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<blockquote data-quote="Box Ox" data-source="post: 5507389" data-attributes="member: 48469">&quot;<a href="https://www.wsj.com/market-data/quotes/UPS" target="_blank">United Parcel Service</a> Inc. is girding its business against a <a href="https://www.wsj.com/articles/sharp-slowdown-in-global-trade-points-to-possible-recession-lower-inflation-11664964002?mod=article_inline" target="_blank">slowdown in global delivery volumes</a> as it advised that annual revenue could decline for the first time since 2009.The Atlanta-based delivery company said Tuesday that it expects revenue of between $97 billion and $99.4 billion in 2023, down from $100.3 billion last year.&quot;Of course delivery revenue will be down. Everyone isn&#039;t still stuck at home hiding from the virus and/or holding a fist full of government cash and having everything delivered. The big tech companies that are laying off right now are forecasting drops in revenue for similar reasons.To put things in perspective. Check out 2020 and 2021:<a href="https://www.macrotrends.net/stocks/charts/UPS/ups/revenue#:~:text=UPS%20annual%20revenue%20for%202021,a%203.11%25%20increase%20from%202018." target="_blank">UPS Revenue 2010-2022 | UPS | MacroTrends</a>[ATTACH=full]416461[/ATTACH]</blockquote>

[QUOTE="Box Ox, post: 5507389, member: 48469"] "[URL='https://www.wsj.com/market-data/quotes/UPS'][I]United Parcel Service[/I][/URL][I] Inc. is girding its business against a [URL='https://www.wsj.com/articles/sharp-slowdown-in-global-trade-points-to-possible-recession-lower-inflation-11664964002?mod=article_inline']slowdown in global delivery volumes[/URL] as it advised that annual revenue could decline for the first time since 2009. The Atlanta-based delivery company said Tuesday that it expects revenue of between $97 billion and $99.4 billion in 2023, down from $100.3 billion last year."[/I] Of course delivery revenue will be down. Everyone isn't still stuck at home hiding from the virus and/or holding a fist full of government cash and having everything delivered. The big tech companies that are laying off right now are forecasting drops in revenue for similar reasons. To put things in perspective. Check out 2020 and 2021: [URL='https://www.macrotrends.net/stocks/charts/UPS/ups/revenue#:~:text=UPS%20annual%20revenue%20for%202021,a%203.11%25%20increase%20from%202018.']UPS Revenue 2010-2022 | UPS | MacroTrends[/URL] [ATTACH type="full" alt="upr.png"]416461[/ATTACH] [/QUOTE]

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