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It's OK. My guess is UPS will do it the slow way, gradually taking European market share. Funny how the stock market liked it when we announced the TNT merger, and then liked it again when they said the merger was off.

Stock is over $79, a nice robust figure. Hoping for a little dividend bump, but not counting on it. The Railfax website shows a decelerating demand for intermodal rail transport. Year over year car counts are up about 3%, compared to 5-6% six months ago. I'm convinced high asset prices, including UPS stock, are influenced by these modern Federal Reserve policies which add money into the financial system.

$79 ain't what it used to be, but UPS still outperforming the S&P 500 over the long haul.

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