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UPS generated $3 billion in quarterly revenue from its healthcare logistics services for the first time during the January-to-March period.
UPS generated $3 billion in quarterly healthcare logistics revenue for the first time.
KEY POINTS
- UPS will close 27 additional facilities this year, mainly in the second quarter.
- Ground Saver volumes are transitioning back to USPS, now handling around 1 million packages daily from UPS.
- Small and medium businesses now represent 34.5% of UPS's US parcel volume, a record high.
- UPS capped its driver buyouts at 7,500 after Teamsters union opposition, with most departures in April.
COMPANIES
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