Profile: United Parcel Service Inc (UPS.N)
21 Apr 2014
United Parcel Service, Inc. (UPS), incorporated on July 15, 1999, is a package delivery company. The Company delivers packages each business day for 1.1 million shipping customers to 7.7 million consignees in over 220 countries and territories. During the year ended December 31, 2012, it delivered an average of 16.3 million pieces per day worldwide, or a total of 4.1 billion packages. It serves the global market for logistics services, which include transportation, distribution, forwarding, ground, ocean and air freight, brokerage and financing. The Company has three segments: U.S. Domestic Package, International Package and Supply Chain & Freight. In February 2012, it acquired Kiala S.A. In February 2014, United Parcel Service acquired Polar Speed Distribution Ltd.
UPS’s global small package operations provide time-definite delivery services for express letters, documents, small packages and palletized freight via air and ground services. The Company provides domestic delivery services within 56 countries and export services to more than 220 countries and territories around the world. It handles packages that weigh up to 150 pounds and are up to 165 inches in combined length and girth as well as palletized shipments weighing greater than 150 pounds. UPS handles all levels of service, including air, ground, domestic, international, commercial, and residential through one global integrated pickup and delivery network. Additionally, it provides its customers with easy access to UPS, with over 154,000 domestic and international entry points including: 39,100 drop boxes; 2,100 customer centers; 4,700 independently owned and operated locations of The UPS Store worldwide; 6,700 Kiala locations; 12,400 authorized shipping outlets and commercial counters; 5,900 alliance locations; and 83,900 UPS drivers who can accept packages provided to them.
The Company’s European air hub is located in Cologne, Germany, and it maintains Asia-Pacific air hubs in Shanghai, China; Shenzhen, China; Taipei, Taiwan; Incheon, South Korea; Hong Kong; and Singapore. Its regional air hub in Canada is located in Hamilton, Ontario, and its regional air hub for Latin America and the Caribbean is in Miami, Florida. In the United States, Worldport is supported by its regional air hubs in Hartford, Connecticut; Ontario, California; Philadelphia, Pennsylvania, and Rockford, Illinois.
U.S. Domestic Package Reporting Segment
UPS is a time-definite, money-back guaranteed, small package delivery services. It offers a full spectrum of United States domestic guaranteed ground and air package transportation services. Customers can also leverage its ground network to ship using its day-definite guaranteed ground service that serves every United States business and residential address. UPS delivers more ground packages than any other carrier, with over 11 million ground packages delivered on time every day in the United States, within one to three business days. UPS also offers UPS SurePost, an economy residential ground service for customers with non-urgent, light weight residential shipments. UPS SurePost is a contractual residential ground service that combines the consistency and reliability of the UPS Ground network with final delivery provided by the U.S. Postal Service.
International Package Reporting Segment
The Company’s International Package reporting segment includes the small package operations in Europe, Asia, Canada and Latin America. UPS offers a wide selection of guaranteed, day and time-definite international shipping services. It offers three guaranteed time-definite express options Express Plus, Express and Express Saver to more locations than any other carrier. In 2013, it introduced UPS Worldwide Express Freight for palletized shipments over 150 pounds from 37 points of origin to 41 points of destination. UPS Worldwide Express Freight leverages its combination of package and freight networks to provide industry transit times with a money-back guarantee. For international shipments that do not require express services, UPS Worldwide Expedited offers a reliable, deferred, guaranteed day-definite service option. For cross-border ground package delivery, it offers UPS Transborder Standard delivery services within Europe, between the United States and Canada and between the United States and Mexico.
Supply Chain & Freight Reporting Segment
The Supply Chain & Freight segment consists of its forwarding and logistics services, its UPS Freight business and its financial offerings through UPS Capital. UPS offers a portfolio of guaranteed and non-guaranteed global air freight services. UPS also provides ocean freight full-container load and less-than container load shipments between ports around the world. UPS Logistics offers Distribution Services, Post Sales and UPS Mail Innovations.
Distribution Services are provided through a global network of distribution centers that manage the flow of goods from receiving to storage and order processing to shipment, allowing companies to save time and money by minimizing their capital investment and positioning products closer to their customers. Post Sales services has four core service offerings within Post Sales include: Critical Parts Fulfillment; Reverse Logistics; Test, Repair, and Refurbish, and Network and Parts Planning. UPS Mail Innovations offers an efficient, cost-effective method for sending lightweight parcels and flat mail to global addresses from the United States.
UPS Freight offers regional, inter-regional and long-haul less-than-truckload (LTL) services, as well as full truckload services, in all 50 states, Canada, Puerto Rico, Guam, the United States Virgin Islands and Mexico. UPS Freight provides reliable LTL service. Additionally, many user-friendly small package technology offerings are available for freight. UPS Capital offers a range of services, including export and import financing.
United Parcel Service Inc
55 GLENLAKE PARKWAY NE
ATLANTA GA 30328