
UPS CEO Scott Davis said Monday that he was "extremely disappointed" with the stance taken by regulators that led UPS to drop plans to purchase TNT Express. (Associated Press)

UPS CEO Scott Davis said Monday that he was "extremely disappointed" with the stance taken by regulators that led UPS to drop plans to purchase TNT Express. (Associated Press)

Small Business Administration head Karen Mills, left, and UPS CEO Scott Davis attend a meeting of President Obama's export council, Thursday, Sept. 16, 2010, in the East Room of the White House in Washington. Less than two months before congressional elections, and with the economy a top issue for voters, Obama is turning his attention to trade, highlighting his goal of doubling U.S. exports over five years to drive economic growth. (AP Photo/J. Scott Applewhite)

President Barack Obama greets UPS CEO Scott Davis, as he arrives in the East Room of the White House in Washington, Thursday, Sept. 16, 2010, where the president announced his recommendations on free trade agreements at a meeting of his export council. At right is Vermeer Corporation President Mary Vermeer Andringa. Less than two months before congressional elections, and with the economy a top issue for voters, Obama is turning his attention to trade, highlighting his goal of doubling U.S. exports over five years to drive economic growth. (AP Photo/J. Scott Applewhite)