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Monday, August 3, 2020

UPS readies freezer farms to ship COVID-19 vaccines

United Parcel Service (NYSE:UPS) is building two giant freezer farms capable of super-cooling millions of vials of COVID-19 vaccines, preparing for the day when it will need to ship the products worldwide.
The under-construction facilities, located near UPS air hubs in the Netherlands and Louisville, KY, will house a total of 600 deep freezers, each able to hold 48K vials at temperatures as low as -112 degrees Fahrenheit.
The hard part will be the logistics involved in shipping the product under exacting conditions.
Competitors FedEx (NYSE:FDX) and DHL Global Forwarding have also been beefing up their temperature-controlled transport capabilities.

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