UPS, Others May Be Pricing Some Out of Air Cargo Market
February 3, 2008 – 9:34 pmLatin American exporters of perishable products are feeling the squeeze as higher jet fuel costs drive up the price of the expedited service prized for their goods. So much so that exporters of fresh flowers, fish, fruits and vegetables could be priced out of the market for air cargo, airline executives say.
“Sixty-five percent of the exports coming from Latin America are perishables,” said Tom O’Malley, UPS vice president of air cargo for Latin America. “How long will exporters of low-value perishable goods be able to sustain the high prices [for air cargo service] due to the high cost of fuel? It’s a big concern.”
2 Responses to “UPS, Others May Be Pricing Some Out of Air Cargo Market”
First of all if your going to post an article bashing “UPS” for high prices blame George Bush. UPS doesnt make the gas prices, and last time i checked diesel fuel in American isnt cheap! FYI - the heading isnt even spelled right, how can people take this serious. “Cago”?? Whattt! Try Cargo
By Jeff on Feb 7, 2008
Typos happen. Thanks for pointing it out.
By Keith on Feb 8, 2008