UPS News for UPSers

UPS Founders’ Day … Celebrating 103 Years of Promises - UPS

In 1907, Jim Casey and Claude Ryan started American Messenger Company in a Seattle, Wash., basement office space. The two young entrepreneurs and their employees delivered messages to people throughout the day and night. Early on, the company strived to distinguish itself through customer service and team work.

That company eventually became UPS. On August 28, UPSers around the world celebrate Founders’ Day to remember what we have accomplished and what we have still to achieve. UPS has survived 21 recessions, a great depression, world wars and natural disasters. Our goal has never been to simply endure these challenging times, but to learn from the lessons of adversity and to thrive. For all that we have accomplished, we owe our success to the trust of our customers and the dedication of our employees.

The following quote from Jim Casey reflects this belief:

”You cannot be successful entirely through your own efforts. All of us, if we are to accomplish anything worthwhile, will do it largely through the help and cooperation of the people who work with us. We must help others to help us.“

S&P raises UPS ratings outlook - CBS Marketwatch

Standard & Poor's said Thursday it raised the ratings outlook of United Parcel Service Inc. to stable from negative. S&P has a AA- corporate credit rating on UPS. "The ratings on Atlanta-based UPS reflect its very strong position in ground parcel delivery and substantial earnings and cash flow.

FedEx Corp. Board Declares Quarterly Dividend - Fedex

The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.12 per share on FedEx Corporation common stock. The dividend is payable October 1, 2010 to stockholders of record at the close of business on September 10, 2010.