Ken sternad, president of the UPS foundation, plays an important role in its company’s successful history. Under his suggestion of global philanthropic initiatives, Ups earned more than $100 million in 2008 and kept its improvement in recent years. He focuses on the UPS’s financial, intellectual and physical assets to support organizations and programs. At first, he used to be the vice president of Public Relations for UPS, directing all media relations, reputation management, financial communications and making public relations activities for the company worldwide.
William G. (Bill) Margaritis, senior vice president, oversees global reputation management, investor relations, public relations, employee communications and social responsibility programs for FedEx and its subsidiaries. During his tenure FedEx has been consistently ranked as one of the most admired companies in the world and recognized as a “best place to work.” The principles of the Page Society, which include honesty, customer focus and managing for tomorrow, are increasingly important in this era of instant, but not always accurate, communication,” Margaritis said.
Now, let’s talk about the structure of the FedEx. In the beginning, FedEx worked with the launch of 14 small aircraft from Memphis International Airport. On that night, Federal Express delivered 186 packages to 25 U.S. cities from Rochester, NY, to Miami, Fla. (The headquarters located in Memphis, Tennessee.) Today, Fed-Ex has the world’s largest all-cargo air fleet, including McDonnell-Douglass MD-11s, Airbus A-300s and A-310s. The planes have a total daily lift capacity approximately 26.5 million pounds. In a day period, the fleet travels 500,000 miles while its couriers log 2.5 million miles a day the equivalent of 100 trips around the earth. FedEx handles about 3.2 million packages and documents every business day. Federal Express has a very organized and defined corporate structure. This allows FedEx to coordinate sales, marketing and technology to support the global FedEx brand.FedEx works on the basis that people are first, to maintain nice environment the company has an excellent benefits package, including: healthcare programs (dental, medical, and vision and prescription drugs), life insurance, accidental and death dismemberment, business travel accident insurance, and employee stock purchase plan, education assistance, paid time off, vacation, holidays.
Transportation, Xin Yin
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Hey Xin I liked how you’ve really focused in on this post on the two industry giants, UPS and Fedex. In addition, I enjoyed reading about Ken Sternad and WIlliam Margaritis the men in charge of the CSR for Fedex and UPS. You picked a great angle to take on companies changing the competitive landscape by leading entrepreneurs. Obviously, the courier industry is completely driven by consumer demand for delivery of goods and therefore little attention is given to CSR. Nevertheless, it is an integral part of any company and industry. Also, I learned that Fedex is one of the best places to work. I have more confidence now knowing that UPS and Fedex are both companies of high standards and integrity. Be careful not too focus too much on CSR of the companies because I know we cover that elsewhere in the paper, although it is a creative way to approach this section.