SCD: Inside UPS' push to double its healthcare logistics business

© Alexey Novikov

SUPPLY CHAIN DIVE reports:

UPS is boosting its healthcare logistics business through in-house expansion and outside acquisitions as it looks to grow its package delivery activity in more profitable and less volatile sectors.

Coinciding with that strategy is an ambitious goal: The carrier wants to reach $20 billion in annual healthcare revenue by 2026 — doubling what it made in 2023.

“I’m not going to lie, there’s some anxiety around that target, for sure,” Daniel Gagnon, VP of global strategy and acquisition at UPS ...