While UPS did not disclose which vaccines would be used in the project, vaccine manufacturer Merck & Co told Reuters it was exploring a partnership.
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. -Reuters
"Over-the-threshold services is where the world is headed," said UPS global healthcare logistics strategy head, Chris Cassidy - who joined the company last year from GlaxoSmithKline.
He's how the program will operate, per Reuters.
"Workers in UPS' 1.7 million-square-foot healthcare complex at Worldport will package and ship the vaccine to one of the more 4,700 franchised U.S. UPS stores.