United Parcel Service Inc

Description

United Parcel Services Inc (NYSE:UPS) is an American multinational company that provides packaging and supply chain management solutions across the globe.

Founded in 1907, the company is considered as one of the largest delivery and shipping courier service provider worldwide.

United Parcel Services Inc has business operations across North America, Latin America, Indian subcontinent, Europe, Africa and Middle East countries.

The company provides less-than-truckload transportation and global supply chain management services.

United Parcel Services Inc operates under two reporting segments:

• Global small package
• Supply Chain and Freight

The global small package comprises of package delivery in the United States and Internationally. Unites Parcel Services Inc delivers express letters, documents, palletized freight and packages by air and ground delivery facilities.

It also operates as a transportation and logistics solutions provider.

United Parcel Services Inc caters to various customers, including medium-to-large scale business, private businesses, and individual shippers.

In addition, the package delivery company provides a portfolio of return services in over 140 international locations.

United Parcel Services Inc operates through international units in Florida, Canada, China, Germany and Hong Kong.

The logistics solutions provider reportedly earned majority of revenue from its international package operations in Europe in 2020.

The global packaging company also aims to become more sustainable and reduce carbon emissions from across its business operations.

In addition, the US-based company also claims to innovate and develop latest packaging solutions that improve timely delivery, online tracking of import and export, international tools and shipping to speed up custom clearance without compromising on security and compliance, maintaining temperature-sensitive shipping to prevent the package from spoilage.

United Parcel Services Inc further claims to focus on streamlining the supply chain process by sharing data across enterprise and reducing errors to improve logistics solutions.

On the official website, the packaging company provides tracking and cost-estimation of shipment for customers across the globe.

United Parcel Services Inc also provides discounts and membership program.

The global packaging firm operates through various subsidiaries, including UPS Global Treasury Plc, UPS SCS Inc, UPICO Corporation, BT Realty Inc, Coyote Logistics, LLC, UPS Supply Chain Solutions Ltd, UPINSCO Inc, etc.