Comment / On the wires: UPS splutters, slashes capex – can new CEO do the trick?

“The world is counting on UPS more than ever before as we support the people on the front lines of this crisis and our customers with speed, ingenuity and reliability.” – UPS chairman and CEO David Abney, sourced from “UPS expertise and flexible global network keep supply chains moving“, Q1 ’20 numbers, 28 April 2020. 

YAWN.

The UPS numbers are a mixed bag – as expected; first reaction here – I have little to add to what we said already until the new ...