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Business Description
United Parcel Service, Inc. (UPS), a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It offers a range of supply chain solutions, such as freight forwarding, customs brokerage, fulfillment, returns, financial transactions, and repairs. The company’s domestic operations include delivery of letters, documents, and packages in the United States; and international package operations include delivery of goods to approximately 200 countries and territories worldwide. UPS also offers various supply chain services, including logistics and distribution services, such as supply chain management, order fulfillment, inventory management, receiving and shipping, service parts logistics, reverse logistics, and cross docking, as well as distribution center design, planning, and management; and international trade management services, including freight forwarding, customs brokerage, and international trade consulting. It also provides transportation and freight forwarding, and consulting services, as well as electronic services, such as UPS CampusShip, Consignee Billing, Quantum View Manage, Delivery Confirmation, and UPS Returns to support automated shipping and tracking. In addition, it offers financial services that provide customers with short- and long-term financing, secured lending, working capital, government guaranteed lending, letters of credit, global trade financing, credit cards, and equipment leasing. As of December 31, 2004, the company operated a fleet of 268 aircraft, as well as a ground fleet of approximately 88,000 package cars, vans, tractors, and motorcycles. United Parcel Service was founded in 1907 and is headquartered in Atlanta, Georgia.

Financial Information
For the nine months ended 9/30/04, revenues rose 9% to $26.74 billion. Net income rose 21% to $2.47 billion. Results reflect higher U.S. ground and air volume, higher export volume and improved operating margins.