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United Parcel Service

United Parcel Service

United Parcel Service (UPS) is a package delivery service provider. The company offers a broad range of supply chain solutions, including transporting packages and freight, facilitating international trade and deploying technologies to more efficiently manage business. UPS has over 10 million customers in 220 countries and delivers more than 4 billion packages each year. The company has over 444,000 employees and 2,500 worldwide operating facilities.

As an operator of more than 110,000 vehicles, United Parcel Service significantly reduces its environmental impact by increasing efficiencies and using sustainable fuels. By the end of 2017, the company expects to have driven more than 1 billion miles in alternative fuel and advanced efficiency technology vehicles. UPS also plans to purchase an additional 60 million gallons of renewable diesel and renewable natural gas over the next several years. Since 2010, the company has avoided the equivalent CO2 emissions of 4.6 million vehicles by decreasing the carbon intensity of its small package delivery services 15%, its airline transport services 10% and its supply chain and freight services 25%. UPS aims to reduce the companywide carbon intensity of its operations 20% by 2020. Additionally, the company is more than halfway toward its goals of planting 15 million trees and volunteering over 20 million hours by 2020. UPS’ supplier diversity program has produced more than $2.3 billion in economic impacts, too.

The United States Equal Opportunity Employment Commission has filed a lawsuit against United Parcel Service for discriminating against individuals whose religious affiliations required growing beards. The company has faced numerous other lawsuits regarding workforce management and relations.



Industry: Industrials
Country: United States
Website: http://www.ups.com
Disclaimer:

To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 12/31/16 and may not reflect current opinions or subsequent events.


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