“UPS strongly believes the lower corporate tax rate will expand U.S. GDP, which increases our customers’ businesses activities. This economic growth will raise demand for UPS services and we look forward to helping our customers take full advantage of this opportunity. The company is in the process of a multi-year capital investment program to implement the Global Smart Logistics Network of the future, which will increase capacity and enhance operating efficiency. With the additional resources from tax reform UPS will expand and accelerate investments in our people, technology, transportation fleets, facilities and value-generating customer services, which will further stimulate job creation. Tax savings, combined with UPS’s strong return on invested capital will result in additional value for UPS customers, shareowners and employees. We applaud passage of the Tax Cuts and Jobs Act, the President’s signature, and look forward to full implementation of the Bill.”
Statement Attributable to David Abney, UPS Chairman and CEO
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