UPS sees better U.S. holiday demand, will raise 2010 rates
United Parcel Service Inc
The consensus is flat, but I believe it will be slightly better than that, UPS CEO Scott Davis said of holiday demand at a business luncheon in Singapore, adding the firm will raise shipping rates next year.
He also said that India is a big opportunity for the company and it will continue to make investments there.
(Reporting by Harry Suhartono, editing by Neil Chatterjee)
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick