Cold Chain #ups#cold chain
UPS Invests $48 Million in 27 Cold Transfer Facilities for Pharma Logistics
UPS has opened 27 temperature-controlled cross-dock facilities globally, investing $48 million to support pharmaceutical manufacturers and biotech firms. The facilities aim to minimize handoffs and temperature excursions, addressing cold-chain failures that cost up to $35 billion per year and cause 50% of global vaccine waste. The expansion underscores UPS's strategic push to double healthcare logistics revenue to $20 billion by 2026.
Jun 22, 2026 1 source