UPS to acquire Frigo-Trans.

UPS, a multinational shipping & receiving and supply chain management company, agreed to acquire Frigo-Trans, complex healthcare logistics providers. Financial terms were not disclosed. “The fast-paced innovation in the pharmaceutical industry is creating the need to have more integrated cold and frozen supply chains. Frigo-Trans will help deepen our portfolio of solutions for our customers and accelerate our journey to become the number one complex healthcare logistics provider in the world addressing their needs,” Kate Gutmann, UPS EVP and President of International, Healthcare and Supply Chain Solutions.