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United Parcel Service, Inc. (UPS) is a package delivery company. The Company delivers packages each business day for 1.8 million shipping customers to 6.1 million consignees in over 200 countries and territories. During the year ended December 31, 2008, UPS delivered an average of 15.5 million pieces per day worldwide, or a total of 3.92 billion packages. Its primary business is the time-definite delivery of packages and documents worldwide. UPS operates in three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. U.S. Domestic Package operations include the time-definite delivery of letters, documents, and packages throughout the United States. International Package operations include delivery to more than 200 countries and territories worldwide. Supply Chain & Freight includes its forwarding and logistics operations, UPS Freight, and other related business units. (Source: 10-K)
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