UPS (UPS): "Since economists do not expect any meaningful recovery until 2010, earnings in 2009...

|By:, SA News Editor
UPS (UPS): "Since economists do not expect any meaningful recovery until 2010, earnings in 2009 will suffer. Lower volume levels and reductions in package weight will put further pressure on margins. We anticipate the first quarter will be weak, with slight improvements later in the year as initiatives take hold." (PR)