June 6 (Bloomberg) -- United Parcel Service Inc. executives David Abney and Scott Davis speak about today's announcement that Davis will retire as chief executive, effective Sept. 1, and be replaced by Abney, the current chief operating officer. Davis will become non-executive chairman. The world’s largest package-delivery company is reshaping U.S. operations after a surprise surge in online Christmas shopping.
They speak with Erik Schatzker and Carol Massar on Bloomberg Television's "Market Makers." (Source: Bloomberg)