UPS

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.

22 May 2015
High-tech companies around the world expect exports to grow over the next two years, but air cargo freight and passenger jets are set to gain not container lines.
20 May 2015
More high-tech companies across the globe are moving their operations back to, or near, the location of demand for their products, building more flexibility into their supply chains, according to a new study published by UPS.
29 Apr 2015
As the U.S. economy came screeching to a halt in the first quarter — at least those parts that contribute to gross domestic product growth — UPS improved revenue, shipment volumes and profit, a sign that things may not be as bad as the economic indicators seem to say.
03 Feb 2015
The port congestion crisis on the U.S. West Coast and changing retail delivery patterns inland both challenged UPS in the fourth quarter, the company said today.
03 Feb 2015
Profits may have plummeted at UPS in the fourth quarter, rattling investors, but global demand for the integrated transportation company’s package and freight service increased as online shopping drove e-commerce transactions and shipments to new heights.
26 Jan 2015
Congestion and delays at U.S. West Coast ports meant UPS had to scramble to get containerized goods into its inland delivery network and to customers. Higher purchased transportation costs were a factor in lower fourth-quarter earnings.
23 Jan 2015
UPS is considering "new pricing strategies," including targeted peak-season surcharge prices, after spending $200 million more than expected to deliver packages this holiday season.
14 Jan 2015
Faced with growing demand from retail and technology customers, UPS is expanding contract logistics operations in Europe.
12 Jan 2015
Larger international shippers increasingly use UPS's expedited freight service as a strategic "cushion" or aid in supply chain planning, as well as for urgent shipments.
A UPS driver prepares packages for delivery.
09 Jan 2015
UPS expects to handle 4 million returned gifts in the first week of January, a number that grows each year as consumers turn e-commerce into a two-way pipeline.
07 Jan 2015
UPS is expanding its Worldwide Express Freight service, adding new origin and destination points for palletized
29 Dec 2014
UK parcel delivery firm City Link, which filed for bankruptcy last week, will lay off most of its 2,780 employees in the coming days after failing to attract buyers.