UPS 2005 Annual Report Download - page 4

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Dear fellow shareowners,
UPS completed 2005 with tremendous momentum
and a keen focus on helping our customers succeed
in a complex global environment.
Our vision is to bring the world’s businesses together
through synchronized commerce. We do this by
coordinating their distribution systems, supply
chains and order management cycles, helping them
to compete better in an expanding global economy.
Customers tell us they need to reach new markets,
differentiate themselves from competitors,
enhance relationships with their own customers,
improve cash fl ow, and focus on what they do best.
Increasingly, they rely on UPS and our synchronized
solutions to help them achieve these critical
business objectives.
As a result, UPS is deeply ingrained in the fabric of
global commerce and supply chains. We’ve become
part of the infrastructure of trade — a blending of
physical and intellectual assets that both support
and drive commerce, whether it’s around the block
or around the world.
Michael L. Eskew
Chairman and Chief Executive Offi cer