Management company Essay Example

East Coast. The company adopted its signature brown vehicles for their professional, neat, and dignified appearance. As UPS continued to expand, it acquired common carrier licenses and expanded operations to different states.

UPS expanded its operations to Canada in 1975 with the formation of UPS Canada Ltd. in Toronto, after having already served 48 states. In 1976, the company used the Blue Label Air to expand to Europe. To increase efficiency and cost savings, UPS Airlines was launched in 1988. The company went public on November 10, 1999, and continued its expansion around the world, acquiring Menlo Worldwide Forwarding as its entry-point to heavy freight in 2004 and Overnite Transportation in a billion-dollar transaction. The most recent acquisition was LYNX Express in the UK. On August 28, 2007, UPS celebrated its 100th year in business.

Currently, D. Scott Davis serves as CEO and Chairman of the Board for UPS. David P. Abney is the President, Chief Operating Officer, and Senior Vice President of UPS Airlines. Other members of senior management include David A. Barnes as Senior VP and Chief Information Officer and Daniel J. Brutto as Senior VP and President of UPS International. The company's philosophy is to maintain industry leadership through integrity in handling transactions.

As the company grows and expands into other markets, its main focus remains on doing the right thing. This means pursuing its goals ethically, without resorting to shady transactions or violating laws to gain a competitive advantage over others. UPS believes in conducting business with integrity and responsibility, as stated in its mission statement. Its value system is paired with a program that provides the right environment for

good decisions to be made by good people. The Corporate Compliance Committee, headed by an officer and management members, oversees the promotion, implementation, and maintenance of this value system. The compliance department also develops and audits the programs in place. UPS recognizes that its commitment to ethical decisions is what has helped it grow and will sustain its leadership and growth in the future. The organization has a distinctive culture that values its employees. Since 1927, employees have been given ownership of stock, recognizing that success comes from putting value in its workforce (U.S. SEC, 2008).