UPS (UPS) to Acquire Frigo-Trans
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
UPS Bolsters Healthcare Logistics Capabilities with Cold-Chain Acquisitions
September 10, 2024 6:30 AM EDTAcquisitions Accelerate Plan to Provide Healthcare Customers with End-to-End Temperature Controlled Solutions Across Europe
ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced that is has agreed to acquire Frigo-Trans, and its sister company BPL, (together Frigo-Trans) industry-leading, complex healthcare logistics providers based in Germany. Once completed, the acquisition will enhance UPSs end-to-end capabilities throughout Europe for UPS Healthcare customers who increasingly require temperature-sensitive and time-critical logistics.
The fast-paced innovation in the pharmaceutical industry is creating the need to have more integrated cold and frozen supply chains, said UPS EVP... More
