Atlanta-based UPS said the recent opening of three new health-care distribution facilities in Asia-Pacific was part of its strategy to address trends of growing health-care consumption in the region.

“Asia is our fastest-growing market for health care and we are seeing increased activity in the region, especially in China,” said Bill Hook, vice president, global strategy, UPS Healthcare Logistics.

The new facilities in Hangzhou and Shanghai, China, and in Sydney, Australia, bring the total number of UPS dedicated health-care facilities around the globe to 36, encompassing more than one-half million square meters of space, the package delivery service said in an October 25 official release.

Opened in the third quarter of this year, the 22,000-square-meter Hangzhou facility is designed to support the increasing number of pharmaceutical companies that are locating manufacturing operations in China.

Located within the Waigaoqiao Free Trade Zone, the recently opened 7,500-square-meter Shanghai facility provides access to one of the largest consumption markets for health-care products.

Opened in the third quarter of this year, the Sydney facility is 5,300 square meters of dedicated healthcare distribution space targeting companies looking to set up distribution in Sydney to serve regional markets.

 

Photo: Ack Ook

You May Also Like

Survey: firms challenged by growing interconnectivity of business risks

Business interruption and supply chain, natural catastrophes, and fire/explosion are the principal risks identified by global companies at the start of 2014, according to…

OOCL logs higher volumes but lower revenue, sets Europe-Asia rate hike

Orient Overseas Container Line (OOCL) reported a 10 percent hike in container volumes to 1.39 million TEUs (20-foot-equivalent units) in the fourth quarter of…

Malaysia’s Northport acquires 4 new quay cranes

Northport (Malaysia) Bhd, the second of three port operators at Port Klang, Malaysia, has expanded its operations with the recent arrival of four new…

MOL, Evergreen to launch Asia-US East Coast service in June

Taiwan’s Evergreen Line and Japan’s Mitsui O.S.K. Lines (MOL) will launch a joint Asia-U.S. East Coast service in early June. In a press release,…