UPS chief stumps for free trade

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 16, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    UPS chief stumps for free trade - Atlanta Business Chronicle

    United Parcel Service Inc. Chairman and CEO Scott Davis pushed for global free trade and took a swipe at Congress at the American Competitiveness Forum on Monday, arguing a surge in exports is what the American economy needs to bounce back.

    “In my view, global trade is the quickest and surest way to accelerate global growth, create new jobs and improve living standards,” Davis said at the forum in Atlanta. “We’ll have to regain prosperity the old fashioned way, not by household borrowing and spending but instead by earning it through innovation, increased production and aggressive marketing in other countries.”

    Davis also criticized recent “Buy America” provisions that block foreign firms from bidding on major contracts with the federal government.