What Happened
Shipping Giant Expands Global Network Amid Shift Away From Amazon
UPS is investing more than $2 billion to expand its air-cargo hubs and logistics operations, scaling back low-margin deliveries that rely on Amazon. The company is opening new air hubs in the Philippines and Hong Kong, and expanding its facility at South Korea’s Incheon International Airport. The investments cover UPS’s International, Healthcare and Supply Chain Solutions businesses, and include new temperature-controlled facilities for pharmaceuticals and other sensitive cargo. According to AeroTime, UPS is shifting its focus towards complex, higher-value shipments, including healthcare logistics, which has generated over $3 billion in revenue for the company in the first and second quarters of 2026.