United Parcel Service (UPS) is a package delivery and logistics company, described as the world's largest package delivery service. It delivers parcels and freight worldwide, providing end-to-end logistics and supply chain solutions to customers in over 220 countries and territories. The company was founded in 1907 by two teenage entrepreneurs in a Seattle basement with a $100 loan, and now operates as a publicly traded global corporation.
The workforce numbers more than 400,000 employees in the United States alone, of whom 330,000 are represented by the Teamsters. UPS positions hourly work as a long-term career, with delivery drivers earning total compensation averaging $145,000-$172,000. Benefits include $0-premium healthcare, defined-benefit pensions, and up to seven weeks of paid vacation.
Advancement within the company is common: 18,000 members of the management team began in union positions. UPS has invested $742 million in tuition assistance, allowing part-time employees to earn degrees without student debt. Roles span package delivery and tracking, logistics and supply chain management, and freight transportation and distribution, in a business that describes its purpose as moving the world forward by delivering what matters.
