UPS is investing over $2 billion to expand its International, Healthcare, and Supply Chain Solutions divisions. This multi-year initiative runs from 2024 through 2028.
The strategy aims to improve service speed and supply chain resilience against shifting trade regulations. Capital will fund new air hubs in Hong Kong and the Philippines, alongside a new facility in Ontario, Canada.
UPS is expanding specialized services for the healthcare, high-tech, and automotive sectors. The company will add 27 temperature-controlled cross-dock facilities across the Americas, Europe, and Asia to handle sensitive shipments.