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 Healthcare, said of the goal. “So it is a very, very big ask.”

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