UPS Opens New Logistics Facility To Serve Healthcare Industry
UPS’s Global Delivery Network Now Even More Accessible To Pharmaceutical, Medical Device & Equipment Companies.
LOUISVILLE, Sept. 30, 2005 – UPS (NYSE:UPS) today officially opened its largest logistics facility dedicated to serving the healthcare industry, a 500,000-square-foot distribution center located near the company’s Worldport global air hub.
Thanks to the location, air shipment orders received as late as 11 p.m. can arrive at their destination the next day, while packages shipped via UPS’s ground network can reach 70 percent of the United States in two days or less.
“With this facility, we have added another healthcare distribution center that can help our clients meet the many operational and regulatory challenges they face,” said Rocky Romanella, president and general manager of UPS Supply Chain Solutions’ Americas region, speaking at the official dedication ceremony here. “This facility will allow us to manage pharmaceutical and medical devices and equipment in a secure and approved environment.”
The new facility, located next to the main campus of the UPS Supply Chain Solutions Technology and Logistics Center, is the 25th in North America to be devoted to the healthcare industry and was constructed to comply with the U.S. Federal Prescription Drug Marketing Act and various other federal and state regulatory requirements. It is divided into validated temperature-controlled and ambient sections and is designed to handle sensitive pharmaceuticals. The building’s equipment and systems facilitate the efficient distribution of over-the-counter and prescription drugs.
Additionally, other medical-related products and equipment distributed from the facility can be delivered to mass market retailers, pharmacies, healthcare facilities and direct to consumers.
The new building is the latest addition to a growing network that UPS Supply Chain Solutions uses to manage the global supply chain requirements of healthcare customers. UPS Supply Chain Solutions services include transportation management, logistics, distribution, inventory management, order fulfillment, returns management, customs brokerage and international trade services.
UPS is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Georgia, UPS serves more than 200 countries and territories worldwide. UPS’s stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com.
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Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company’s strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, governmental regulations, our competitive environment, strikes, work stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company’s Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.
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