UPS Healthcare

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

UPS inks $1.6 billion deal for Canadian health care logistics provider

UPS plans to acquire Andlauer Healthcare Group Inc., a Canada-based provider of cold chain logistics services for the health care sector, in an all-cash transaction for $1.6 billion, the company announced on Thursday.

UPS (NYSE: UPS), like global integrated shipping rivals FedEx and DHL, has targeted health care logistics as a primary area for growth because specialized storage and transport requirements for pharmaceuticals and biopharma products command high margins. The transaction comes on...

https://www.freightwaves.com/news/ups-inks-1-6-billion-deal-for-canadian-health-care-logistics-provider

UPS broadens network with double health care acquisition

UPS (NYSE: UPS) has completed an acquisition of Frigo-Trans and its sister company BPL, a leader in health care logistics solutions across Europe. Terms of the deal were not disclosed.

In a news release, the company said it is looking to enhance the end-to-end capabilities for UPS Healthcare customers, which have seen rising demand for temperature-controlled and time-cricial logistics solutions on a global scale.

“Frigo-Trans’ network includes temperature-controlled warehousing ranging from...

https://www.freightwaves.com/news/ups-broadens-network-with-double-health-care-acquisition

UPS acquires pair of health care logistics operators

UPS has announced plans to acquire two Germany-based temperature-controlled logistics providers to augment its growing health care logistics business.

The agreement includes Frigo-Trans and its sister company BPL, both of which operate under the Frigo-Trans banner. The Frigo-Trans network provides six temperature-controlled warehouse zones, ranging from minus 196 degrees to 25 degrees Celsius.

Financial terms of the transaction were not provided “at this time,” a Tuesday news release said. The...

https://www.freightwaves.com/news/ups-acquires-pair-of-health-care-logistics-operators

UPS acquires Italian health care provider

UPS "brown tails" lined up at an airport.

UPS Inc. said Monday it has acquired Italian health care provider Bomi Group for an undisclosed sum, a move that expands UPS’ global health care footprint by about 35%.

Bomi will add about 4 million square feet of distribution space to the roughly 11 million square feet operated by UPS Healthcare, the company’s health care business. Bomi operates in 14 countries, with a focus on Europe and South America. It also operates 350 temperature-controlled vehicles.

Bomi has been in business since 1985....

https://www.freightwaves.com/news/ups-acquires-italian-health-care-provider

UPS’ health care unit expands network, adds US cold chain packaging operation

A gloved-hand reaches for vial of a COVID-19 vaccine dose. The distribution of COVID-19 vaccines could begin in mid-December

UPS Healthcare, a unit of UPS Inc. said Tuesday it will add three facilities, two in Europe and one in the United States, to its network of 125 facilities in 34 countries. 

The UPS (NYSE: UPS) unit said it will open a facility in Roermond, the Netherlands, in early 2022 and another in Giessen, Germany, the following December. The Netherlands facility will have freezer farm capacity to store biopharma products — notably COVID-19 vaccines that must be kept at temperatures around minus 70, for...

https://www.freightwaves.com/news/ups-health-care-unit-expands-network-adds-us-cold-chain-packaging-operation

UPS unit Marken expands network to support clinical trial logistics demand

UPS' Marken consolidates European presence by acquiring three companies (Photo: Twitter/Marken)

Marken, a wholly owned subsidiary of UPS Inc. that manages clinical drug supply chain services, said Monday it has expanded its global network primarily to support increased demand for cell and gene therapy clinical trials.

Expansion plans include new locations, additional cold chain services and packaging solutions, said Marken, which is based in Research Triangle, North Carolina.

As part of the geographic expansion, Marken will develop facilities in South Korea and sub-Saharan Africa, the...

https://www.freightwaves.com/news/ups-unit-marken-expands-network-to-support-clinical-trial-logistics-demand

UPS establishes worldwide cold-chain logistics unit

A gloved-hand reaches for vial of a COVID-19 vaccine dose. The distribution of COVID-19 vaccines could begin in mid-December

UPS Inc. (NYSE:UPS) said Monday that it has consolidated all its cold-chain logistics and delivery services into a dedicated global operation that falls under the Atlanta-based company’s UPS Healthcare umbrella.

The operation, called UPS Cold Chain Solutions, will more than double the company’s worldwide freezer storage capacity to 1 million square feet, and in particular expand the size of UPS’ European cold chain network, including a new facility in Italy. Dan Gagnon, UPS Healthcare’s vice...

https://www.freightwaves.com/news/ups-establishes-worldwide-cold-chain-logistics-unit

Hear from WHO, Novavax, UNICEF, Gavi, UPS Healthcare, Aramex & more around vaccine logistics

Hear from WHO, Novavax, UNICEF, Gavi, UPS Healthcare, Aramex & more around vaccine logistics

VISIT WEBSITE REGISTER FOR FREE

The HOPE Consortium invites you to join for an exclusive 3D virtual event facilitating open dialogue around the logistical challenges of global vaccine distribution.

Speakes Include:
H.E. Abdullah Bin Mohammed Al Hamed
ChairmanDepartment of Health –Abu Dhabi

H.E. Falah Mohammed Al Ahbabi Chairman Abu Dhabi Ports

Nadhim Zahawi MP
Parliamentary Under Secretary of State and...

https://allaboutshipping.co.uk/2021/03/21/hear-from-who-novavax-unicef-gavi-ups-healthcare-aramex-more-around-vaccine-logistics/

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