Top United Parcel Service, Inc. (UPS) Shareholders - Investopedia
Founded in Seattle, Washington in 1907 by two teenagers with a $100 loan, the United Parcel Service, Inc. (UPS) was created with humble beginnings. Jim Casey and Claude Ryan founded the American Messenger Company in a basement in Seattle at a time in history when automobiles and phones were not widely accessible. Instead, the two teenagers carried out a variety of errands on foot, such as prescriptions, letters, and other everyday items.1 Today, UPS is one of the largest global shipping and logistics companies in the world. As of January 2022, the company's market capitalization is $183.58 billion. The company reported Q3 2021 revenues of $23.2 billion.
Key Takeaways
Founded in Seattle, Washington in 1907 by two teenagers with a $100 loan, the United Parcel Service, Inc. (UPS) was created with humble beginnings. Jim Casey and Claude Ryan founded the American Messenger Company in a basement in Seattle at a time in history when automobiles and phones were not widely accessible. Instead, the two teenagers carried out a variety of errands on foot, such as prescriptions, letters, and other everyday items.1 Today, UPS is one of the largest global shipping and logistics companies in the world. As of January 2022, the company's market capitalization is $183.58 billion. The company reported Q3 2021 revenues of $23.2 billion.
Key Takeaways
- UPS is one of the largest global shipping and logistics companies in the world; as of January 2022, the company's market capitalization is $183.58 billion.
- Institutional investors make up over 70% of UPS stock ownership.
- The Vanguard Group Inc. owns over 64 million shares of UPS and has a 8.8% stake in the company.
