UPS 2008 Annual Report Download - page 8

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7


These difficult economic times are causing many companies



only a minority of companies has committed to improve their
bottom lines in this manner. Consequently, there is tremendous
opportunity for UPS to expand its presence in this area which,
in turn, complements our transportation capabilities.

means of creating commerce. Small package shipment is the

business model.
We may look back at 2008 and 2009 as a real test … a test
of the resiliency and management skill that has been our
hallmark for more than 100 years. At some point, the recession
will end and the economy will improve. Many companies will


more focused and better positioned to compete and grow …
and I am confident that UPS will be one of those companies.

Chairman and Chief Executive Ofcer
07 08
06
0504
1.3
2.52.5 2.6
3.6




 
 
 
 
 
 