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On August 28, 1907, James Casey founded the American Messenger Company with Claude Ryan in Seattle, Washington, capitalized with $100 in debt.
By Christmas 1912, it had 100 employees and a second office closer to Seattle's retail district, at 1602 1/2 4th Avenue.
Until 1913, all special delivery mail entering Seattle was distributed by the American Messenger Service.
In 1913, it merged with McCabe's Motorcycle Delivery Service and was renamed Merchants' Parcel Delivery, with Casey as president.
The company also bought its first car, a 1913 Model T Ford, and attached a truck bed to its back.
In 1913, the company acquired a Model T Ford as its first delivery vehicle.
By 1915, Merchants' Parcel Delivery was using four autos and five motorcycles, and employing only 20 foot messengers.
In 1915, by which time the fleet had expanded to four cars and five motorcycles, the company began painting its delivery vehicles brown.
1915: The company begins painting its delivery vehicles brown.
In 1916, Charlie Soderstrom joined Merchants Parcel Delivery bringing in more vehicles for the growing delivery business.
By 1918, three of Seattle's largest department stores had become regular customers of Merchants' Parcel Delivery, disposing of their own delivery cars and trucks (which Casey and his associates often purchased, painted brown, and added to their growing fleet).
The new logo kept the shield that had been part of the logo since 1919, though the shield was modernized with a more three-dimensional look.
Expansion into Los Angeles, California—then the fastest growing city in the United States—took place in 1922.
Common carrier service was acquired in 1922 from a company in Los Angeles, California.
By 1927, UPS had expanded to include all the major cities on the Pacific Coast.
The firm diversified into air delivery services in 1929 via its new United Air Express division, which had convinced airlines to allow UPS packages on passenger planes.
Air service through UPS was first used in 1929 through private airlines.
1930: Operations are expanded to New York City, which also becomes the location of the company's new headquarters.
In 1930, a consolidated service began in New York City, and soon after in other major cities in the East and the Midwest.
He and his siblings -- George, Harry, and Marguerite -- had established the Foundation in 1948, in honor of their mother.
1953: UPS begins a steady expansion of its common-carrier parcel business, through which it picks up parcels from anyone and takes them to anyone else; UPS Air is launched as a two-day air express service connecting major cities on the East and West Coasts.
The first city for UPS to use common carrier status outside California was Chicago, Illinois, in 1953.
In 1953, UPS resumed air service called UPS Blue Label Air with two-day service to major cities along the East Coast and West Coast.
Simultaneously, the corporation revamped its logo for the first time since 1961.
Jim Casey retired in 1962; he was succeeded as CEO by George D. Smith.
In 1966, Casey sharpened the focus of the Foundation to the welfare of children in long-term foster care.
UPS handled 500 million packages in 1969 for 165,000 regular customers.
The company had 22,000 drivers in 1969, and most were kept on the same route to develop a relationship with customers.
In 1970 Congress considered a reform of the United States Postal Service that would allow it to subsidize its parcel post operations with profits from its first-class mail.
Federal Express Corporation (FedEx), however, which began operations in 1973, was siphoning off a growing amount of UPS's business.
In accepting packages from the general public, UPS put itself in competition with the parcel post service of the United States Post Office (now United States Postal Service). Not until 1975 did UPS clear away regulatory barriers to operation in all 48 contiguous states.
In 1975, meantime, UPS achieved a long coveted goal when it became the first package delivery firm to serve every address in the continental United States.
Additionally in 1975, UPS went international by establishing operations in Canada.
In 1975, UPS moved its headquarters to Greenwich, Connecticut, and began serving all of the 48 contiguous states of the United States.
In 1976 UPS launched service in West Germany with 120 delivery vans.
1976: UPS enters the European market through the start-up of a delivery service in West Germany.
In 1976, UPS established a domestic operation in West Germany.
By 1978, the Blue Label air service was offered in all 50 United States states.
George C. Lamb, Jr., succeeded Harold Oberkotter as UPS chairman in 1980.
By 1980 UPS earned $189 million on revenues of $4 billion, shipping 1.5 billion packages.
UPS continued to grow rapidly, aided by trucking deregulation in 1980.
Package volume grew by 6 percent in 1981.
When UPS then released information showing its net income rose 74 percent in 1981, labor relations worsened.
Sales exceeded $10 billion for the first time in 1987. For example, UPS paid $28 million for nine used 727 aircraft in 1981.
In 1982 UPS ran its first-ever television ads, trying to convince executives that two-day service was fast enough for most packages.
In 1982 UPS earned $332 million on $5.2 billion in sales.
1982: UPS Next Day Air, an overnight air delivery service, debuts.
Cofounder Casey was active in UPS management until his death in 1983.
Bitterness continued between UPS management and drivers as company profits swelled 48 percent to $490 million in 1983.
UPS paid $208 million for an additional 13 cargo jets in 1984.
Jack Rogers became UPS chairman in 1984.
UPS Next Day Air Service was launched in 1985 for all 48 contiguous states plus Puerto Rico.
In 1986, to compete with technology developed by Federal Express, UPS launched efforts to automate door-to-door package tracking.
Entering the field of overnight air delivery, the company started UPS Airlines in 1988.
By 1988, sales had jumped to $11 billion; more than 2.2 billion packages were shipped that year.
UPS bought its Italian partner, Alimondo, in 1988, hoping to use it and its German base to expand through Europe.
In 1988, UPS Airlines was launched with authorization from the Federal Aviation Administration and became the fastest-growing airline in FAA history- currently the 10th largest airline in the United States.
International sales accounted for 6 percent of annual revenues in 1989, compared to 2 percent the previous year; this growth in international activity stemmed from the addition of several countries to UPS shipping routes.
Kent C. Nelson succeeded Jack Rogers as chairman and CEO in 1989.
Domestic air service was added to Germany in 1989.
UPS paid $11.3 million for a 9.5 percent stake in rival Mailboxes, Etc. in 1990.
The company's management structure was relatively informal, stressing partnership and the involvement of management at all levels. Its 3,700 stockholders (a number raised to 23,000 by 1991) were its own top and middle managers and their families.
By 1992, the corporation was investing more money in computers than in ubiquitous brown vehicles.
Following this in 1992, UPS acquired both Haulfast and Carryfast and rebranded them UPS Supply Chain Solutions.
In 1992, UPS began tracking all ground shipments electronically.
The company's Worldwide Logistics subsidiary (formed in 1993) offered clients everything from inventory management to warehousing and, of course, delivery.
By 1993, UPS was delivering up to 11.5 million packages and documents per day.
In 1994, UPS.com debuted, and provided an interface to make what was primarily internal operational information available for customer access.
UPS began allowing clients to track their packages on the Internet in 1995.
Another important development during this period came in 1995, when the corporation introduced a new stock purchase program that was open to all UPS employees--both full- and part-time; previously, only management was given the opportunity to buy the stock.
By 1995, in fact, losses on the company's European assault totaled nearly $1 billion.
In 1995, UPS acquired SonicAir to offer service parts logistics and compete with Choice Logistics.
The strike cost UPS $700 million in lost revenue, resulting in less than 1 percent sales growth for the year and a decline in profits to $909 million from the 1996 figure of $1.15 billion.
Although a highly publicized strike that year cost the firm roughly $200 million in 1997, sales exceeded $22 billion that year.
In 1998, the firm began working with online retailers to place UPS package shipment data on their Web sites so that shoppers could avoid the extra step of securing a tracking number from the retailer and then logging onto the UPS Web site.
UPS shook off any lingering effects from the strike by 1998 when its domestic shipping revenues jumped 9.4 percent, reaching $20.65 billion.
"A Century of Business," Puget Sound Business Journal, September 17, 1999; Junior Achievement of Greater Puget Sound Hall of Fame Series; "Company History," UPS Website, accessed September.
Although UPS sold a 10 percent stake in the company to the public in November 1999 through newly created Class B shares, the Class A shares, which control 99 percent of the voting rights in the company, remain in private hands, mostly those of employees and retirees.
On November 10, 1999, UPS became a public company in the largest initial public offering of the century.
Not until 1999 were shares first offered to the public.
In 1999 company executives determined that UPS needed the added flexibility of publicly traded stock in order to pursue some larger acquisition targets.
Rynecki, David. "Net Effects: Why E-Commerce Makes UPS a Complete Package, But Not FDX." Fortune, February 7, 2000.
The following year, Gateway 2000 hired UPS to ship more than half of its computer equipment; the contract was valued at $350 million.
The arch-rival had bought a truck-based shipping company earlier in the year and then in 2000 launched two new truck-based delivery services: FexEx Ground, specializing in business-to-business deliveries, and FedEx Home Delivery, concentrating on deliveries to residences.
FedEx: Ground Wars." BusinessWeek Online, May 21, 2001.
United Parcel Service, Inc. "The UPS Story." Atlanta, GA: United Parcel Service, Inc., 2001.
In 2001, UPS acquired Mail Boxes Etc., Inc.
Also in 2002, UPS extended its money-back guarantee for on-time ground-delivered packages to include residential shipments within the continental United States, and it also launched an advertising campaign featuring a new slogan, "What can Brown do for you?"
2002: The company's supply-chain management operations are merged to form a new unit, UPS Supply Chain Solutions.
The Atlanta-based business delivered approximately 3.4 billion items throughout more than 200 countries and territories in 2003.
Also during 2003, UPS attempted to fend off the inroads that FedEx and other competitors had made into its core domestic ground shipping business by shaving at least one day off the amount of time it needed to ship items between more than half of the largest United States metropolitan areas.
In 2003, approximately 3,000 Mail Boxes Etc., Inc. were rebranded as The UPS Store.
In 2004, UPS entered the heavy freight business with purchase of Menlo Worldwide Forwarding, a former subsidiary of Menlo Worldwide.
On August 5, 2005, UPS announced that it has completed its acquisition of less-than-truckload (LTL) trucking company Overnite Transportation for US$1.25 billion.
On October 3, 2005, UPS completed the purchase of Lynx Express, one of the largest independent parcel carriers in the United Kingdom, for £55.5 million (US$97.1 million) after receiving approval for the transaction from the European Commission.
The first joint package car center operation in Dartford, Kent, was opened in 2006.
On August 28, 2007, United Parcel Service celebrated its 100th anniversary.
By 2007, UPS planned to increase its non-shipping business, particularly its logistics, freight forwarding, and e-business services, from seven percent of its revenues to 15 to 20 percent of annual sales.
All Nippon Airways, a Star Alliance member, and UPS formed a cargo alliance and code-share to transport member cargo in 2008, similarly to an airline alliance.
In 2011 UPS My Choice® tool launches, allowing customers to schedule deliveries based on their preferences.
On March 19, 2012, UPS announced that it intended to acquire TNT Express for $6.8 billion, in a move to help expand its presence in European and Asian markets.
However, the deal fell through in January 2013, after it was announced that UPS had failed to obtain permission from the European Commission and as such had been blocked on competition grounds.
Merchants Parcel Delivery fleet of vehicles, Seattle, February 12, 2017
In May 2019, UPS launched a partnership with autonomous trucking startup, TuSimple to carry cargo across Phoenix, Arizona, and Tucson, Arizona.
In October 2019, UPS won the approval of the Federal Aviation Administration to fly drones.
On January 29, 2020, UPS announced it was investing in UK start-up Arrival and ordering 10,000 Generation 2 electric vehicles as a step towards a cleaner, more high-tech fleet.
In March 2020, the company has appointed Carol Tomé to succeed David Abney as its chief executive officer.
In March 2020, UPS expands its autonomous trips with TuSimple by adding an extra route between Phoenix and El Paso, Texas.
CEO Carol Tomé reported that Amazon paid UPS $11.3 billion in shipping in 2020, accounting for 13.3% of the company's revenue.
"United Parcel Service, Inc. (UPS) ." Gale Encyclopedia of E-Commerce. . Retrieved April 15, 2021 from Encyclopedia.com: https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/united-parcel-service-inc-ups
In September 2021, UPS entered into an agreement to acquire Roadie for an undisclosed amount with the transaction expected to be closed in the fourth quarter.
After 27 years of providing this information, UPS chose to hide it again for most packages in 2021 and this information is no longer available on their consumer facing website.
In 2021, following the company's shift to target smaller customers to boost profits during the COVID-19 pandemic, UPS reported a 21% jump in their fourth quarter sales to $24.9 billion.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Delta Air Lines | 1924 | $61.6B | 86,564 | 265 |
| Ryder System | 1933 | $12.6B | 39,900 | 5,750 |
| Southwest Airlines | 1967 | $27.5B | 58,803 | 63 |
| Yellow | 1924 | $5.2B | 19,000 | - |
| Werner Enterprises | 1956 | $3.0B | 12,784 | 87 |
| Uber Technologies | 2009 | $44.0B | 22,800 | 23 |
| FedEx | 1971 | $26.1B | 850,001 | 1,042 |
| Lyft | 2012 | $5.8B | 4,369 | 294 |
| Whirlpool | 1911 | $16.6B | 78,000 | 149 |
| CIT Group | 1908 | $2.3B | 3,678 | - |
Zippia gives an in-depth look into the details of UPS, including salaries, political affiliations, employee data, and more, in order to inform job seekers about UPS. The employee data is based on information from people who have self-reported their past or current employments at UPS. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by UPS. The data presented on this page does not represent the view of UPS and its employees or that of Zippia.
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