DHL says it will invest US$150 million to expand US healthcare business

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Deutsche Post DHL Group on Thursday said it will spend US$150 million this year to expand its U.S. healthcare distribution network capacity by ...

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

Healthcare is the fastest-growing sector for DHL's North American Supply Chain unit that counts Zimmer Biomet Holdings and Avanos Medical Inc among its U.S. customers. Outsourcing those services helps companies increase reliability and reduce costs that can help slow ballooning U.S. healthcare costs, experts said."This market is changing pretty dramatically," Scott Cubbler, president of Life Sciences & Healthcare at DHL Supply Chain, said of the U.S. healthcare industry that is navigating consolidation, changing regulations and cost pressures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines