Sector: Industrials|Industry: Integrated Freight & Logistics|Market Cap: $109.88B|Employees: 500K
United Parcel Service (UPS) is the world's leading package delivery company and a major provider of global supply chain management solutions. Its primary revenue streams are package delivery and supply chain solutions, leveraging a vast global network. UPS's competitive advantages include its extensive global network, cutting-edge technologies, and broad service portfolio.
United Parcel Service, Inc. ("UPS"), founded in 1907, is a global leader in package delivery and supply chain management solutions. UPS offers a wide range of services including transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage and insurance. The company operates one of the largest airlines and one of the largest fleets of alternative fuel vehicles. UPS delivers packages for approximately 1.6 million shipping customers to 10.2 million delivery recipients in over 200 countries and territories. In 2023, UPS delivered an average of 22.3 million packages per day, totaling 5.7 billion packages for the year. Total revenue in 2023 was $91.0 billion.
UPS offers a broad range of products and services, including:
UPS's strategy is Customer First, People Led, Innovation Driven. The company focuses on growing in market segments that value its end-to-end network, anticipating and solving customer needs, prioritizing employee satisfaction and leveraging data and automation for network improvements and customer value.
UPS operates in the global package delivery and supply chain management industry, competing with various local, regional, national and international logistics providers, as well as national postal services.
(Generated from latest 10-K filing)