UPS just reported a very strong quarter. While US volume grew 6.2%, “internationally, average daily package volume rose 25.1% to 1.8 million a day. Export volume was again strong with a 15.4% increase reflecting significant gains across all regions of the world.”
And because UPS earns higher profit margins on international shipments, its future is looking very healthy. And what about FedEx? Although I haven’t checked their latest numbers, I think it’s safe to assume that this rising tide that is globalization will lift both boats.
