already busy because of various economic factors. In the bad economy a lot of shippers wanted to reduce rates so they have been out shopping for new carriers. Worse still is the fact that UPS and FedEx both decided to move beyond small packages and get into the freight business. They did this at virtually the same time. Yellow and Roadway also merged, creating a larger company. With so many large companies out there, it has created a freight system that exceeds demand. If there are ten companies that each make ten TV sets per year but there are only ninety people looking to buy one TV each, there’s a problem. Things are not going well for Yellow/Roadway and the freight world seems to be holding its breath that Yellow/Roadway collapses. It would potentially reverse the situation turning it from a shipper’s market into a carrier’s market. But the short version of this entire thing is that I’m working 45 hours per week and as I’m salaried, I get paid the same as when I was working 40. (more…)