Becker's Healthcare January 6, 2025
Alexandra Murphy

UPS is shifting its focus from traditional parcel delivery to building a robust healthcare logistics business in an effort to offset slowing revenue from its core package services, Bloomberg reported Jan. 6.

UPS Healthcare, a division that began taking shape in the mid-2000s and became a formal business unit in 2019, generated $10 billion in revenue in 2023 — roughly 10% of the company’s total revenue. The company aims to double the figure by 2026, bolstered by acquisitions and new ventures in health-related logistics.

The company’s...

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