UPS Hurt by Slowdown in Manufacturing in Asia, Brutto Says

cheryl

I started this.
Staff member
UPS Hurt by Slowdown in Manufacturing in Asia, Brutto Says - Businessweek

United Parcel Service Inc. (UPS) projects short-term economic headwinds amid a decline in manufacturing orders in Asia while the company pursues a major acquisition in Europe, the head of its international division said.

“We’ve seen down-trading at UPS,” Dan Brutto said this morning at a Bloomberg Government newsmaker breakfast in Washington. “We’re very bullish in the long term. I think this is just a cycle.”
 
Top