UPS Forbes' Company Of The Year
December 23, 1999
Forbes magazine has named Atlanta-based United Parcel Service its Company of the Year.
"With 157,000 ground vehicles, 610 aircraft and $11 billion invested in technology, UPS moves both atoms and bits," says Forbes in announcing its "platinum list" of "America's Best Big Companies."
According to Forbes, UPS's role as a shipper of 6% of the nation's gross domestic product makes it "the missing link in the burgeoning world of e-commerce."
Forbes notes that UPS has invested heavily in technology in the last decade. "UPS used to be a trucking company with technology," Forbes said. "Now it's a technology company with trucks."