UPS Customers Are Trading Down

Key TakeawaysUPS customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy.CFO Brian Dykes said on a conference call that UPS "saw customers shift from air to ground and from ground to SurePost."A range of companies have highlighted both consumer and corporate customers' search for lower-price options for goods and services in recent quarterly reports. United Parcel Service (UPS) customers are trading down, another signal fr ...