Standard Owner Benchmark - UPS

By CommonShare

United Parcel Service (UPS) is a global package delivery and logistics company. It was founded in Seattle, Washington, in 1907 by James E. Casey and Claude Ryan as a messenger company called American Messenger Company. Over the years, the company evolved and expanded its services to become one of the world's largest and most recognized package delivery companies.

UPS is known for its brown delivery trucks and uniforms. It offers a wide range of services, including domestic and international shipping, freight transportation, supply chain management, and logistics solutions. The company operates in more than 220 countries and territories worldwide, serving millions of customers and handling a vast volume of packages and shipments.

UPS operates on a for-profit basis, generating revenue primarily through its transportation and logistics services. The company's business model revolves around providing reliable and efficient delivery services to businesses and individuals around the world. Customers can choose from various shipping options based on their needs, including ground transportation, air freight, express delivery, and specialized services for specific industries.

In addition to its core package delivery and logistics operations, UPS has also invested in technology and sustainability initiatives. The company utilizes advanced tracking systems, route optimization software, and other innovative technologies to enhance its operations and improve customer service. UPS is committed to sustainability and has implemented various measures to reduce its environmental impact, such as using alternative fuel vehicles, investing in renewable energy, and optimizing its network efficiency.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol "UPS," UPS is accountable to its shareholders and aims to generate profits and create value for its investors.

Overall Rating

1.6
Under-Performing

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.