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UPS Invests $2 Billion From 2024-2028 to Expand Global and Healthcare Logistics

United Parcel Service logoUnited Parcel Service
Sig3.61Sen+4.74Env-0.16Soc+1.28Gov+0.27

UPS will invest $2 billion from 2024 through 2028 to expand international, healthcare and supply-chain logistics after previously not disclosing the total. The company plans added capacity including flights five times weekly between Paris and Hong Kong, and Shenzhen and Sydney, plus $48 million in 27 temperature-controlled facilities supporting shipments of temperature-sensitive medications like GLP-1 drugs.

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