Short Term Trading Member Forum

[golfin]

UPS...no sign of improvement deliveries down 5% in Q2

The economic environment continues to be difficult. Declines in both our domestic and international businesses appear to be stabilizing but volumes will remain significantly below last year’s levels,” said Kurt Kuehn, UPS’s chief financial officer.

“Although declines in economic indicators are less dramatic than earlier in the year, questions remain as to when business activity will begin to strengthen,” he continued. “The business environment in the third quarter should be similar to the second quarter. As a result, we are providing the same guidance as we did for the second quarter – earnings per share within a range of $0.45 to 0.55.

Along with rails: down 20% from 2008

http://railfax.transmatch.com/

Where's the recovery?