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United Parcel Service (WBO:UPSI) Payments to Suppliers for Goods and Services


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What is United Parcel Service Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


United Parcel Service (WBO:UPSI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Parcel Service Inc (WBO:UPSI) » Definitions » Payments to Suppliers for Goods and Services
Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.