UPS

UPS, formerly known as United Parcel Service, is a U.S.-based global package and delivery service founded in 1907. Headquartered in Atlanta, the company is the largest transport operator in the U.S. and the second-largest global transportation company. Total revenue for 2013 was $55.4 billion and represented package operations and supply chain and less-than-truckload freight services.

UPS employs 397,100 individuals worldwide, who contribute to its daily delivery of 16.3 million packages and documents to 7.7 million customers in more than 220 countries and territories.

Complementing the delivery services it is most known for, UPS provides supply chain solutions that span 33.5 million square feet across more than 120 countries. These operations include logistics and distribution; freight forwarding to 195 countries; international trade management and customs brokerage. UPS Freight, based in Richmond, is the fourth-largest U.S. LTL trucking company. UPS also handles service parts logistics, technical repair and configuration, supply chin design and planning and returns management.

21 Oct 2014
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
03 Oct 2014
Major U.S. parcel carriers are pressuring retailers to be more realistic in shipping expectations in order to avoid a repeat of the 2013 holiday season, when over 2 million express packages were not delivered by Christmas Eve.
03 Oct 2014
UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
30 Sep 2014
The world’s top integrators are waiting to see how the recent ruling by China’s State Council to liberalize domestic package delivery will play out across the multibillion dollar market dominated by a multitude of small low-cost operators.
19 Sep 2014
Air cargo out of Asia is seeing its first peak season in five years, and better capacity management among cargo carriers is set to push up freight rates into the last quarter.
The UPS Store
21 Aug 2014
Hackers may have stolen payment information from an undisclosed number of shipping customers of The UPS Store in a period stretching from January to August, UPS said Aug. 20.
14 Aug 2014
Both UPS and FedEx have received long-awaited approval from the Chinese government to widen operations in the country.
UPS package vehicle
29 Jul 2014
Strong business demand for package and freight transportation drove volumes and revenue higher at UPS in the second quarter.
Doctor and patient
07 Jul 2014
Endochoice, a six-year-old Atlanta-based importer of medical devices and disposable infectious control supplies and services for gastroenterologists, most of whom were in the U.S., had to reengineer its global supply chain last year when it acquired high-tech medical companies in Israel and Germany and began to manufacture and distribute a sophisticated new system for colonoscopies internationally.
Earlier this year UPS held the official opening of a $200 million expansion of its European air hub facilities at Cologne/Bonn Airport in Germany.
02 Jul 2014
UPS will invest about $1 billion of its $2.5 billion budget for capital expansion over the next three to five years in the European market, new comments from the company’s CFO confirm.
01 Jul 2014
The U.S. Postal Service wants to change Priority Mail pricing so that overall rates rise slightly, starting in September, but shippers of lightweight packages get a break, a move aimed to capture growing e-commerce business.
06 Jun 2014
David Abney will face his first big test as CEO of UPS in December, when the largest U.S. transportation company must avoid a repeat of last year’s holiday shipping debacle.