UPS

United Parcel Service Inc, typically referred to as UPS, is an American global package and delivery service founded in 1907. Headquartered in Atlanta, the company reported third quarter 2013 revenue of $13.5 billion, up 3.4 percent year-over-year. Total revenue for 2012 was $54.1 billion and represented package operations and supply chain and 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; transportation and freight (air, sea, ground, rail); freight forwarding to 195 countries; international trade management and customs brokerage. UPS also handles service parts logistics, technical repair and configuration, supply chin design and planning and returns management.

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.