Sandy Springs, Georgia, United States--United Parcel Service (UPS, stylized as ups), an American multinational shipping & receiving and supply chain management company, is one of the largest private employers in the United States; Worldport, the UPS worldwide hub for air shipments, the second-busiest cargo airport in the United States and the fourth-busiest worldwide; with a fleet of over 125,000 vehicles and more than 500 airplanes. with annual revenues around US$85 billion in 2020, UPS sets the world record for being the World's Largest Package Delivery Company (by revenue), according to the WORLD RECORD ACADEMY.
"United Parcel Service (UPS, stylized as ups) is an American multinational shipping & receiving and supply chain management company founded in 1907. Originally known as the American Messenger Company specializing in telegraphs, UPS has grown to become a Fortune 500 company and one of the world's largest shipping couriers," the Wikipedia says.
"UPS today is primarily known for its ground shipping services as well as the UPS Store, a retail chain which assists UPS shipments and provides tools for small businesses. UPS offers air shipping on an overnight or two-day basis and delivers to post office boxes through UPS Mail Innovations and UPS SurePost, two services that pass on packages to the United States Postal Service for last-mile delivery.
"UPS is the
largest courier company in the world by revenue, with annual revenues around US$85 billion in 2020, ahead of competitors DHL and FedEx. UPS's main international hub, UPS Worldport in Louisville, Kentucky, is the fifth busiest airport in the world by cargo traffic based on preliminary statistics from ACI, and the third busiest in the U.S. behind FedEx's Memphis Superhub and Ted Stevens Anchorage International Airport. The company is one of the largest private employers in the United States.
"Worldport is the UPS worldwide hub for air shipments, located at Louisville Muhammad Ali International Airport. The facility contributes to the airport's status of the second-busiest cargo airport in the United States and the fourth-busiest worldwide."
"UPS is the largest package delivery company in the world, with a fleet of over 125,000 vehicles and more than 500 airplanes. The company offers freight transportation, logistics, and supply chain management, and has a highly efficient delivery system with sophisticated sorting facilities," the Nova Global says.
"UPS is committed to sustainability and has set a goal of achieving carbon neutrality by 2050. The company's iconic brown color was chosen as its symbol of stability and reliability.
"UPS was founded in Seattle in 1907 by James E. Casey and Claude Ryan. Originally called the American Messenger Company, it delivered messages and packages by foot or bicycle. It later expanded to deliver packages for businesses, becoming one of the world's largest delivery companies. James E. Casey served as CEO until 1962. Today, UPS is a global, publicly traded company known for its reliability and innovation."
"United Parcel Service (UPS) is a global and the largest package delivery company in the world. It is also the largest express carrier and provider of logistics services. UPS has built a global transportation infrastructure to offer its comprehensive portfolio of guaranteed delivery services to customers around the world," the Startup Talky says..
"As a global provider, UPS offers supply chain and chain management solutions, as well as large package transportation services for businesses of all sizes. With its extensive network and reliable service, UPS is one of the leading companies in package delivery and supply chain management worldwide.
"Founded in 1907, UPS began as a regional parcel delivery service and now its operations encompass the delivery of packages and documents to more than 220 countries. Its small package operations include both domestic and international package delivery services for letters, documents, and packages up to 150 pounds. UPS also provides palletized freight services for heavier items as well as customized supply chain solutions. With an extensive ground fleet, air fleet, and global logistics network, the company’s operations provide delivery of packages between points within the same country or across international borders."
"Operating in more than 200 countries and territories, UPS is committed to moving our world forward by delivering what matters," the official website says.
"Beginning as a small messenger service started by enterprising teenagers and a $100 loan, UPS and its more than 500,000 UPSers around the globe are a transportation and logistics leader, offering innovative solutions to customers, big and small. UPS understands and appreciates its responsibility to help build safer, stronger and more resilient communities founded on justice and economic opportunity for all, supported by a healthy, sustainable global environment.
"UPS is uniquely positioned to assist both the large multi-national and the smaller manufacturer, distributor, or retailer. To effectively compete and grow with minimal capital investment, these businesses often choose to outsource warehousing and order fulfillment of finished goods and service parts to UPS, their trusted logistics partner. UPS maintains lean inventories, drives quality and productivity, and manages inbound and outbound transportation flows in response to customer demand."
"This is the list of the largest delivery service companies by market capitalization. Only the top delivery service companies are shown in this list and delivery service companies that are not publicly traded are excluded. The ranking and the market cap data shown on this page are updated daily," the CompaniesMarketcap.com says (see photo above).
"The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares."
"UPS is the world's largest package delivery company, in terms of revenue and volume, and a global leader in supply chain solutions. We deliver packages each business day for 1.8 million shipping customers to 6.1 million consignees in over 200 countries and territories. In 2011, we delivered an average of 15.8 million pieces per day worldwide - or 4 billion for the year. In addition, our supply chain solutions capabilities are available to clients in 175 countries and territories," the Devex.com says.
"Although our primary business is the time-definite delivery of packages and documents, we have extended our capabilities in recent years to encompass the broader spectrum of services known as supply chain solutions, such as freight forwarding, customs brokerage, fulfillment, returns, financial transaction and even repairs. We are also a leading provider of less-than-truckload transportation services.
"American package and document delivery company operating worldwide. Its dark brown trucks have become a familiar sight on the streets of many cities. Corporate headquarters are in Sandy Springs, Georgia," the Britannica says.
"Entering the field of overnight air delivery, the company started UPS Airlines in 1988. UPS Airlines operated from a “main global hub” in Louisville, Kentucky, and by the early 21st century it ran a fleet of more than 200 jet aircraft. In 1991 UPS headquarters were moved again, to Sandy Springs, Georgia, a suburb of Atlanta. The company gained retail outlets in 2001 when it bought Mail Boxes Etc., later renamed the UPS Store. The UPS Store offered mailbox, shipping, and clerical services to individuals and small businesses.
"Cofounder Casey was active in UPS management until his death in 1983. He, his family, other UPS executives, and their families were the principal stockholders for most of the company’s history. Not until 1999 were shares first offered to the public."
"UPS has not only generated stable returns over its history, but very high and stable returns. These returns are significantly above those of their main competitor, FedEx," the GCI Investors, Inc. says.
"Why is this? The answer is simple: UPS has a completely integrated network which allows continual optimization and efficiency improvements, whereas FedEx operates its business units as individual silos. Although this strategy has enabled FedEx to grow their business much more quickly, through franchisees who ‘own’ individual routes, it has also meant that they can’t optimize their route network. Additionally, by running a Ground and Express route on top of one another, they often must duplicate drops and overlap routes, creating further inefficiencies.
"This a structural advantage for UPS– so we expect them to continue to earn higher returns than peers, meaning more cash available to return to us as investors (4% dividend yield), as well as to reinvest in new technology, automation, drones etc., that will further enhance those returns relative to peers."
"For generations, UPS has invested in building a world-class international transportation and logistics network to enable commerce around the world. That’s one of our core business strategies. It’s also an increasingly important sustainability strategy. We aggregate millions of packages every business day and deliver them through a single integrated network that is optimized for packages, the same way a public transit system is optimized for people. By aggregating the shipping of more than 4 billion shipments in our global network in 2012, we helped minimize the fuel and emissions footprint of every one," the U.S. Chamber of Commerce Foundation says.
"Similarly, our decision to invest in communities through volunteerism and philanthropic giving is tied closely to our belief that business is stronger when customers, suppliers, small businesses, and employees thrive. In our experience, when communities are strong, they are better able to engage in trade and commerce, which is ultimately good for UPS’s business. Our community investments are tied closely to areas where we know our capabilities in shipping and logistics, and our global, diverse workforce, can make a difference including road safety, disaster relief, and veteran job training.
"UPS created The UPS Foundation in 1951 to operationalize the company’s corporate citizenship efforts. Whether leveraging our drivers’ safe driving record to teach road safety to teenagers, or deploying expert logistics technicians to help move supplies quickly when faced by a natural disaster, The UPS Foundation is ensuring our resources, expertise, philanthropic dollars, and volunteers are going where they are needed the most."
World Record Medal
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