UPS invests $48 million in 27 temperature-controlled facilities to expand healthcare logistics
By
Laya Neelakandan
Summary
UPS is investing $48 million in 27 temperature-controlled facilities across the Americas, Europe, and Asia to expand its healthcare logistics capabilities. The investment targets the booming demand for temperature-sensitive pharmaceuticals, including GLP-1 drugs, by improving speed and end-to-end chain of custody in cold-chain shipping.
Source
bskyUPS invests $48 million in 27 temperature-controlled facilities to expand healthcare logisticscnbc.comKey quotes
· 2 pulledThe company said the investment will help it stay ahead of a boom in medicines and pharmaceuticals — like some GLP-1s — that have to be kept at certain temperatures by improving speed and end-to-end chain of custody.
Our global cross-dock facilities strengthen our end-to-end cold-
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