United Parcel Service is investing $48 million into 27 temperature-controlled facilities as it continues its push into healthcare services, the freight company announced on Monday.
The expansion of these global facilities, which are designed for short-term storage between air and ground transportation, allows UPS to better tap into an emerging $39.1 billion temperature-sensitive biologics market, which continues to grow amid ballooning demand for medication that is required to be stored cold.
