UPS (UPS) Registration Filing summary

Company overview and business model

• Founded in 1907, operates as a global package delivery and supply chain management provider with services including transportation, logistics, freight, customs brokerage, and insurance.

• Delivers to 10.2 million recipients daily in over 200 countries, with 2023 revenue of $91.0 billion and 5.7 billion packages delivered.

• Operates two main segments: U.S. Domestic Package and International Package, with additional Supply Chain Solutions.

• Undergoing a major U.S. network reconfiguration in 2025, including facility and workforce reductions, following a volume reduction agreement with its largest customer.

Financial performance and metrics

• 2023 total revenue was $91.0 billion, with an average of 22.3 million packages delivered per day.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including debt repayment, capital expenditures, working capital, operations, or acquisitions.

• Proceeds may be temporarily invested or used to repay short-term debt.