UPS puts 2 billion dollars into logistics as Angola opens 800,000 hectares
UPS is expanding international and healthcare logistics, while Angola and Brazil prepare an agricultural investment programme. Both plans direct capital toward physical supply capacity.
Economics & Markets··Evening
UPS allocates more than 2 billion dollars
UPS disclosed more than 2 billion dollars of investment across its international, healthcare and supply-chain businesses, revealing the combined amount for the first time. The programme places spending in operations outside the company's traditional domestic parcel network. Healthcare logistics is part of the supply-chain solutions segment, alongside international activity that UPS wants to expand. The announcement identifies the businesses receiving the money, while the company has not published one completion date for the whole programme.[1]
The targeted segment lifts its margin
Supply-chain solutions posted an adjusted operating margin of 10.2 per cent in the second quarter, up from 8 per cent a year earlier. UPS also raised full-year revenue guidance to about 91.2 billion dollars. Those figures put the capital plan beside a segment whose reported profitability improved, rather than presenting the spending as a stand-alone construction announcement. The disclosed amount covers international, healthcare and supply-chain operations together, so the report does not assign a separate budget to each business.[1]
Angola prepares land for Brazilian businesses
Angola and Brazil are preparing a protocol for an agricultural productive-investment programme. Angola has made 800,000 hectares available for Brazilian businesses that would work with local communities. Brazilian official Alex Giacomelli said the protocol would be signed soon during a business meeting in Luanda. Angola says it has more than 30 million hectares of arable land and wants the programme to support production, investment and local participation. The current step is preparation of the protocol and land framework; the source does not report that farms are already operating on the designated area.[2]
