ups

UPS adds healthcare capacity in Hungary

UPS Healthcare has added 13,000sq m warehousing space to its hub near Budapest. Housing multiple validated temperature-controlled environments for a variety of temperature-sensitive medicines and biologics, it brings total dedicated pharma capacity in Hungary to 37,000sq m. UPS Healthcare has also made major investments in Hungary’s key export markets, creating a dedicated network of facilities throughout Central and Eastern Europe. This includes the first dedicated Healthcare facility in Ostrava, the ... [+]

UPS to open dedicated pharma facility in Germany

UPS Healthcare has will open its first dedicated healthcare logistics facility in Giessen, north of Frankfurt Germany in 2023. It will offer access to the fast-growing European healthcare markets, supporting pharmaceutical, medical device and biologics producers needing time-critical and temperature sensitive logistics for their products. President of UPS Healthcare, Wes Wheeler, ... [+]

UPS revenue jumps

UPS revenues rose 11.5% to $27.8 billion in its fourth-quarter 2021 results. Operating profit was up 91% at $3.9 billion, compared to the fourth quarter of 2020, and 37.7% on an adjusted basis. Domestic revenue rose 12.4% to $17.7bn and international revenue by 13.1% to $5.4bn. [+]

UPS delivers a billion doses – and counting

UPS says it has now delivered a billion Covid-19 vaccine doses – and with near-perfect on-time accuracy in just a year. The global UPS network and dedicated UPS employees not only supported healthcare customers and global organizations, but also joined in public-private partnerships to provide vaccines and cold chain expertise to ... [+]

UPS ups profits

UPS announced third-quarter consolidated revenue of $23.2 billion, up 9.2% 2020. Consolidated operating profit was $2.9 billion, up 22.6% and 23.4% on an adjusted basis. Diluted earnings per share were $2.65 for the quarter, 18.3% above the same period in 2020, and up 18.9% on an adjusted basis. [+]

UPS opens UK mega-hub

UPS has officially opened its expanded air hub at East Midlands Airport.  The36,000sq m operation can now sort up to 22,500 packages per hour – more than twice the capacity of the previous facility and scale up more easily during peak periods. There are six daily flights to key markets, ... [+]

UPS up 14.5%

UPS announced a second-quarter 2021 consolidated revenue of $23.4 billion on 27 July, a 14.5% increase over the second quarter of 2020. The company also revealed a consolidated operating profit of $3.3 billion, up 47.3% compared to the second quarter of 2020, and up 40.8% on an adjusted basis. While ... [+]

Pandemic prompts UPS to expand cold chain capability

UPS is expanding its suite of cold chain technologies for pharmaceutical traffic. UPS Cold Chain Solutions will provide pharmaceutical companies, healthcare providers and laboratories a full, end-to-end cold chain service offering, including storage and distribution, transportation, visibility, and quality assurance. UPS Healthcare is expanding its cold chain storage capacities with some ... [+]

UPS earnings surge

UPS reported first-quarter 2021 consolidated revenue of $22.9 billion, a 27% increase over the first quarter of 2020. Consolidated average daily volume increased 14.3% year over year. Consolidated operating profit was $2.8 billion, up 158% compared to the first quarter of 2020, and up 164% on an adjusted basis. Diluted ... [+]

UPS names new Europe president

Daniel Carrera has been appointed as the new president of UPS Europe. A Spanish national, he is the second European president of UPS Europe. He has held several senior leadership positions across the region, and was most recently president, West Europe District, alongside acting as the international ambassador for diversity and ... [+]

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