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United Parcel Service. By: Mandy Martin. History. 1907 founded by James E. Casey in Seattle, Washington 1930 expanded to east coast 1977 UPS starts providing air service becoming the first package delivery system to serve every address in the United States
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United Parcel Service By: Mandy Martin
History • 1907 founded by James E. Casey in Seattle, Washington • 1930 expanded to east coast • 1977 UPS starts providing air service becoming the first package delivery system to serve every address in the United States • 1985 Starts international air services • 1992 Begins electronic ground tracking, delivering to over 200 countries • 1993 establishes logistics to provide supply chain management solutions • 1999 IPO on New York Stock Exchange • Current CEO is Scott Davis since 2008
Today, UPS is a global company that is one of the world’s most recognized brands 1919 1937 1961 2003
UPS reports operations in 3 segments: U.S. Domestic Package Operations International Package Operations Supply Chain & Freight Operations
UPS strategy is to: • Restore Historic Margins • Continue International Expansion • Increase Success of Customized Supply Chain Solutions Create Value, Transform, and Invest to Grow
Mission Statement "As the world's largest package delivery company and a leading global provider of specialized transportation and logistics services, UPS continues to develop the frontiers of logistics, supply chain management, and e-Commerce ... combining the flows of goods, information, and funds."
United Parcel Service is a holding company for several UPS subsidiaries, some of the most known include: UPS Logistics The UPS Store UPS Airlines
UPS has locations in over 220 countries throughout the world. With its world headquarters located in Atlanta, Georgia and regional offices located in Singapore, Belgium, and Miami, Florida
UPS competes in the Courier Industry, delivering messages, packages, and mail.It’s largest domestic competitors are United States Postal Services and FedEx as well as its largest international competitor Deutsche Post AG (DHL). Competition
Financial Information Annual Sales: 53.72 B Current Stock Price: $ 73.02 52 Week High: $ 81.79 52 Week Low: $ 66.46 Market Capitalization : 69.99 B Shares Outstanding: 958.44 M
Extra Facts • James E. Casey started UPS with a $100 loan • UPS currently employs about 398,000 people world wide • Delivers over 15 million packages and documents daily • Services approximately 8.8 million customers a day • Has over 92,000 vehicles in it’s delivery fleet • And over 500 in it’s aircraft fleet
Future Predictions United Parcel Service is a primary source for global package delivery and logistics solutions. Since it was founded in 1907, UPS has survived several recessions and has been able to reinvent itself throughout the century. With the potential for greater expansion and a high profit outlook as the economy recovers, I believe UPS has a successful future in store.
Works Cited • http://www.ups.com/content/us/en/about/index.html • http://investing.money.msn.com/investments/stock-price?symbol=US:UPS&ocid=en-us_bingiaquotebtn • http://www.company-statements-slogans.info/list-of-companies-u/united-parcel-service.htm • http://samedaydeliver.com/articles/fedex-vs-ups-vs-usps/ups.php • http://en.wikipedia.org/wiki/United_Parcel_Service