Known for its brown trucks, United Parcel Service delivers almost 15 million packages a day to 7.9 million customers in around 200 countries. Like all companies that had their humble beginnings, UPS was founded by Jim Casey and Claude Ryan in Seattle on August 28, 1907.
However, it was only twelve years later that the name United Parcel Service was adopted, thanks to the ever-growing fleet of vehicle that was managed so efficiently by Charles W. Soderstrom. By 1930, not only did they expand their services to New York but also to major cities in the east and mid-west.
By 1959, with the acquisition of common carrier right, UPS had expanded their services that involved delivering packages between all addresses to both private and commercial customers, and in a matter of 15 years begins to service all 48 contiguous states in the United States, while also diversifying their operation in Europe and Canada.
The eighties saw UPS offering the Next day service as well as the launch of UPS airlines, and with a series of acquisitions, became a public company on November 10 1999.
Since most of UPS’ competition comes from inexpensive ground-based delivery services, with players like DHL and Fedex vying for a share of the market, its response by teaming up with the US Postal Service to create the UPS Mail Innovations, taking the delivery package service to the next level.
And in celebrating their 100th anniversary on August 28, 2007 with revenue of about $ 41.3 billion, and with a strong foothold in the logistics business for so long now, UPS will continue to grow from strength to strength in the coming years.