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United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
In 2005, Lynx Express was acquired by UPS for £55.5 million (US$97.1 million). [5] At the time, Lynx Express was one of the largest parcel carriers in the UK, with sales of $295 million (£170 million) for the financial year ending 2 October 2004. [6] The company was subsequently integrated into UPS, and the Lynx brand disappeared.
Parcelforce Worldwide is a direct competitor of other worldwide delivery brands, such as DHL, DX Group, FedEx and UPS. Parcelforce Limited operates a "hub and spoke" collection and delivery system with two hubs in the West Midlands, south of Coventry. One hub is for parcels for the United Kingdom, and the other for international parcels.
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UPS Airlines is a major American cargo airline based in Louisville, Kentucky, US. [8] One of the largest cargo airlines worldwide in terms of freight volume flown, UPS Airlines flies to 815 destinations worldwide. [9] It has been a wholly owned subsidiary of United Parcel Service since its launch in 1988.
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