UPS® (NYSE: UPS), a global logistics provider and leading advocate for global trade, applauds the negotiators from the U.S. and China on reaching a Phase One trade agreement that lays the foundation for successful and inclusive trade.
“The Phase One trade deal is an important first step in strengthening the rules of trade between the two countries and in particular for providing greater trade predictability to UPS’s small and medium sized customers,” said David Abney, UPS Chairman and CEO. “We urge both the U.S. and China to continue to work together to find common ground that establishes a policy and regulatory framework that promotes a comprehensive, mutually-beneficial business environment.”
UPS (NYSE: UPS), one of the world’s largest package delivery companies with 2019 revenue of $74 billion, provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. The company’s more than 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to being a steward of the environment and positively contributing to the communities we serve around the world. UPS also takes a strong and unwavering stance in support of diversity, equity and inclusion. The company can be found on the Internet at www.ups.com, with more information at www.pressroom.ups.com and www.investors.ups.com.