UPS (NYSE: UPS) announced an ongoing investment of more than $2 billion across its International, Healthcare and Supply Chain Solutions businesses, according to a company press release. The spending, which began in 2024 and is planned to continue through 2028, targets operations across Europe, Asia-Pacific and the Americas.

Projects underway include a new hub at Clark Airport in the Philippines, expected to open in the fourth quarter of 2026, a new facility in Barrie, Ontario, Canada, planned for 2027, and a new air hub at Hong Kong International Airport scheduled for 2028.

Other investments already completed or in progress include 27 temperature-controlled freight cross-dock facilities, a tech-enabled logistics center in Taiwan, an expanded air hub in Incheon, South Korea, and a supply chain solutions facility in Amsterdam combining freight, brokerage and cold-chain services.

UPS said it has also added flights running five times a week between Paris and Hong Kong and between Shenzhen and Sydney, and has expanded its North American Air Freight service to include time-definite heavy air freight to and from Mexico.

"These investments allow us to bring air, ground, brokerage and distribution together in one solution, with fewer handoffs, more end-to-end control and less complexity," said Kate Gutmann, UPS Executive Vice President and President of International, Healthcare and Supply Chain Solutions.

UPS reported 2025 revenue of $88.7 billion and employs approximately 460,000 people, serving customers in more than 200 countries and territories.