UPS (cont.)


	*"Determined men, working together make conditions, they do not become the victims of them."* Jim Casey-- 1947

By the early 1950's, contract service for retail stores was in decline. Faced with a continued loss of business, in 1953 the company changed its focus once again, to Common Carrier delivery service. It took another 22 years to complete a nationwide service network. Jim encouraged his "Determined Men" to "make conditions ....not become victims of them."

In 1976, the company took its first step to do business outside North America, when operations began in Dusseldorf, West Germany. Overcoming severe political, cultural and regulatory obstacles proved to be a formidable task. It took more than five years for foreign operations to become profitable.

A year before his death, Jim encouraged company officials to stay the course. He noted that even though their organization had become the largest commercial transportation firm in the world, it still served less than 6% of the global population. Company executives took Jim's message to heart. Today, over 540,000 UPS employees provide service in more than 220 countries and territories. They use 2850 facilities and 600 aircraft to pickup and deliver more than 24,700,000 parcels and documents each business day.

More than one hundred ten years after two teenage boys started a tiny messenger service, few people know the name of this quiet titan, Jim Casey. However, people around the globe are familiar with the worldwide transportation giant he created, United Parcel Service.

The Jim Casey story did not end with his death. Jim's original company shares are valued at more than $2 billion. Jim bequeathed the bulk of his estate to the Annie E. Casey Foundation, formed in 1948 by Jim and his siblings, to honor their mother. Last year, AECF assets were valued at more than $3 billion. It is the 15th largest private foundation in the country. Charitable distributions exceed $220 million per year, making AECF the world's largest philanthropy dedicated to disadvantaged children.

Forty years have past since Jim Casey died, but his concern for disadvantaged children lives on. During the past seven decades, thousands of "at risk" children have received AECF help, guided by some of the most knowledgeable and respected experts in the world.