How UPS is preparing for vaccine shipments - Yahoo Finance
Kate Gutmann, Chief Sales and Solutions Officer and SVP of UPS Healthcare, joined Yahoo Finance Live to discuss how UPS is preparing to handle vaccine shipments and how the company is handling holiday shipments.
Video Transcript
ADAM SHAPIRO: There's a lot of hope, too, at UPS about the holiday rush. Because that stock, although it was essentially flat today, has been rising for all kinds of reasons. Let's bring into the stream Kate Gutmann, chief sales and solutions officer, as well as senior vice president of UPS healthcare.
Kate, it's good to have you here. I want to start with the thing because Christmas on the mind, but so it COVID. UPS has that incredible facility world port in Kentucky. And you have those cold storage freezers. You have that cold storage facility. It's huge. Is that going to play a role in vaccine delivery once we get FDA approval?
KATE GUTMANN: Yes, it sure will and is right now through the testing stages. We were very involved in the clinical trial stage. But the freezer farms in our Louisville facility are ready, and we will be supporting Pfizer, maintaining that ultra low temperature, and then shipping, as well as we'll be supplementing from that facility as well with dry ice after every vaccine package to ensure longer life at the dosing sites.
Kate Gutmann, Chief Sales and Solutions Officer and SVP of UPS Healthcare, joined Yahoo Finance Live to discuss how UPS is preparing to handle vaccine shipments and how the company is handling holiday shipments.
Video Transcript
ADAM SHAPIRO: There's a lot of hope, too, at UPS about the holiday rush. Because that stock, although it was essentially flat today, has been rising for all kinds of reasons. Let's bring into the stream Kate Gutmann, chief sales and solutions officer, as well as senior vice president of UPS healthcare.
Kate, it's good to have you here. I want to start with the thing because Christmas on the mind, but so it COVID. UPS has that incredible facility world port in Kentucky. And you have those cold storage freezers. You have that cold storage facility. It's huge. Is that going to play a role in vaccine delivery once we get FDA approval?
KATE GUTMANN: Yes, it sure will and is right now through the testing stages. We were very involved in the clinical trial stage. But the freezer farms in our Louisville facility are ready, and we will be supporting Pfizer, maintaining that ultra low temperature, and then shipping, as well as we'll be supplementing from that facility as well with dry ice after every vaccine package to ensure longer life at the dosing sites.
