UPS CEO ‘Relieved’ at Updated North American Trade Deal


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UPS CEO ‘Relieved’ at Updated North American Trade Deal - Global Atlanta

United Parcel Service Inc. CEO David Abney is “relieved” that the U.S., Canada and Mexico have reached a deal to upgrade the rules of their trading relationship, potentially removing a cloud of uncertainty hanging over the global economy.

“We’re very relieved; we went through a lot of anxiety,” Mr. Abney said during a luncheon discussion on “Rebooting Global Trade” hosted by the World Affairs Council of Atlanta.

Trade is the lifeblood of the Atlanta-based package giant’s international business; UPS is estimated to carry up to 3 percent of global GDP by value, with 450,000 employees all over the world delivering 20 million packages per day.