India, Aug. 24 -- United Parcel Service (UPS) plans to invest more than $2 billion across its international, healthcare and supply chain solutions businesses between 2024 and 2028, as the company expands its logistics capabilities amid increasingly complex global supply chains.
The investments include a new hub in the Philippines this year, a Canadian facility in Ontario scheduled to open next year and a new air hub at Hong Kong International Airport in 2028.
UPS has also launched a technology-enabled logistics centre in Taiwan and a supply chain solutions facility in Amsterdam combining freight, brokerage and cold-chain services.
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UPS said automation an...