UPS – United Parcel Service Inc.
United Parcel Service (UPS) is the world’s largest deliverer of packages and documents throughout the US and in over 220 countries and territories. The company began in 1907 when founders Claude Ryan and Jim Casey opened the American Messenger Company. UPS is headquartered in Atlanta, GA.
It deploys a fleet of approximately 127,000 cars, vans, tractors, and motorcycles, around 600 aircrafts, has over 1,000 package operating facilities and air hubs located in Kentucky and Miami in US, Germany, China, Hong Kong & Canada.
The company has three business segments: US Domestic Package (63%), International Package (19%), and Supply Chain & Freight (18%).
The US Domestic Package makes up the bulk of its business. It also includes UPS SurePost, which is a non-urgent package delivery system. This division partners with a contractual residential ground service network for final delivery, often provided by the US Postal Service.
International Package is the second largest segment which offers guaranteed day- and time-definite international shipping services.
The Supply Chain & Freight segment includes forwarding, logistics, truckload brokerage, UPS Freight as well as financial services through UPS Capital.
The company recently sold off its Supply Chain & Freight division in 2021 and acquired a same day delivery start up by the name Roadie.
If you want to know more about UPS, click here to review the article written by our investment team.