ceo and chairman david abney.to see you. >> glad to be here >> we dealt with a lot of global trade uncertainties under tariffs. now we're dealing it under coronavirus. how do we answer this puzzle >> first i'll talk about the trade and phase one. we think there is some momentum there. we believe that can build to phase two. we are seeing especially usmca that is going to hit very quickly. the coronavirus is something we are concerned about. mostly for the people of course that are affected, people in the general population, and so we're doing a lot to deliver emergency supplies and stuff like that and giving our people equipment to be safe. we are seeing, we've canceled some flights since it started but it is also chinese new year's and we would have canceled some of those flights anyway as it goes longer then we'll have to take a look. but the great thing about our network is we can adjust it for these kinds of things. >> david, during your earnings you actually announced or yesterday after the bell you announced

appropriate guest for my return from maternity leave here to kick things off, sitting here beside me is david abney and ceo of u.p.s. i was with him for lunch the day before labor nice to be back for my return. president trump kicked it off a mentioned with an optimistic beat, talking about america's economic achievements. do you share that optimism right now as you look out to 2020? >> we were certainly encouraged by the u.s./china phase one and u.s. mca in the last week, both of those getting approved we think is a step in the right direction. we think there's some positive momentum here and of course, we want to see that carry over into phase two. >> you were i believe at the signing of phase one >> i was, yes. >> what it is going to be the impact on u.p.s. of that deal? >> i think the immediate impact is that many of our customers, especially consumers are about to get hit with another tariff that was going to really increase the cost of goods we got that stopped, and then some of the other tariffs were reduced, so i believe we will immediately see some relief there, and then just encourage the

david abney of u.p.s. david, where are you, david? you can stand up. anybody wants to. if your company is not doing well you may not want to stand up. u.p.s. is doing well. there will be a couple that will sort of shrink back into their chair and pretend they're not here. thank you, david, great job you have done. >> darius adam check of honeywell. great equipment you make, i have a lot of it and use a lot of it and the country uses a lot of it. >> a.j.benga, mastercard. thank you. josh bolten, business round table, thank you, josh. great job. david calhoun. he has a very easy company to run. he just took over boeing. where's david? where's david? stand up, david. see, he didn't want to stand. it's not your fault. you just got there. you'll straighten it out quickly, please? >> we will. >> i have no doubt. a great company. >> les daniels ustractpn. okay. we've been fighting steel things for 20 years together, dan, i'd like to say 30 but i don't want to do that. right? we've been fighting together a lot longer than 20 years and -- >> we're winning. >> now, we're winning.

we will talk with ups ceo david abney.ve discussions about ukraine, the geopolitics there when it comes to ambassadors. we are on bloomberg television and radio. ♪ whether you're out here on lte or here on a wifi hotspot. xfinity mobile has more coverage to keep you connected to what matters most. that's because it's the only wireless network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. save up to $400 a year when you switch. plus, save even more with $100 off galaxy a50. click, call or visit a store today. invoke, nowlready holdings are around record highs. within the usa, i sit down tom of nevada copper who says digging for the red metal is a competitive and safer option for the rest of the world. ♪ alix: welcome to

massive pension plan cost of about $1.8 billion and then like you mentioned, i spoke with the ceo, david abney spending so much on labor costs. listen in. >> so we are taking big investment in this year to speed up our u.s. network. 80% of the population will see an increase in ups' speed over the next year or so. kristina: he's referring to operational expenditures because they are investing heavily on providing delivery over a seven-day period. that means seven days a week, to compete with the likes of everyone else in the market. the company, though, is really investing in technology, drones being one of the things we discussed. we know they are working on delivery of products exactly to your home which what is you are seeing on your screen. they're not there just yet but this is in the near future. but all of this comes at a cost. we know that that cost eats at their margins. nonetheless, shares down quite a bit today for ups despite a mixed earnings report. back to you. liz: more than 6.5%. thank you so much. with the closing bell ringing in about nine minutes and the dow now up 92 points

david abney of ups. david? where are you. please stand up if your company's not doing well you may not want to stand up. [laughter] but ups is doing very well. there will be a couple who will just kind of sling back into their chair, they will pretend they are not here. thank you david, great job you've done. darius adam check of honeywell, great company. thank you very much. great equipment you may, i use a lot of it, and the countries a lot of it. ajay bango, master card. thank you ajay. josh bolton business roundtable, thank you josh. great job. david calhoun, he's got a very easy company to run. he just took over boeing. where's david. david? where's david? stand up david, see they don't understand that. it's not your fault, you just got there. you will straighten it out quickly please? okay. i've no doubt. it's a great company. les daniels, u.s. [inaudible] we have been fighting the steal things for 20 years together dan, i would like to say 30 but i dealt one do that. we have been fighting together for a lot longer than

david abney of ups. where are you? you can stand up, anybody wants to come if your company is not doing well, you may not want to stand up, but ups is doing very well. there will be a couple that slink back into their chair and pretend that they are not here. thank you, david. great job you have done. darius at a check of honeywell, great company. great equipment you make. i use a lot of it. in the country uses a lot of it. mastercard. thank you very much. josh bolton, business roundtable. thank you, josh. great job. david calhoun, he has a very easy company to run. he just took over boeing. where is david? stand up, david. it is not your fault. you just out there. you will straighten it out quickly, please? i have no doubt. it's a great company. les daniels, ustr ac tpn. okay, dan tamika, we have been fighting the steal things for 20 years t. we have been fighting together for a lot longer than 20 years, and we are winning. it took 25, 30 years. it took a change at the top, but you have been a warrior for getting -- r

david abney, of ups. david? where are you, david? you can stand up, if anybody wants to.you don't want it -- you know, if your company is not doing well, you may not want to stand up. but ups is doing very well. there will be a couple that will just sort of slink back into their chair. they'll pretend they're not here. thank you, david. great job you've done. darius adamczyk, of honeywell. a great company. thank you very much. great equipment you make. i have a lot of it. i use a lot of it, and the country uses a lot of it. ajay banga, of mastercard. thank, ajay. fantastic job. josh bolten, business roundtable. thank you, josh. great job. david calhoun. he's got a very easy company to run. he just took over boeing. where's david? david. where's david? mr. calhoun: right here. pres. trump: stand up, david. see, he didn't want to stand. let me tell you, it's not your fault. you just got there. you'll straighten it out quickly, please. mr. calhoun: we will. pres. trump: ok. i have no doubt. it's a great company. les daniels, ustr, actpn. ok? dan dimicco. we've been fighting

adrian smith david abney. darius adamczyk.a mastercard josh bolten. [ laughter ] >> seth: "congratulations to the class of 2020. [ cheers and applause oh oh, the places you'll go [ laughter ] jail." and then, in an even more desperate attempt to counterprogram the impeachment talk, trump made a random announcement out of nowhere, about the fourth of july, that had nothing to do with trade or china or really anything to do at all >> we're gonna do a big fireworks display. right? mt. rushmore we're going over i think i'm gonna to try to be there on july 4th. i haven't been there for like, for 20 years i said, "why?" "environmental reasons." i said, "you mean, you can't have fireworks because of the environment? "yeah, environmental reasons." i said, "what can burn it's stone you know it's stone." >> seth: well, you idiot it's in the black hills of south dakota [ laughter ] it's surrounded by trees there's a forest like, right across the street. [ laughter ] because he used to be a new yorker, trump thinks everything is in times

david abney of ups. david, where are you, david? you can stand up. anybody wants to, if you don't want it, if your company is not doing well you may not want to stand up but ups is doing very well. there will be a couple that will sort of slink back if in their chair. david, what a great job. adam of honeywell. great company. equipment you make. i have a lot of it. i use a lot of it. the country use a lot of it, j.j. banga of mastercard. thank you. josh bolton, business roundtable. thank you, josh. david calhoun. has a very easy company to run. he just took over boeing. where is david? , david, where is david? >> right here. >> see you don't want to stand. your fault. you just got there. you will straighten it out quickly please? >> we will. >> i have no doubt. it is a great company les daniels, ustr. dan, we've been fighting steel things together for 20 years, dan. i would like to say 30 but i don't want to do that. we've been fighting together a lot longer than 20 years. now we're winning. finally took 25, 30 years. took a little change at the top,

this is the ceo david abney. he explained why they're investing more in labor.. >> we're taking a big investment in this year with opx to speed up our u.s. network. 80% of the population will see an increase in ups's speed over the next year or so. reporter: that means ups will deliver seven days a week. everybody expects delivery. on the seen, another investment for the company. they're investing in drone delivery. still not around the corner when it comes to delivering packages by drone at your door just yet. the company will increase their electric vehicle suite. also seeing that on your screen. the company too, has made made a partnership with waymo. they plan to expand. listen in. >> waymo is an example for us to look can we use autonomous vehicle, in this case, we're going to start to shuttle packages from the ups stores to the ups hubs. yes, in arizona. we'll see how that case goes. if it is effective we'll expand that. reporter: this all comes at a cost in the near term including infrastructure. i asked him about infrastructure. they said they accounted

brightest minds from across the business political world tuesday microsoft president brad smith, david abneyzman. >> and friday antonio gutierrez, rounds out all-star line up all here on "mornings with maria." through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. sini wasn't sure...clot was another around the corner? or could things go a different way? i wanted to help protect myself. my doctor recommended eliquis. eliquis is proven to treat and help prevent another dvt or pe blood clot. almost 98 percent of patients on eliquis didn't experience another, and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless your doctor tells you to. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial hea