RPT-FOCUS-UPS eyes in-home health services with U.S. vaccine project [Reuters (UK)]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Reuters
UPS eyes in-home health services with U.S. vaccine project | Reuters 6 Min Read LOUISVILLE, Ky. - United Parcel Service Inc wants to get beyond U.S. doorsteps with a new push into healthcare. The world’s largest package delivery firm is preparing to test a U.S. service that dispatches nurses to vaccinate adults in their homes, Reuters has learned, as the company and its healthcare clients work to fend off cost pressures and competitive threats from Amazon.com. UPS did not disclose which vaccines it would be using in the project, but drug and vaccine maker Merck & Co told Reuters it is looking at partnering with the company for the initiative. The project, previously unreported, shows how UPS is targeting a larger slice of the $85 billion outsourced healthcare logistics market. Deutsche Post’s DHL Group dominates the market, which is expected to grow to $105 billion by 2021. “Over-the-threshold services is where the world is headed,” Chris Cassidy, who joined UPS last year from GlaxoSm
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UPS
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- 1/30/24 - Beat
UPS
Sec Filings
- 4/11/24 - Form PX14A6G
- 3/27/24 - Form 4
- 3/22/24 - Form 4
- UPS's page on the SEC website