United Parcel Service
My article is taken from the newest Common Stock Shareowners Report, in which it outlines its business strategies for now and for the future. Right now is a special time for the company, it is planning to open itself to the open market, by putting shares of it's common stock on the New York Stock Exchange. You say to yourself, "What's so special about that? Companies all the time structure themselves to be publicly traded on the open market. Well, UPS has been privately owned for ninety-two years, with managers and employees holding a majority of the stock. The old UPS will become a subsidiary of newly created UPS and the common stock will be divided in two classes of stock. Class A ...
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a lot of capital so the UPS can be unrestricted and competitive in acquisitions of its business. Second, is these acquisitions lets UPS consolidate into other businesses which end up helping them secure that UPS doesn't get left behind in the 21st century.
This merger in the open market doesn't mean that UPS needs capital to keep going, it is financially one of the world's best companies. Standard and Poor's and Moody's have reports on companies that are doing will, (usually in the Stock Exchange), they assigned different credit ratings to show how strong financially companies are. They rank UPS with a triple-A credit rating, a rating that only a few companies have, and the only transportation company to receive it. This shows that UPS is very stable company and helps to make investments in technology and fleet position.
An investment in technology is UPS's expanding business over the Internet. Like all businesses, UPS has found that e-commerce provides new frontiers in ...
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and strengthens ties to our customers while, decreasing the costs of doing business.
Fleet position is another bases for the triple-A credit rating. UPS's properties and facilities makeup warehousing, office space, aircraft and delivery vehicles. The headquarters of UPS is centered in Atlanta, Georgia which is 735, 000 square feet, this other than the 1.9 million square feet facility in Chicago, Illinois are the largest U.S. operating facilities that UPS owns. Typically, UPS has 1,600 operating facilities in the U.S., with twenty-nine of them being 354,000 to 693,000 square feet, and owning 730 smaller ones. About 873 are leased, in which drivers are stationed for sorting, ...
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United Parcel Service. (2006, January 26). Retrieved December 23, 2024, from http://www.essayworld.com/essays/United-Parcel-Service/40257
"United Parcel Service." Essayworld.com. Essayworld.com, 26 Jan. 2006. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/United-Parcel-Service/40257>
"United Parcel Service." Essayworld.com. January 26, 2006. Accessed December 23, 2024. http://www.essayworld.com/essays/United-Parcel-Service/40257.
"United Parcel Service." Essayworld.com. January 26, 2006. Accessed December 23, 2024. http://www.essayworld.com/essays/United-Parcel-Service/40257.
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