UPS sees better US holiday demand, will raise 2010 rates, issued by chartpoppers.com
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(CHARTPOPPERS.COM, November 11, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company United Parcel Service Inc (NYSE:UPS)
United Parcel Service Inc (NYSE:UPS) a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. The company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment operations include time-definite delivery of letters, documents, and packages in the United States. The International Package segment provides air and ground delivery of small packages and letters to approximately 200 countries and territories, including shipments outside the United States and shipments with either origin or distribution outside the United States; export services; and domestic services move shipments within a country’s borders.
Recent News on United Parcel Service Inc (NYSE:UPS)
United Parcel Service Inc, the world's largest package delivery service, expects growth in its volumes next year as the global economy gradually recovers, its chief said on Wednesday.
UPS CEO Scott Davis told Reuters the company will hike shipping rates for 2010, which follows a similar move by rival Fedex, and it will announce the size of the hike later this month.
"I think we will go back to see positive volumes next year as the economy improves," Scott said in an interview, ahead of a meeting of Asia-Pacific corporate and political leaders in Singapore.
Global cargo companies have been hit by a sharp decline in consumer spending, especially in the United States, as the financial crisis has hurt businesses and boosted unemployment.
Davis told a business luncheon earlier on Wednesday that a global economic recovery will happen in a gradual manner.
To view the Consolidated Investment Analysis on United Parcel Service Inc (NYSE:UPS)Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
United Parcel Service Inc (NYSE:UPS) a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. The company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment operations include time-definite delivery of letters, documents, and packages in the United States. The International Package segment provides air and ground delivery of small packages and letters to approximately 200 countries and territories, including shipments outside the United States and shipments with either origin or distribution outside the United States; export services; and domestic services move shipments within a country’s borders.
Recent News on United Parcel Service Inc (NYSE:UPS)
United Parcel Service Inc, the world's largest package delivery service, expects growth in its volumes next year as the global economy gradually recovers, its chief said on Wednesday.
UPS CEO Scott Davis told Reuters the company will hike shipping rates for 2010, which follows a similar move by rival Fedex, and it will announce the size of the hike later this month.
"I think we will go back to see positive volumes next year as the economy improves," Scott said in an interview, ahead of a meeting of Asia-Pacific corporate and political leaders in Singapore.
Global cargo companies have been hit by a sharp decline in consumer spending, especially in the United States, as the financial crisis has hurt businesses and boosted unemployment.
Davis told a business luncheon earlier on Wednesday that a global economic recovery will happen in a gradual manner.
To view the Consolidated Investment Analysis on United Parcel Service Inc (NYSE:UPS)Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Contact Information:
CHARTPOPPERS
Paul Marek
Tel: 6047245332
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
CHARTPOPPERS
Paul Marek
Tel: 6047245332
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
