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United Parcel Service, Inc. Message Board

  • dudesbag dudesbag May 23, 2014 9:15 AM Flag

    Time for some good news so here goes....

    CNBC had a great interview with Kurt Kuehn (maybe his preparation for it kept him from responding to by letter LOL) where he showed a sense of humor and great confidence about the balance of 2014 and beyond. He called all the goings-on an "exciting time" particularly after the challenging environment of Q4 2013 and Q1 2014. He's a steadily growing economy that portends a solid if not exciting year. He noted that even with a difficult Q1, shipments were up 4% which handily exceeded GDP growth. He viewed working with the "bricks and mortars' to optimally compete with the on-line only companies as a primary activity of our sales force. When asked about the "drone" future of delivery, he joked about nothing happening in that regard in the next few weeks. He reiterated that UPS sees a big push towards local next day delivery as the sweet spot and UPS is well prepared to maximize the opportunity. No discussion about the FDX dimension billing issue. BTW, it was recently announced that UPS has further expanded our early a.m. delivery territory to now include 25K+ zip codes and 87% of businesses- the most of any carrier. The 8-10:30 a.m. delivery service started in 1994continues to grow by double digits and has a nice profit margin.

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