UPS CEO: Prompt resolution of British EU exit in interest of trade

Discussion in 'The Latest UPS Headlines' started by cheryl, Jun 30, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    UPS CEO: Prompt resolution of British EU exit in interest of trade - Reuters

    The United Kingdom's vote last week to exit the European Union should have little short-term impact on trade flows, as long as negotiations on the country's split with the trade bloc do not drag on too long, the top executive of UPS said on Thursday.

    "If the government sorts things out in a way that's considered reasonable in the minds of our shippers, then I believe it will have much less effect," United Parcel Service Inc Chief Executive David Abney told Reuters in an interview at the company's Atlanta headquarters. "But if this thing gets long drawn out and real complicated, that never helps anything."