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The Latest UPS Headlines
UPS Hurt by Slowdown in Manufacturing in Asia, Brutto Says
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<blockquote data-quote="cheryl" data-source="post: 1028652" data-attributes="member: 1"><p><a href="http://www.businessweek.com/news/2012-09-20/ups-affected-by-short-term-economic-headwinds-brutto-says" target="_blank"><strong>UPS Hurt by Slowdown in Manufacturing in Asia, Brutto Says - Businessweek</strong></a></p><p></p><p>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.</p><p></p><p>“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.”</p></blockquote><p></p>
[QUOTE="cheryl, post: 1028652, member: 1"] [URL="http://www.businessweek.com/news/2012-09-20/ups-affected-by-short-term-economic-headwinds-brutto-says"][B]UPS Hurt by Slowdown in Manufacturing in Asia, Brutto Says - Businessweek[/B][/URL] 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.” [/QUOTE]
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