Running on Ice: UPS makes another play in the health care space

All thawed out
(Photo: Jim Allen/FreightWaves)

UPS continues its expansion in the health care industry, most recently with plans to acquire Andlauer Healthcare Group, a Canada-based cold chain logistics company. The acquisition was a casual $1.6 billion all-cash transaction. It is part of UPS’ plan to double revenue in health care logistics to $20 billion by 2026. 

In a news release, Kate Gutmann, president of international, health care and supply chain solutions for UPS, said: “Next-generation...

https://www.freightwaves.com/news/running-on-ice-ups-makes-another-play-in-the-health-care-space

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