United Parcel Service ranks No. 129 on FORTUNE's 2006 Global 500
(Fortune) -- United Parcel Service (Charts) ranks no. 129 on FORTUNE's Global 500 this year, with $42.6 billion in revenues, up 16.4% from the previous year. The Atlanta, Georgia-based company was ranked no. 128 on the 2005 list. Its 2005 profits were $3.9 billion, up 16.1% from a year earlier. 2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP. In the Mail, Package, Freight Delivery industry, profits were up 16.1% from the previous year. The world's biggest companies in the sector are: United States Postal Service, ranked no. 61 on the Global 500 with $69.9 billion in revenues; Deutsche Post AG, ranked no. 75 on the Global 500 with $60 billion in revenues; FedEx (Charts), ranked no. 197 on the Global 500 with $29.4 billion in revenues; and La Poste, ranked no. 252 on the Global 500 with $24 billion in revenues. The Global 500 list is an annual ranking of the world's largest corporations by revenues. Next: Full list: 2006 Global 500 at //money.cnn.com/global500 Plus: See United Parcel Service's Global 500 details, including financial stats and contact information. Next: See 2006 FORTUNE Global 500Europe's top 50 Asia's top 50 |
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