UPS says Feb volumes down, could hurt earnings

Discussion in 'The Latest UPS Headlines' started by cheryl, Mar 12, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS says Feb volumes down, could hurt earnings - Reuters

    Citing worsening economic conditions package delivery company United Parcel Service Inc said on Wednesday its U.S. volumes were down in February, which could make it hard to meet its first-quarter earnings outlook.

    "If these trends continue through March, our earnings guidance for the first quarter will be difficult to achieve," Chief Financial Officer Kurt Kuehn said in a statement.