United Parcel Service Inc Cl B
(NYSE: UPS)
86.37
-1.06
-1.21%
-1.06
-1.21%
MORE ON UPS
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | United Parcel Service Inc (UPS) |
| Industry: | Integrated Shipping & Logistics |
| Employees: | 399,000 |
DESCRIPTION
| United Parcel Service, Inc. was incorporated in Delaware. It was founded in 1907 as a private messenger and delivery service in Seattle, Washington. The Company is a package delivery organization less-than-truckload industry and the premier provider of global supply chain management solutions. The Company delivers packages each business day for 1.1 million shipping customers to 7.7 million consignees in over 220 countries and territories. It creates value for its customers through solutions that lower costs, improve service and provide highly customizable supply chain control and visibility. The Company’s services and integrated network allow shippers to simplify their supply chains by using fewer carriers and to adapt their transportation requirements and spend as their businesses evolve. Across its service portfolio, it also provides control and visibility of customers’ inventories and supply chains via its UPS technology platform. The information flow from UPS technology drives improvements for its customers, as well as for UPS, in reliability, flexibility, productivity and efficiency. The Company’s logistics and distribution capabilities give companies the power to easily expand their businesses to new markets around the world. The Company operates approximately 800 logistics facilities, in more than 120 countries, offering warehouse space of 35 million square feet. The Company serves the market for logistics services, which include transportation, distribution, forwarding, ground, ocean and air freight, brokerage and financing. The Company's technology seamlessly binds its service portfolio. The Company has three reportable segments: U.S. Domestic Package, International Package and Supply Chain & Freight. The Company’s main competitors include worldwide postal services, various motor carriers, express companies, freight forwarders, air couriers and others. The Company is subject to federal, state, and local environmental laws and regulations across all of its business units. |
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