Sharp falloff in express demand to hurt shippers

Discussion in 'The Latest UPS Headlines' started by cheryl, Dec 9, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    Sharp falloff in express demand to hurt shippers - Marketwatch

    Fedex and Con-way warn and UPS is downgraded at J.P. Morgan

    Demand for express shipping is deteriorating rapidly with the downturn in the economy, overwhelming the benefit from both DHL's withdrawal from the U.S. market and from lower fuel prices, according to a Tuesday note from J.P. Morgan.
     
  2. markus_asraelius

    markus_asraelius New Member

    Yeah, we get a few calls in freight for customers that were former dhl customers asking for information on ups' switch now program. Suprising what is happening to DHL.

    But yeah, this economy is hurting everybody.