Fedex corporation

Essay by mikoyan144University, Master'sB+, February 2006

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OUTLINE

I INTRODUCTION 2

II HISTORY 2

III RECENT DEVELOPMENTS 2

United Parcel Service of America, Inc.

I INTRODUCTION

United Parcel Service of America, Inc. (UPS), largest package-delivery company in the world. The company provides shipment of letters, parcels, and freight worldwide. Based in Atlanta, Georgia, UPS is one of the largest privately owned companies in the United States.

II HISTORY

The company was founded in 1907 in Seattle, Washington, by 19-year-old Jim Casey, who saw the need for a private delivery service. At the time, the United States Postal Service had not yet introduced its parcel post system. Casey named his company American Messenger Company, and with a crew of six messengers, began delivering messages and meals by bicycle. Soon the company acquired a Ford Model T automobile and seven motorcycles to deliver parcels for retail businesses. In 1913 the company merged with a competing service to form Merchants Parcel Delivery.

By 1918 it was delivering packages from three of Seattle's largest department stores to their customers. By this time the company had adopted its signature brown color used on all of its trucks and uniforms.

In 1919 the company extended its operations by buying a delivery service in Oakland, California. That same year the company changed its name to United Parcel Service of America, Inc. In 1930 the company relocated its headquarters to New York City and began delivering parcels for department stores there. Expansion continued rapidly, and by the 1950s UPS served stores in 16 U.S. metropolitan areas.

UPS began losing business in the late 1940s as more people migrated to the suburbs. With rising car ownership and easy access to suburban shopping centers, customers began to take more of their purchases home with them. As a result, Casey decided to concentrate on door-to-door pickup and delivery...