UPS Executive Calls For Reduced Trade Barriers

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 16, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Executive Calls For Reduced Trade Barriers - NASDAQ

    A top United Parcel Service Inc. (UPS) executive called for lower global trade barriers during a speech in Colombia Thursday, saying nations that reject protectionism will flourish over those that don't.

    Bob Lekites, president of UPS Airlines, also said reduced trade barriers hold the key to a global economic recovery. He made his comments during a keynote address at the Latin American and Caribbean Air Transport Association's Airline Leaders Forum in Cartagena, Colombia.

    "There is no doubt in my mind that the path to economic prosperity extends over global trade routes," Lekites said, citing the "unique perch" of a player in the air-cargo sector.