FedEx and UPS among Fortune magazine’s world’s most admired companies
Ranked No. 13 on global list, FedEx places in top 20 for tenth consecutive year. UPS was also ranked among the Top 50 in brand recognition across all industries around the world. For the tenth consecutive year, FedEx Corp. has ranked among the top 20 world’s most admired companies, according to a survey published in Fortune magazine. Fortune magazine today released its annual report on corporate reputation, listing FedEx as No.13.
Fortune cited the ability of FedEx to manage costs while maintaining service levels during the economic downturn, as well as increased demand in international business – especially in Asia and Latin America, as enhancing the overall corporate reputation for reliable deliveries.
UPS posted the highest average industry ranking of any company around the globe. Its industry score was 8.20 on a 10-point scale. Only three other companies scored an 8.0 or better.
UPS dominated the scoring for airline, railroad, trucking and logistics companies, ranking No. 1 in its industry on all nine of the attributes used for judging.
UPS was also ranked in the Top 10 among all companies in the world on eight of the nine key attributes. It scored No. 1 in the world for its commitment to “social responsibility;” No. 2 in the world for “management quality;” No. 3 in the world for “people management,” “use of corporate assets” and “quality of products & amp; services;” No. 6 in the world for “global competitiveness;” No. 7 in the world for “financial soundness,” and No. 9 in the world for “innovation.”
The complete rankings will appear in the March 22nd issue of Fortune. To compile its list of America’s most admired companies, Fortune worked with the Hay Group consultancy to poll senior executives, directors and analysts.
