United Parcel Service

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

Fortune Global 500

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

Fortune 500

The 300 companies on this year’s list brought in over $12.6 trillion in revenue for the latest 12 months, with the median revenue figure at $22 billion.

America's Most Innovative Companies

Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

World's Most Admired Companies

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

Industries included in the sector are airlines, transportation equipment, logistics, mail and freight delivery, railroads, shipping, and trucking.

Fortune Sector Leaders: Transportation

The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The 26th edition of the list shows how much esteem Big Tech giants command among other business leaders.

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The 25th Fortune World’s Most Admired Companies list suggests that tech giants’ peers respect them as much as ever.

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The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

The 300 companies on this list are transforming industries from the inside out.

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

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In 2022 the largest package delivery company in the U.S. saw $100.3 billion in revenue, up 3.1% from the year before. But profits fell 10.4% to $11.5 billion, presaging a difficult 2023. The company has already told investors it expects revenues to be $97 billion for the year, the lower end of its initial guidance, as the pandemic-era e-commerce surge wanes and as inflation inhibits retail spending. 
<ul> 
 	<li>UPS is racing against the clock to negotiate a new labor agreement with the Teamsters union, which represents 340,000 of its workers; its current contract is slated to expire on July 31, 2023.</li> 
 	<li>In 2022 UPS acquired Italian health care logistics firm Bomi and software company Delivery Service, which makes specialized software for same-day deliveries, as it looks to expand its offerings in both areas.</li> 
</ul>

Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

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Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

This year’s Fortune 500 marks the 68th running of the list.

F500 2022 UPS

UPS increased its revenue 15% in 2021, while profits leaped 860%—despite competition with Amazon, supply-chain setbacks, high consumer expectations, inflation, and a tight labor market all putting pressure on the company. Along the way it sold UPS Freight, part of its trucking infrastructure, to TFI International for $800 million and acquired Roadie, a company that takes advantage of the growing gig economy by matching drivers with deliveries they can complete during other trips they’ve already planned out. UPS was also a central artery for vaccine dispersal in 2021, delivering more than 1.1 billion doses in more than 110 countries.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

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Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

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Big Brown continues its reign as the leading U.S. delivery business. Pandemic-fueled demand propelled United Parcel Service 40 spots higher, to No. 89, on this year’s Global 500. UPS’s revenues rose 14.2%, to $84.6 billion, in 2020, keeping it ahead of perennial rival FedEx. But the shift in emphasis to residential over commercial parcels took a 70% bite out of profits, which declined to $1.34 billion. A bigger threat looms, as well. Amazon—a major partner, and rising competitor—is doubling down on a delivery network of its own. How the shipper’s CEO, Carol Tomé, installed on June 1, 2020, confronts this “frenemy” may prove to be the defining mark of her tenure.

This year’s Fortune 500 marks the 67th running of the list.

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Big Brown continues its reign as the leading U.S. delivery business. Pandemic-fueled demand propelled United Parcel Service eight spots higher, to No. 35, on this year’s list. UPS’s revenues rose 14.2%, to $84.6 billion, in 2020, keeping it ahead of perennial rival FedEx. But the shift in emphasis to residential over commercial parcels took a 70% bite out of profits, which declined to $1.34 billion. A bigger threat looms, as well. Amazon—a major partner, and rising competitor—is doubling down on a delivery network of its own. How the shipper’s CEO, Carol Tomé, installed on June 1, 2020, confronts this “frenemy” may prove to be the defining mark of her tenure.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

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Big Brown continued its reign as America’s leading delivery business. UPS's revenues rose 3.1%, to $74.1 billion, in 2019, keeping it ahead of perennial rival FedEx. But another threat looms. While FedEx cut ties with Amazon, UPS has hitched its signature brown wagons to the retailer-rocket ship, relying on it for growth. Still unclear is how that alliance will fare as Amazon doubles down on a delivery network of its own. Though UPS will benefit from increasing demand for store-to-door package service amid the coronavirus pandemic, the shipper's new CEO, Carol Tomé, will have to keep an eye on what may turn out to be a tricky coopetition arrangement with mighty Amazon.

This year's Fortune 500 marks the 66th running of the list.

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Big Brown continued its reign as America’s leading delivery business even as it slipped two spots, to No. 43, on this year’s list. UPS's revenues rose 3.1%, to $74.1 billion, in 2019, keeping it ahead of perennial rival FedEx. But another threat looms. While FedEx cut ties with Amazon, UPS has hitched its signature brown wagons to the retailer-rocket ship, relying on it for growth. Still unclear is how that alliance will fare as Amazon doubles down on a delivery network of its own. Though UPS will benefit from increasing demand for store-to-door package service amid the coronavirus pandemic, the shipper's new CEO, Carol Tomé, will have to keep an eye on what may turn out to be a tricky coopetition arrangement with mighty Amazon.

As we face unprecedented collective challenges, cooperation has become a business superpower.

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The world’s package delivery leader is also a leader in the emerging, potentially high-margin delivery-drone field. UPS’s Flight Forward unit is partnering with health care systems and others in North Carolina, Virginia, and Utah to deliver patient samples to labs, prescriptions to patients, and supplies to hospitals. Delivery by drone is up to 10 times as fast as by van, as the unmanned aerial craft fly past traffic jams. And since they don’t choke roadways, drones help reduce CO2 emissions.

Change the World

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 65th running of the list.

Here are the World's Most Admired Companies for 2018 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 64th running of the list.

Here are the World's Most Admired Companies for 2017 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 63rd running of the list.

Here are the World's Most Admired Companies for 2016 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 62nd running of the list.

Business insiders have spoken: Asked which companies they most admire, more than 4,100 executives, directors, and analysts chose these top 50 All-Stars.

The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

This year's Fortune 500 marks the 61st running of the list. Wal-Mart claims the top spot again. See who made the list.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

Wal-Mart stayed on top as its sales crept closer to half-a-trillion dollars. Apple moved into the top five. And UnitedHealth Group continued its steady climb. 

Change The World

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United Parcel Service (UPS), founded in 1907, is a global giant in logistics, package delivery, and supply-chain management. Headquartered in Atlanta, UPS operates in more than 220 countries and territories, offering services ranging from shipping and freight to warehousing and distribution. The company is known for its distinctive brown delivery trucks and uniforms.

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United Parcel Service (UPS): Company Profile, Stock Price, News, Rankings

legacy

united parcel service

Companies

United Parcel Service | Fortune

United Parcel Service (UPS): Company Profile, Stock Price, News, Rankings | Fortune

Irina Ivanova

UPS ditched Amazon to be more profitable. Now it’s slashing 20,000 jobs and plans to close over 70 facilities

/article/ups-amazon-job-cuts-close-facilities-stock-shipping/

Jackie Davalos

Bloomberg

UPS in talks with startup Figure AI to deploy humanoid robots

/article/ups-robotics-figure-ai-humanoid-robots-shipping/

Thalia Beaty

The Associated Press

UPS founder’s nonprofit is ramping up donations to $130 million to fill a ‘void’ left by Trump’s policy changes

/article/ups-founder-marguerite-casey-nonprofit-charity-donations-trump-policu/

Cailley LaPara

Spencer Soper

‘Control of our destiny’: UPS braves blowback over Amazon break

/2025/01/31/ups-amazon-shares-drop-blowback-usps/

Nick Rockel

How The UPS Store makes the retail experience personal

/2024/12/20/how-ups-store-makes-retail-experience-personal/

https://fortune.com/article/ups-founder-marguerite-casey-nonprofit-charity-donations-trump-policu/?itm_source=parsely-api

https://fortune.com/article/ups-amazon-job-cuts-close-facilities-stock-shipping/?itm_source=parsely-api

https://fortune.com/article/ups-robotics-figure-ai-humanoid-robots-shipping/?itm_source=parsely-api

[ MUSIC ] David a lot of people didn't expect that you would be the one to decide that it's time for UPS to go through a major transformation, afterall you're a major timer at UPS, you've been at the company for 40 years, How did you become the change agent? What clicked? It was clear to me that the business environment had changed and was gonna change even more so. We have this 112 year history and we're very proud of our past and our present. I just knew our future was not gonna be as bright as our past if we didn't embrace the times. And it meant that, once again, we wanna transform our business, we're gonna have to do things differently. But we were gonna seize the opportunities, versus trying to push things, and trying to keep status quo. Well, when you announced the plan to spend $ 20 billion to modernize your facilities, to add new airplanes and buy new technology, you told Your employees at UPS that they need to change drastically. What's the rush? We just don't have time. The world's changing so much. So if we measure ourselves based on a speed that we have done in the past, it's just still going to be too late. So we talked about moving forward fast. And then we're going to have to do things in a much quicker timeframe that we're going to have to embrace technology. We want to be on the leading edge of technology and not waiting until it's tried and proven because it can be outdated if you do that. So it's really about timeliness, is about embracing the times. Is about opening it up to various points of view to make sure we're going in the right direction. Yeah everybody's talking about the urgency and the pace of change. So you've been at UPS for four decades. How would you compare the timing of the changes you are doing now compared to a few years ago or a decade ago? The pace of the boy business is changing, it's just exponential compared to what it was. And so we can't think if we can only go 20 % faster. We've got to be looking at much much bigger waves so you just. It means sometimes you're going to fail. It means sometimes you're not going to have all the answers when you make a decision. But if you wait until you have all the answers and the decision, there's gotta be an outdated decision, and it'd be to late. Well, your company is huge, your 500, 000 employees and they're all around the world. So, how do you get the speed of change with everybody spread out? Our people want to embrace the feature. They want to be a part of something that they see is going to have a bright, positive future. We just have to continue to say the same message over and over again. And we really focus on our strategy, which is customer first. Everything we do has to be run around the customer. Led by people, almost 500, 000 people they play an important role. And then driven by innovation, because if you're not innovative in today's world you're not going to compete .>> And you made some key leadership changes. You created the position of. To really try to bring about dramatic change transformation. That'd be much better off to take one someone outside this already done this once or twice, and then have them work with us and lead us through. So I was convinced it's going to take a different perspective It has proven to be the right decision and it's, we are really right on track with where we want to be. So it looks like there are some big flashy changes to UPS. You recently got the okay to operate a fleet of commercial drones nationwide. You beat out companies like FedEx and Amazon for it. Tell us why this is a big win for ups. One of our strategic imperatives is healthcare and Life Sciences. We could see drones was going to be a big, big part of this. We knew there would be a lot of people competing for this first license. We felt like we should take the lead. We have an airline. We understand the importance of safety and F. A. A. guidelines. And so it was a challenge that we gave under transformation. And we were the first to get this license and now we want to make sure that we're the first to implement it. And we're already doing commercial flights over 1500 as we speak. We will continue to expand. You're doing commercial flights mostly for healthcare facilities and institutions like that. Right? That's right. We are already testing know along with one of our partners C- B- S actually doing residential deliveries from a C- B- S and have like a pharmaceutical prescription. To someone's home or to a retirement village, those types of things. So the future is going to be more and more along these kinds of lines. But you are moving so quickly. So how long is it gonna be before we get UPS drone deliveries at our homes? We're gonna have to see, How long it takes for the regulations to be finalized, we're hoping within the next year. We also expect someday that a package driver, with a drone docking station at the top of the car in drones constantly moving in and out of the car, with the driver in charge. Is gonna be a model of the future too, so we're real excited. So we're entering into a new decade. How do you want people to describe UPS ten years from now? 2030 seems like a long time away, but it's really not. We will be much more widespread throughout the US, throughout the US and the rest of the world. And so you'll see that as a change. And there will be industry specific verticals that we really concentrate on. Healthcare and life sciences is one of those, there will be others. So it's really following our strategy and our forced strategic imperatives, And then making sure that we keep the customer first in each of these areas. And David, what about your legacy? You started working at UPS right out of college. You were loading packages onto a truck. And little by little, you went up all the steps until you became CEO. What do you want people to say about your legacy? What I'm proudest of is the fact that we are embracing the changes that are coming and I couldn't be any prouder of where we are and where we're going to be and just thrilled to be a part of that. [ BLANK_AUDIO ]

UPS CEO On Leading The Shipper's Overhaul: "Moving Forward Fast"

Leadership

The tech makeover includes delivery drones. 

UPS CEO On Leading The Shipper's Overhaul

The 112-year-old company is going through a massive transformation and tech makeover that also includes delivery drones.

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