United Parcel Service, Inc. (NYSE:UPS) is looking for inorganic growth. Kathleen Gutmann, President of International Healthcare and Supply Chain Solutions said that "We will continue with a mix of organic and inorganic growth as we march forward. The complex logistics market includes a range of specialized needs from medical devices, to clinical, to gene therapy, lab specimens and so much more.

These areas require precision logistics, and we are well positioned to grow further, supported by our expansive global portfolio and network. The trends that are driving demand for healthcare naturally also drive demand for logistics and of course, our revenue. The healthcare logistics market is especially attractive to us because it has year-round demand and is more resistant to economic downturns.

That enables more predictability for operations across the whole supply chain. To reach $20 billion, we will unlock organic and inorganic opportunities, leveraging our cold chain global capabilities, building lab port, our Louisville-based lab and of runway solution". Brian Newman Brian Newman, Chief Financial Officer said that ?In addition to healthcare, we will focus on orchestration logistics and expanding our addressable markets through digital solutions.

And with our on-demand network that Nando talked about, we plan to nearly triple our UPS digital revenue. That takes us to $108 billion in consolidated revenue by 2026. Additionally, we're actively pursuing inorganic opportunities specifically in healthcare and international?.

?And from 2024 to 2026, we project cumulative free cash flow will be between $17 billion and $18 billion. We want to maintain strong liquidity, not just to run the business and weather any macro shocks, but also to remain opportunistic on inorganic growth. Between cash and our commercial paper program, we want to always have around $4 billion to $5 billion of liquidity?.