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United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
It has been a wholly owned subsidiary of United Parcel Service since its launch in 1988. In line with passenger airlines, UPS Airlines operates under the hub-and-spoke model. The airline's primary hub in the United States is at Louisville Muhammad Ali International Airport, where it built a 5,200,000 square foot facility known as UPS Worldport ...
United Parcel Service's (NYSE: UPS) stock closed at an all-time high of $206.37 per share on Feb. 2, 2022. At the time, many investors were impressed by its stable growth, wide moat, and rising ...
The UPS Store (formerly the United States arm of Mail Boxes Etc.) is a franchised subsidiary of United Parcel Service which provides, according to its website, shipping, shredding, printing, fax, passport photos, personal and business mailboxes, and notary services. [1] [2]
United Parcel Service (NYSE: UPS) was once considered a safe blue chip stock, but it actually declined about 32% over the past three years. The S&P 500 index, which the delivery services company ...
In 2005, the company was acquired by United Parcel Service for $1.3 billion. [15] Union Pacific completed the corporate spin-off of Union Pacific Resources, its hydrocarbon exploration subsidiary, in 1996. [16] [17] Anadarko Petroleum acquired Union Pacific Resources in 2000 for $4.4 billion in stock. [18] [19] [20]
The service became quickly popular: for UPS the number of packages tracked on the web increased from 600 a day in 1995 [9] to 3.3 million a day in 1999. [10] On-line package tracking became available for all major carrier companies, and was improved by the emergence of websites that offered consolidated tracking for different mail carriers. [11]
United Parcel Service, an American courier company; UPS or ups may also refer to: Companies and organizations. United Parcel Service subsidiaries.