Recovery Is Real, But Vulnerable - UPS

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 12, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    Recovery Is Real, But Vulnerable - UPS - Seeking Alpha

    Bullish comments out of UPS this morning. Although we’ve been seeing some very weak data out (and commentary) of the transport sector, UPS (UPS) is bucking the trend. They think the recovery is real and could continue throughout 2010 as volumes surge. At a meeting in Singapore UPS CEO Scott Davis made the following comments: “I think we will go back to see positive volumes next year as the economy improves…I believe the recovery is real, but it is gradual. It is sustainable but vulnerable.”