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- Overview
- Company Finances
- Analysts' Opinions
- Fast Facts: About United Parcel Service of America, Inc.
- History
- Strategy
- Influences
- Chronology: Key Dates For United Parcel Service of America, Inc.
- Current Trends
- Corporate Citizenship
United Parcel Service of America, Inc. (UPS), majority-owned by its employees and their families, is the world's largest package shipping company in terms of revenue and volume. It delivers door-to-door to every address in the United States, as well as to over 200 countries. The company also provides daily pickup service to over 1.6 million custome...
The International Brotherhood of Teamsters(IBT) strike in 1997 severely impacted the company's domestic operations and its international export operations. During the month of the strike (August), the company had a net loss of almost $211 million, which curtailed the company's profits that year. Its 1997 net income was $909 million, or $1.63 per sh...
In the package delivery industry, analysts see continued steady growth in express delivery service revenues, especially on the international front, as companies like UPS enter new markets in eastern Europe and South America. Much analysis and media commentary was given to the UPS strike in August 1997. The general opinion was that UPS lost ground b...
Ownership:United Parcel Service of America, Inc. is a privately owned, employee-owned company Officers:James P. Kelly, Chmn. & CEO, 54, 1997 base salary $717,500; John W. Alden, VChmn. & Sr. VP, 56, 1997 base salary $550,500; Kenneth W. Lacey, Sr. VP, 48 Employees:330,000 Principal Subsidiary Companies:UPS Logistics Group, Inc. is the company's maj...
The story of UPS began when Jim Casey and Claude Ryan, both still in their teens, launched the American Messenger Company in 1907. The company provided telephone message and small package delivery services, which predated the U.S. Postal Services' Parcel Post by six years. In 1913 the company, having grown to 20 employees, changed its name to Merch...
The company's main strategy is aimed at its international operations, reflecting the importance of global trading. According to a June 1997 Financial Timesarticle, UPS and other express delivery companies will continue to forge alliances with other country's domestic courier and express delivery services. The article cited an alliance UPS made with...
In 1907, when the company was founded, messenger and delivery services were in high demand since the U.S. Postal Service had not yet implemented its parcel post system. Few households had telephones, which meant messages had to be hand-carried as did luggage and packages. The company (then called American Messenger Company) was successful because i...
1907:
1. The American Messenger Company is launched in Los Angeles, California
1913:
1. American Messenger becomes Merchants Parcel Delivery
1929:
1. The company opens United Air Express offering air mail services; it closes after only eight months due to the stock market crash
A trend the company responded to in the late 1990s was the growth of the tourist industry, shown by its venture into the charter flight business. Launched in March 1997, these flights offer passengers five converted Boeing 727-100 freighter aircraft. The company has made deals with several charter companies to transport passengers to San Juan, Puer...
UPS has made impressive citizenship contributions concerning the environment. It boasts a long list of environmental awards presented to the company by many different states, including clean air, ecological/environmental, and quiet airliner awards. UPS has made other social contributions as well, including being designated as the Official Supplier ...
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United Parcel Service, Inc. (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 expanded to become a Fortune 500 company and one of the world's largest shipping couriers.
