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May 24, 2015 7:21 AM ET

Air Freight and Logistics

Company Overview of United Parcel Service of America, Inc.

Company Overview

United Parcel Service of America, Inc. provides transportation and logistics services. The company offers domestic ground and air delivery of packages and documents. The company was incorporated in 1930 and is based in Atlanta, Georgia. United Parcel Service of America, Inc. operates as a subsidiary of United Parcel Service, Inc.

55 Glenlake Parkway NE

Atlanta, GA 30328

United States

Founded in 1930





Key Executives for United Parcel Service of America, Inc.

Chief Executive Officer and Director
Age: 59
Chief Financial Officer
Age: 60
President of UPS Airlines
Age: 53
President of The UPS Store Inc
President of US Operations
Age: 56
Compensation as of Fiscal Year 2014.

United Parcel Service of America, Inc. Key Developments

United Parcel Service of America, Inc. Appoints Mark Wallace as Senior Vice President of Engineering Replacing Mitch Nichols

United Parcel Service of America, Inc. appointed Mark Wallace as senior vice president of engineering, replacing Mitch Nichols, who will retire after 28 years with the company. In his new assignment, Wallace will lead the company's global engineering and sustainability activities. Wallace joins the UPS Management Committee, a group of the most senior executives responsible for day-to-day management of the company. Wallace was previously president of UPS Supply Chain Solutions. In this role he led the company's global contract logistics operations which serve customers in numerous industry segments with optimized supply chain planning, light assembly, warehousing and distribution services.

United Parcel Service of America, Inc. Announces Executive Changes, Effective July 1, 2015

United Parcel Service of America, Inc., or UPS, has named Richard Peretz as its new CFO, replacing Kurt Kuehn, who has elected to retire after 38 years with the company. Kuehn will continue his existing duties while ensuring a smooth transition of responsibilities to Peretz. The appointment of Peretz is effective July 1, 2015. Peretz is currently UPS Corporate Controller and Treasurer. He has served in several operational and corporate leadership positions within the Finance staff since joining the company in 1981. He will join UPS's Management Committee, a group of the most senior executives responsible for day-to-day management of the company. Peretz joined UPS in 1981 as a customer service associate while attending the University of Texas at San Antonio. Peretz was promoted to Corporate Finance vice president in 2007 where he oversaw a broad range of finance staff areas. He expanded his role to included Corporate Treasurer in 2014.

United Parcel Service of America, Inc. to Build 15 New Compressed CNG Fueling Stations

United Parcel Service of America, Inc. has announced plans to build 15 compressed CNG fueling stations to support the purchase and planned deployment of 1,400 new CNG vehicles in 2016. Twelve of the CNG stations will be in new natural gas vehicle deployment areas, and three will replace existing CNG stations with more robust, higher capacity equipment. This purchase represents a nearly 30% increase to company's current alternative fuel and advanced technology fleet of 5,088 vehicles worldwide. The CNG fueling stations and vehicle purchases are part of company's ongoing commitment to diversify its fuel sources, implement a fleet infrastructure that lowers tailpipe emissions and increase experience using alternative fuels in freight transport applications. When the deployments are completed, the company anticipates its alternative fuel and advanced technology fleet will log more than 350 million miles per year, supporting the company's goal of driving one billion miles in this fleet by the end of 2017. This will displace approximately 54 million gallons of conventional diesel and gasoline annually while reducing total vehicle emissions. The company plans to deploy new CNG vehicles in 15 cities. The cities are Atlanta, Ga.; Charleston, W.Va.; Dallas, Texas; Denver, Colo.; Doraville, Ga.; Lenexa, Kan.; Lexington, Ky.; Montgomery, Ala.; New Orleans, La.; New Stanton, Pa.; Oklahoma City, Okla.; Port Allen, La.; Shreveport, La.; Richmond, Va., and Roanoke, Va. Currently UPS already has a total of eight CNG fueling stations in California, Colorado, Georgia and Oklahoma and operates CNG vehicles in Germany, the Netherlands and Thailand.

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