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Discuss: UPS says intra-Asian trade offsets slower U.S. demand

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Old 05-27-2008, 09:24 AM   #1
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Default Discuss: UPS says intra-Asian trade offsets slower U.S. demand

UPS says intra-Asian trade offsets slower U.S. demand - Reuters
UPS said that it expects business within Asia to drive growth in its global freight forwarding business this year to "quite a bit higher" than forecasts for 8 percent growth in the freight forwarding industry worldwide.

"We're seeing very strong growth intra-Asia. It's the China effect," Derek Woodward, Asia-Pacific president of the world's biggest package delivery firm, told a news briefing.
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