Company Watch - UPS.
O.A.R. to Offset Carbon Footprint with Help from UPS. O.A.R.Os summer concert tour is more sustainable this year thanks to UPS and a new service the logistics leader launched in May with Live Nation Entertainment to help touring musical artists reduce their transportation CO2 carbon footprint. O.A.R.Os latest concert tour began in Milwaukee, Wis., on July 6 and will conclude in Atlanta on Sept. 3. UPSOs first step in helping the band required a detailed assessment of O.A.R.Os existing transportation carbon footprint, which involved an analysis of the size, weight and dimensions of all the equipment needed for the tour, the mode of transport used and the route and distance traveled. UPS used the data to develop a logistics strategy to drive down waste, increase efficiency and reduce emissions during the tourOs 28 events across the U.S. When the tour is completed, UPS will purchase and retire certified carbon offsets to mitigate any remaining CO2 emissions, making the transportation aspects of the tour carbon neutral. UPS is the exclusive global package, shipping and logistics sponsor of Live Nation Entertainment. UPS also serves as an Official Sustainability Partner of Live Nation Entertainment, with both parties working together to reduce waste and use more efficient products. Aug 23, 2011
UPS Marks Birthday at NYSE with Thanks to Employees. UPS today kicked off its 105th year of service by ringing the bell to open trading on the New York Stock Exchange and honoring employees worldwide who serve the logistics needs of their customers and communities. Seven UPS employees were selected to represent the companyOs 400,600 workers on the NYSE platform. The company also marked the recent publication of the latest edition of its annual Sustainability Report by exhibiting one of its alternative fuel vehicles [ETH] a hybrid-electric delivery truck -- outside the Exchange on Wall Street. UPS, founded as a Seattle messenger service on Aug. 28, 1907, by a 19-year-old named Jim Casey, was owned privately by employees, retirees and various foundations until Nov. 10, 1999. On that day, UPS issued 109.4 million Class B shares representing 10 percent of the companyOs outstanding shares in what was then the largest IPO in U.S. history. Over the ensuing 12 years, public ownership of UPS has grown from 10 percent of the companyOs stock to 75 percent and revenue has jumped from $27 billion in 1999 to $49.6 billion in 2010. Since going public, UPS has dramatically transformed itself by developing a broad range of logistics services in addition to its package and freight delivery options. The employees who joined company leaders atop the podium today represented various examples of logistics activities at UPS. One, for example, a UPS pilot, flies around the world to support the industryOs largest transportation network. Two others, drivers, demonstrate an amazing commitment to safety on the road. And highlighting UPSOs commitment to the small business community was the co-owner of five The UPS Store [umlaut] locations in the New York area. The outdoor Wall Street display featured a hybrid-electric delivery truck of a type thatOs been deployed in New York City for several years. The vehicle utilizes one of seven different types of alternative fuel technologies that UPS has either tested or deployed as part of its Orolling laboratory.O The fleet, which now numbers 2,292 vehicles, last year topped 200 million miles driven since 2000. Aug 26, 2011
Jim Barber Named President of UPS Europe. UPS has appointed Jim Barber, a 26-year UPS veteran, its new president of the UPS Europe Region with responsibility for Europe, the Middle East and Africa. Barber, 51, most recently served as the chief operations officer of the Europe Region and succeeds the retiring Wolfgang Flick as the regionOs president. In his new role, Barber will be responsible for all UPS package, cargo and logistics operations in 120 countries and territories with more than 40,000 employees. Barber joined UPS in 1985 as a delivery driver in the United States in Georgia, then was promoted into management later that same year and began moving through a series of accounting and billing positions. In 1993, he was promoted to controller of the West New York District in Buffalo, N.Y., then transferred to a similar position with the North Illinois District before being promoted again in 1998 to controller coordinator of the West Region. In 2000, Barber transferred to UPSOs global headquarters in Atlanta to join the Mergers and Acquisitions Group, then became controller of the Southeast Region before assuming the post of Europe Region Controller in Brussels in 2004. In January 2006, Barber was promoted to the post of president of the UK and Ireland District, based in London, then moved to his current post as region chief operations officer in 2010, based in Brussels. In his most recent assignments, in London and Brussels, Barber has played key roles in overseeing the integration of one of UPSOs largest recent acquisitions and in setting the stage for the 2012 London Olympics. The acquisition of LYNX Express Ltd. in late 2005 significantly expanded the scope of UPSOs operation throughout the United Kingdom and it fell to Barber as the DistrictOs president to guide that integration. In 2008, Barber oversaw a $105 million investment that led to the construction and opening of the Tamworth ground hub, the companyOs largest facility in the UK and second largest in Europe. And in both his District and Region positions, Barber has been overseeing preparations that are now reaching a feverish pace to launch the logistics network necessary to stage the 2012 Olympics, a task described as the biggest peacetime logistical undertaking in the world. As it did in Beijing in 2008, UPS is serving as the official logistics and express delivery provider of the London Games. It will be up to UPS to operate the Games Logistics and Command Centre as well as provide an integrated supply chain network that includes logistics planning, warehousing services and transportation. Flick is retiring after 35 years of service to UPS, including the last 7 years as president of the Europe Region. He is a ODay OneO employee of UPSOs first expansion beyond North America, when the company launched its German operation in 1976. Flick originally joined the company as a center supervisor in Giessen, Germany, then moved through a series of positions of increasing responsibility. By 1987, Flick had been promoted to the post of air manager for the Europe Region, then became the district manager of the Cologne Air / International District in 1991. In 1995, Flick became the president of the Utah-Idaho District in the United States, then became the president of the South Europe District. In 2001, Flick became the president of the Germany District and in 2004, was promoted to president of the Europe Region. During his tenure as Region president, Flick directed the expansion of UPSOs European air hub in Cologne [ETH] the largest construction project outside the U.S. in the companyOs history [ETH] then built what is now a massive campus to serve healthcare customers in The Netherlands. He also oversaw the acquisitions of companies in Poland, Romania, Slovenia and Turkey to expand UPSOs European footprint. OWolfgang deserves the credit for initially establishing UPSOs European air network, designing and opening the Cologne air hub and putting together the pieces of that air operation,O Brutto noted. OHis vision and leadership also were instrumental in successfully transforming our European network into an integrated supply chain service provider. HeOs played a leading role in building UPSOs international infrastructure.O UPS (NYSE:UPS - News) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, Ga., UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS. Aug 22, 2011
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|Article Type:||Company overview|
|Date:||Aug 29, 2011|
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