UPS to Build Healthcare Logistics Hubs in Singapore, China on Asia Growth

Discussion in 'The Latest UPS Headlines' started by cheryl, Aug 6, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    UPS to Build Healthcare Logistics Hubs in Singapore, China on Asia Growth - Bloomberg

    United Parcel Service Inc., the world’s largest package-delivery company, plans to open two health-care-logistics hubs in Asia to tap rising regional demand for medical devices and drugs.

    The first facility will be in Singapore to handle Southeast Asia and will open in this year, and the second will be in China and will open in early 2011, Derek Woodward, UPS’s Asia-Pacific head, said in an interview yesterday.

    “Healthcare is a growing sector, one that we’re going to spend more time developing,” Woodward said in Hong Kong. “With governments spending more on health care and people living longer, it’s a growing industry.”