UPS establishes worldwide cold-chain logistics unit
24 May 2021
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 president of global health care strategy and marketing, said UPS will broaden relationships with airlines with proven pharmaceutical delivery capabilities, as well as continue using its own freighter fleet.