UPS sees muted US recovery; driver is global trade

Discussion in 'The Latest UPS Headlines' started by cheryl, May 19, 2011.

  1. cheryl

    cheryl I started this. Staff Member

    UPS sees muted US recovery; driver is global trade - Reuters

    The U.S. economy is growing in fits and starts, and the real driver for U.S. companies is global trade, United Parcel Service Chief Financial Officer Kurt Kuehn said.

    "We continue to see a muted recovery in the U.S.," Kuehn told analysts on Thursday at the Bank of America Merrill Lynch Global Transportation Conference in Boston, which was webcast.

    UPS Chief Executive Officer Scott Davis is a member of the President's Export Council, which aims to drive U.S. business by doubling exports by 2015.