DHL says it will invest $150 million to expand U.S. healthcare business

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DHL says it will invest $150 million to expand U.S. healthcare business
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Deutsche Post DHL Group on Thursday said it will spend $150 million this year to...

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LOS ANGELES - Deutsche Post DHL Group on Thursday said it will spend $150 million this year to expand its U.S. healthcare distribution network capacity by roughly 40 percent.

DHL’s Supply Chain unit will add or expand nine Food and Drug Administration-compliant distribution sites for pharmaceutical, biotech and medical device companies in Indiana, North Carolina, Tennessee, Pennsylvania, California and Virginia - bringing the total of such U.S. facilities to 30. Outsourcing those services helps companies increase reliability and reduce costs that can help slow ballooning U.S. healthcare costs, experts said.

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Meanwhile, United Healthcare announced plans to get into the package delivery business.

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