UPS is expanding its healthcare logistics sector through both internal growth and acquisitions, aiming to reach $20 billion in annual revenue by 2026, doubling its 2023 figures. The company is focusing on Europe, having opened a dedicated healthcare facility in Ireland and enhanced its Netherlands facility. Recent acquisitions include firms with strong cold chain capabilities. UPS is prioritizing inorganic growth for rapid scaling and local expertise, as healthcare offers more stable demand and higher profit margins than retail, making it an attractive market.

Source: https://www.supplychaindive.com/news/ups-healthcare-logistics-revenue-growth/729086/