“We've got plans to take that to $20 billion by 2026”

In context

“é: Yeah. Thank you for that question. I love to talk about our future, because I think our future is very bright. We are leaning into the segments of the market that value our end to end network, but we're doing it through differentiated capabilities. And so when you think about the future of UPS, think about complex logistics where we are providing solutions for the segments of the market that no one else has. Think about RFID tagging, which started as a productivity initiative for us, has turned into an inventory management opportunity and benefit for our upstream customers. Think about healthcare. Healthcare is such an opportunity for us. The healthcare market growth slowed down a bit in 2024. The market grew 2.5%, we grew 5%, so our healthcare revenue for the year about $10.5 billion. We've got plans to take that to $20 billion by 2026 and the TAM, the addressable market just in complex is over $80 billion. To break down that $10.5 billion for you, we've got $5 billion in complex, we've got $1.5 billion in clinical, and we've got about $4 billion in non-complex. So we are going to over index on the complex and clinical over the next several years. As we think back now on these differentiated opportunities, international diversification is also an opportunity for us. A couple of years ago, we realized that manufacturers in China were moving to a China plus one strategy where they weren't exiting China, but they were moving manufacturing to other locations, like Vietnam. So we got ahead of it. We expanded our operations and we see in these trade lanes where we expanded operations, 20% growth, 30% growth. So international”