UPS Revenue May Fall a Second Time on Shipping Slump

Discussion in 'The Latest UPS Headlines' started by cheryl, Apr 22, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Revenue May Fall a Second Time on Shipping Slump - Bloomberg

    United Parcel Service Inc., the world’s largest package-delivery company, may say first-quarter revenue fell for just the second time in 10 years as businesses curbed shipping to thin out inventories.

    While UPS hasn’t given a full-year outlook, economists surveyed by Bloomberg estimate that U.S. GDP will shrink by 2.5 percent for all of 2009, less than a projected 5 percent decline in the first quarter. Langenfeld said shipping volumes “appear to be bottoming” and probably won’t worsen this year.
     
  2. sf_bigfrog

    sf_bigfrog New Member

    Will has a PCM FROM DAVID SCOTT,NEXT WEEK.
    LAST WORD HE SAID,COMPANY WILL HAVE TO ,HAVE TO TAKE SOME ACTION FOR THE BAD SITUATION.
     
  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.


    Who is David Scott?