2021 U.S.-Booked Air Volume: $25 million
Consolidated U.S. TMC: Amex GBT

After falling by about half to $29.2 million in 2020, BTN estimates U.S.-booked air volume at delivery and logistics giant UPS declined to $25 million in 2021, a more modest decrease than experienced by many CT100 companies. Global energy consumption related to business travel fell from 625,000 gigajoules in 2020 to 620,000 gigajoules 2021. Emissions based on all forms of transport used for business travel fell marginally from 44,000 metric tons in 2020 to 43,000 in 2021. Revenue climbed from $85 billion to $97 billion in 2021, while employee numbers slipped from 543,000 to 534,000, partly as a consequence of divesting the UPS Freight business. UPS bought logistics technology platform Roadie in 2021, and in August 2022 announced it will acquire multinational healthcare logistics provider Bomi Group.