United Parcel Service Inc. has been quietly building a health-care empire to offset stagnating revenue in its core package-delivery business. Specialized logistics services, unlike standard brown-box delivery, have appealing profit margins. A customer who needs injectable medicines shipped overnight in a refrigerated box is willing to pay a hefty premium. “You’re maybe getting $300 on that shipment at the same cost of delivering, say, a J. Crew box of socks,” said Anthony de Ruijter, an analyst at Third Bridge, a global research firm.
Read the full article: Health Care Is UPS’ $20B Lifeline to Offset Shipping Slowdown //
Source: https://www.bloomberg.com/news/features/2025-01-06/ups-ups-seeks-20-billion-lifeline-from-medical-supply-shipping