Washington Comes to Louisville

On a daily basis, UPS carries approximately six percent of the U.S. Gross Domestic Product (GDP) and two percent of the world’s GDP in our network. Our business depends on a comprehensive strategy for infrastructure investment, which in turn, depends on government action.

 

More excerpts from the article linked below follow ….

http://blog.ups.com/2011/10/04/washington-comes-to-louisville/

 

Washington Comes to Louisville

by Stephani Oller | 10 / 04 / 2011

 

U.S. Treasury Secretary visits Worldport to discuss nation’s infrastructure

Highlighting the need for Congress to pass U.S. President Barack Obama’s American Jobs Act proposals to create jobs and invest in our nation’s infrastructure, U.S. Treasury Secretary Tim Geithner recently toured UPS’s Worldport facility. Also on the agenda was a roundtable meeting with local business leaders, including CEO Scott Davis.

“Moving goods by truck is eight times more efficient than by air, and rail is four times more efficient than trucking. Ships are the most efficient of all but ports are congested,” said Scott during an interview with the Financial Times in August. “The United States is not going to be competitive with the rest of the world if we don’t have the proper infrastructure. The way we’re going to have jobs is by growing and exporting. We need to be able to compete with the developing world, but we can’t unless we have the infrastructure.”

For additional information on the American Jobs Act’s proposals to put Americans back to work while rebuilding and modernizing our infrastructure, see the White House fact sheet.