What Happened
Global Logistics Giant Expands International Operations
UPS has announced a significant investment of over $2 billion in new air cargo hubs across Europe, Asia-Pacific, and the Americas. The programme includes the development of a new hub at Clark International Airport in the Philippines and a fully automated facility at Hong Kong International Airport. This expansion is part of UPS’s strategy to focus on higher-margin logistics services, including temperature-controlled pharmaceutical logistics, as it steps back from low-margin Amazon delivery volume. The investment was first reported by Aviationshop.com.