UPS Commends The U.S. And China On Reaching A Phase One Trade Deal

US 01/15/20

Washington, DC

UPS® (NYSE: UPS), a global logistics provider and leading advocate for global trade, applauds the negotiators from the U.S. and China on reaching a Phase One trade agreement that lays the foundation for successful and inclusive trade.

“The Phase One trade deal is an important first step in strengthening the rules of trade between the two countries and in particular for providing greater trade predictability to UPS’s small and medium sized customers,” said David Abney, UPS Chairman and CEO. “We urge both the U.S. and China to continue to work together to find common ground that establishes a policy and regulatory framework that promotes a comprehensive, mutually-beneficial business environment.”

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. UPS is committed to operating more sustainably – for customers, the environment and the communities we serve around the world. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Fortune magazine’s Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com  or pressroom.ups.com  and its corporate blog can be found at ups.com/longitudes The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter . Learn more about our sustainability efforts at ups.com/sustainability . To get UPS news direct, follow @UPS_News on Twitter. To ship with UPS, visit ups.com/ship.

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