UPS Chief Targets Supply-Chain, Medical Acquisitions

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 8, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Chief Targets Supply-Chain, Medical Acquisitions - Bloomberg

    United Parcel Service Inc., the world’s largest package-delivery company, is looking for acquisitions to bolster its supply-chain and freight-forwarding units, Chief Executive Officer Scott Davis said.

    UPS has made more than 40 purchases in the past decade, and there are “likely to be some more” in the coming year, Davis, 57, said today in an interview in New York. China, India and the Middle East are at the “top of the list” for expansion, as is the health-care industry, he said.

    “We’re strengthening ourselves in emerging markets, the Middle East, Asia, areas where we think we can invest and grow,” Davis said.