Home UPS Warns of Sluggish US Economy as Profit Tops Estimates
 

Keywords :   


UPS Warns of Sluggish US Economy as Profit Tops Estimates

2015-07-29 07:31:57| Air Courier - Topix.net

Package delivery company UPS on Tuesday reported a better-than-expected second-quarter profit on improved margins, and said U.S. economic growth was being hampered by a strong dollar and an expected interest rate hike. "The continued strength of the U.S. dollar and I think this impending rate hike by the Fed appears to be holding back some U.S. growth," Chief Executive Officer David Abney said on a conference call.

Tags: ups profit economy estimates

Category:Transportation and Logistics

Latest from this category

All news

05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Tropical Storm Rafael Graphics
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
05.11Tropical Storm Rafael Wind Speed Probabilities Number 6
Transportation and Logistics »
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Graphics
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 6
More »