United Parcel Service (UPS) CEO, David Abney on Q1 2020 Results - Earnings Call Transcript

Apr. 28, 2020 1:46 PM ETUnited Parcel Service, Inc. (UPS)
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United Parcel Service (NYSE:UPS) Q1 2020 Earnings Conference Call April 28, 2020 8:30 AM ET

Company Participants

David Abney - President, Chief Executive Officer

Brian Newman - Chief Financial Officer

George Willis - President of U.S. Operations

Kate Gutmann - Chief Sales and Solutions Officer

Scott Price - Chief Strategy and Transformation Officer

Nando Cesarone - International President

Juan Perez - Chief Information and Engineering Officer

Scott Childress - Investor Relations Officer

Conference Call Participants

Ken Hoexter - Bank of America Merrill Lynch

David Vernon - Bernstein

Jordan Alliger - Goldman Sachs

Tom Wadewitz - UBS

Chris Wetherbee - Citi

Scott Group - Wolfe Research

Scott Schneeberger - Oppenheimer

David Ross - Stifel

Amit Mehotra - Deutsche Bank

Jack Atkins - Stephens

Brandon Oglenski - Barclays


Ladies and gentlemen, we’d like to say good morning to you. My name is Stephen and I will be your conference facilitator today. At this time, I would like to welcome everyone to the UPS Investor Relations first quarter 2020 earnings call.

All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer period.

It is now my pleasure to turn the floor over to your host, Mr. Scott Childress, Investor Relations Officer. Sir, the floor is yours.

Scott Childress

Good morning and welcome to the UPS first quarter 2020 earnings call. Joining me today are David Abney, our CEO; Brian Newman, our CFO; Kate Gutmann, our Chief Sales and Solutions Officer, along with International President Nando Cesarone, President of U.S. Operations George Willis, our Chief Information and Engineering Officer Juan Perez, and Scott Price, our Chief Strategy and Transformation Officer.

Before we begin, I want to remind you that some of the comments we’ll make today are forward-looking statements within the

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