History of UPS (United Parcel Service)

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  • Опубликовано: 28 май 2024
  • #businesshook #businessstory #businesshistory
    United Parcel Service, Inc., or UPS, is the world's largest package delivery company. In 2003, the Atlanta-based company shipped approximately 3.4 billion items to over 200 countries and territories. Although it began as a simple bicycle messenger service in 1907, how did it rise to such heights?
    UPS began its post-IPO acquisition spree in 2000, when it purchased Challenge Air Cargo, a Miami-based freight carrier that operates in Latin America. UPS paid approximately $185 million in cash in April 2001 for Mail Boxes Etc., a franchise-based chain of stores in the United States that provides packing, shipping, and mail services. UPS acquired Fritz Companies, Inc. in a $456 million stock swap in May 2001 as part of the company's aggressive move into global supply-chain management. Then, in late 2002, UPS Freight Services and UPS Logistics Group merged to form UPS Supply Chain Solutions, a streamlined unit with operations in 120 countries.
    Despite the implosion of numerous e-commerce companies and the package deliveries that died with them, UPS managed to grow during the recessionary early 2000s. Total revenues reached $33.49 billion by 2003, with faster growth in international package deliveries and non-package operations making up for shortfalls in the US package delivery sector. Even now, UPS remains one of the most respected companies in its industry and a formidable competitor.

Комментарии • 36

  • @Timebaysball
    @Timebaysball Год назад +11

    How did they manage to mess up almost every number shown in the video? They don’t match up to what he says. Like they don’t know how zeros work

    • @ssgbrooks1
      @ssgbrooks1 Год назад +1

      It’s that New Math

    • @roundwheels
      @roundwheels Год назад

      no u have to add three more zeros

    • @roundwheels
      @roundwheels Год назад

      @@ssgbrooks1 nope read my reply to timebaysball

    • @zttz
      @zttz 11 месяцев назад

      But he has an accent so it must be true

    • @JonSanders
      @JonSanders 10 месяцев назад

      He does have an accent. You might wanna check yourself.

  • @ProgressiveDiscussions
    @ProgressiveDiscussions Год назад +1

    The Teamsters Union with UPS has much more power now in their negotiations because since the pandemic more and more people are making their purchases online which requires parcel delivery.

  • @chenzenzo
    @chenzenzo Год назад +5

    Hi, I'm Vincenzo. I've worked here for over a year and a half.
    I come to work with a solid gold attitude, a open heart and an open mind for whatever today brings. I can assure you that I will give my absolute best at all times, and try to make your experience in our store as enjoyable as possible.
    When on delivery, I busy my ass to make sure that I don't have to deal with Steve Martin in 1987....
    While it is currently Christmas season, which is our busiest time of year, what gets my through every day is the interactions I have with people everyday. I can help people save money, time and send whatever they need to wherever they want in less than five minutes, but it's the interactions I have with people that give my work purpose.
    As you may already know from reading previous reviews of our store, I go out of my way to make sure that everyone is recognized, understood and taken care of like I would my own best friend or grandmother.
    It drives me crazy when I go somewhere to shop or ask questions about services and either nobody is available or all of the the available people are congregating together away from patrons and people who just want help.
    I also work with some fine people and can actually say that my boss is my friend.
    Listen, retail is hard.
    Shipping and Receiving is hard.
    Combine the two with customer service and
    you got a job most people wouldn't want to do.
    We have almost a thousand mailboxes and have to deal with each and every mailbox holder.
    We deal with entitled jerks on a daily basis and quite often we deal with people who don't understand how much goes into our work and the business behind it:
    I deal with every single shipping company in America or available to America and handle shipments on a regular basis. The basis being that I need to understand my job of understanding shipping labels and doing my absolute best to make sure every parcel and package is delivered or shipped to the correct person.
    This job requires rapid understanding of multiple applications, addresses, geography, customer service, sub windows systems, detective work, interpersonal skills, sales, measurements and many other factors which may be experienced.
    We deal with every shipping company under the sun and we all bust our butts to make sure that what needs to go some place gets there when it's supposed to be there.
    And you know what?
    That's that...
    That's the job...
    That's what it is....
    Thank you for your listening...

  • @witch_doctorRO
    @witch_doctorRO Месяц назад

    Nine 0s is billions (1,000,000,000), Six 0s is millions(1,000,000), 5 0s is hundred of thousands (100,000)

  • @stenammusicgroup8573
    @stenammusicgroup8573 Месяц назад

    Hey can you cover about dhl

  • @1wwechannel
    @1wwechannel Год назад +3

    I have a question how did UPS expand in San Francisco in 1953 and in the beginning of the video you said that UPS expanded already in San Francisco in the 1920's

  • @GrayPlayer
    @GrayPlayer 11 месяцев назад +1

    Thought is was originally from Railroad Express!

    • @BusinessHook
      @BusinessHook  10 месяцев назад

      Thanks for your valuable comment

  • @kellylevy8370
    @kellylevy8370 10 месяцев назад +1

    EVERYBODY.... Please read this before you use this company !!
    I was expecting a delivery which confined fresh food " Kosher".... Unfortunately I was taken ill in the early hours, prior delivery which was friday 26 May, I got in touch with them and they said they will attempt another delivery, IF that is missed then they will take parcel to a collection point..I informed them I was house bound so it needed to be delivered..NO PROBLEM, they said..and I waited for them to come...and I waited & waited..
    Got back in touch with them, and they said it would definitely be delivered on the Monday 29th possibly Tuesday 30th....nothing came until.... Monday 5th june...so imagine this, FRESH FOOD, not refrigerated for 10 days...the delivery driver had his top pulled over his mouth/nose the STENCH was UNBELIEVABLY DISGUSTING... I told my son don't open it the smell was THAT BAD ...
    That food cost my £70 my boys had to re..bag it several times to hide the smell so as to throw it all AWAY...
    UPS said they would need proof, photos, and THEY would need to inspect parcel, as obviously I must be telling LIES, common sense would tell you FRESH FOOD not refrigerated for over 10days... Wouldn't be edible to man or beast..but they still don't believe me and have refused to compensate me..what do YOU ALL REALLY THINK...BE 100% HONEST, if you were me and this happened to you, tell me ?!

    • @BusinessHook
      @BusinessHook  10 месяцев назад

      Thanks for your valuable comment

  • @kfergus3662
    @kfergus3662 Год назад +1

    The worst place I’ve ever worked and didn’t get paid.

  • @EmmaBautista-te7fr
    @EmmaBautista-te7fr Год назад +1

    Why ups company have shipping pay for reciever pay why???

    • @drew65sep
      @drew65sep Год назад +1

      Because the companies you buy from want to recoup their shipping charges. EVERYTHING trickles down to the consumer. Business 101

    • @BusinessHook
      @BusinessHook  Год назад

      Thanks

  • @kharimarie
    @kharimarie Год назад +1

    Omg lol

  • @ashokmehra540
    @ashokmehra540 9 месяцев назад +1

    Very very very poor service. I have paid two times. One month delay, paid double. Very very very poor service in Italy.

    • @BusinessHook
      @BusinessHook  9 месяцев назад +1

      Thanks for sharing your valuable experience

    • @ashokmehra540
      @ashokmehra540 7 месяцев назад

      @@BusinessHook so poor service.
      Now they are sending me new letter to pay tax.
      I'm taking consumer help.

  • @guitarciaaleon5900
    @guitarciaaleon5900 Год назад +1

    🛸🦪

  • @fayparenzin3801
    @fayparenzin3801 Год назад

    When u r showing the amount they are making I believe u r putting thousands and not millions

  • @miguelguerrero8904
    @miguelguerrero8904 7 месяцев назад

    UPS is the worst delivery enterprise in the whole world, but specially in germany where they are depreciated to the lowest limit

    • @BusinessHook
      @BusinessHook  6 месяцев назад

      I'm sorry to hear about your bad experience with UPS. It can be frustrating when a delivery service doesn't meet expectations.

    • @saltysailor141
      @saltysailor141 5 месяцев назад

      Wrong. UPS is amazing….its made me a rich rich American! 🇺🇸

  • @destineequinton3474
    @destineequinton3474 Год назад +1

    p̳r̳o̳m̳o̳s̳m̳ 😓