Reuters - Video

EDITION: U.S. | U.K. | IN

Freeland Fast Forward

Consumer web buying spree drives growth - UPS CEO

Wednesday, May 01, 2013 - 02:48

UPS CEO Scott Davis says the firm's recent 4% volume growth has been fueled by online shopping and better conditions in Europe and Asia. Reuters speaks to Davis at the White House after a jobs-for-veterans event.

▲ Hide Transcript

View Transcript

That does -- -- that the White House we're joined today by UPS -- CEO Scott Davis mr. Davis thanks very much for joining sphere Jeff. You are here today as part of an initiative on veterans help a little bit about what you yet is planning to view on that joining forces. We think is it is a great program and it it's all about hiring veterans who have a lot of veterans coming back from. Yeah Iraq war in Afghanistan and winding down the Specter -- million veterans coming back -- next several years. We need to find jobs these people they're they're great -- great leadership skills. Again great work ethic then up lots of company so I UPS were -- 5000 veterans over the next five years. Today we have 44000 on the payrolls below 10% of our payroll we find them -- it's great employees and managers of the company. At that point right -- and then on top of that when he port 5000 -- for those who have today. There's hope that they bring it through and employer like UPS and general thing that you're thinking -- definitely be across the board mechanic you can. Certainly officers that leadership skills. Electricians unit -- a lot of lot of opportunities there. Well just -- we do lot logistics -- service as we are deceased obviously it helps a lot. And in terms of -- defections bring you that the time when everyone particularly here at the White House is hoping the economy will improve. If that's the way to do that. Well I think the we -- things in this country to help the economy improvements start with decision makers in Washington. You know this debt ceiling has been been lingering for a prolonged period time and and that holds back fire holds back investment I think -- -- in small medium sized enterprises and it is too much uncertainty. We eliminates it was a certainty. You know get some scissors Nate Washington on this long term loans debt ceiling a big solution. So -- Simpson -- proposed a couple of years ago. I think you can tell us economy and a faster growth. What's your take on a macro economic situation right now it feels Jeff like slow growth economy very solar last year we're seeing in the US and around 2%. Global GDP probably two and a half percent so again you're flat US growth is slow pace in the emerging markets two of the better hours and yes. Not that we had a better earnings last week we make outperformed expectations. Volume growth that's a pretty good or 4% driven by business consumer. Internet -- -- shopping before shop on the Internet there should be mortgaged their house is it's benefiting UPS. You mentioned here how generally we think here this is doing work toward helping the deal. He's he's going Italy and I think there there are issues I think it feels better in Europe now than it did a year ago. They took you borrow or there's little less risk we saw a year ago.

Consumer web buying spree drives growth - UPS CEO

Wednesday, May 01, 2013 - 02:48

Top News »

Money »

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

Dow back to positive territory for year Dow back to positive territory for year

Wed, Aug 13, 2014 - (2:18)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

11:55am EDT - (1:00)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)