|Category:||Business Insights, Global Impact, UPS News|
|Tags:||export, Gary Locke, global trade, logistics, Scott Davis, trade, U.S. Commerce Department|
UPS Chairman and CEO Scott Davis and Secretary of Commerce Gary Locke co-authored an opinion piece published by the U.S. Department of Commerce’s blog.
Robust and global trade drives the world’s economic engine. And it’s the quickest and surest way we know to accelerate economic growth, create new jobs and improve living standards.
Now we freely admit that UPS has an interest here. At any given moment, UPS handles 6 percent of the U.S. GDP and moves 2 percent of the global GDP. So global trade is important to the future of UPS, and that holds true for its workers, and for workers across America. Every 22 packages per day that cross a border supports one job in UPS’s package operation.
That’s why UPS is so supportive of President Obama’s recent announcement of a landmark trade deal with South Korea, which is estimated to increase American economic output by more than the last nine trade agreements combined.