United Parcel Service of America, Inc
Industry: Trucking

United Parcel Service, Inc. (UPS) is an express carrier package delivery company and a global provider of specialized transportation and logistics services. The Company delivers packages each business day for 1.8 million shipping customers to six million consignees.

Business Summary
United Parcel Service, Inc. (UPS) provides transportation services, primarily domestic and international letter and package delivery. Through its non-package subsidiaries, it is also a global provider of specialized transportation, logistics and financial services. UPS delivers packages each business day for 1.8 million shipping customers to 6.1 million consignees in over 200 countries and territories. During the year ended December 31, 2004, it delivered an average of more than 14.1 million pieces per day worldwide. Its supply chain solutions capabilities are available to clients in 175 countries. UPS operates a ground fleet of more than 88,000 vehicles, ranging from custom-built package cars to large tractors and trailers, and nearly 600 airplanes. In December 2004, the Company acquired CNF, Inc.'s Menlo Worldwide Forwarding.

Financial Summary
For the nine months ended 30 September 2005, United Parcel Service's revenues increased 15% to $30.63B as compared to the prior year. Net income increased 14% to $2.82B. Revenues reflect higher worldwide package volume, average daily volume and international export volume. Net income was partially offset by an increase in operating expenses, interest expense and provision for income taxes.