Question

What is the background of the United Parcel Service, Inc., 2013?

Answer 1

Headquartered in Atlanta, Georgia, the United Parcel Service competes as a multinational package delivery, freight forwarding, and other business services company. The company serves over 220 countries and territories worldwide as well providing extensive shipments to virtually everywhere in the USA. The company is the world’s largest publically held shipping company that delivers directly to the consumer with revenues exceeding $50 billion in both 2011 and 2012. The company has recently agreed to a new labor agreement with their employees that contributed to operating income falling from $6 billion in 2011 to $1.3 billion in 2012.