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In 1907, two teenage entrepreneurs created what would become the worlds largest package delivery service. Starting in a Seattle basement with a $100 loan, Claude Ryan and Jim Casey opened the American Messenger Company.
UPS is primarily owned by institutional investors like BlackRock (8%) and The Vanguard Group (9.3%). Other small individual investors comprise Carol B. Tom, CEO at FedEx, Brian Newman, Executive Vice President (EVP), and Chief Financial Officer at UPS.
Atlanta, GA United Parcel Service / Headquarters
In 1994, UPS moved its corporate headquarters to Atlanta with construction emphasizing energy efficiencies and an extensive tree protection and replacement program. The location at 55 Glenlake Parkway is still its current home.
UPS Airlines operated from a main global hub in Louisville, Kentucky, and by the early 21st century it ran a fleet of more than 200 jet aircraft. In 1991 UPS headquarters were moved again, to Sandy Springs, Georgia, a suburb of Atlanta.
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UPS revenue for the twelve months ending September 30, 2023 was $93.074B, a 7.92% decline year-over-year. UPS annual revenue for 2022 was $100.338B, a 3.14% increase from 2021. UPS annual revenue for 2021 was $97.287B, a 14.96% increase from 2020. UPS annual revenue for 2020 was $84.628B, a 14.22% increase from 2019.
Institutional investors make up over 72% of UPS stock ownership. The Vanguard Group Inc. owns over 67 million shares of UPS and has an 9.3% stake in the company. BlackRock is the second-largest institutional holder, with 7.7% of the company.

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