UPS invests $48 million in temperature-controlled freight cross-dock facilities
The 27 facilities, located in key U.S. and international markets, strengthen global cold-chain network for biologics and advanced therapies.
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Global package delivery and supply chain management company
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In short: UPS outperformed Q1 earnings estimates, reaffirmed its 2026 outlook, and invested $50 million to expand its air freight network into Mexico.
The 27 facilities, located in key U.S. and international markets, strengthen global cold-chain network for biologics and advanced therapies.
A message from CEO Carol B. Tomé highlights his contributions from 1957 to his tenure as CEO from 1984-1989, including service expansions and technology investments.
The investment aims to enhance speed, visibility, and control for manufacturers facing supply chain pressures.
The company has collaborated with John Deere for over 40 years, coordinating across teams to handle complex logistics and seasonal spikes.
UPS plans to replace employee drivers with independent contractors for last-mile delivery in the UK.
The Teamsters union is gearing up to file grievances against UPS for allegedly funneling package delivery to Roadie, a subsidiary that uses less-expensive gig drivers.
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