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UPS Logistics Steering 70,500-SF Distribution Site for PharmasMarket.com

FT. WORTH-PharmasMarket.com is up and running with 70,500 sf of distribution space in the 330,000-sf structure owned by UPS Logistics Group at Ft. Worth's Alliance industrial development. The deal marks the dot-com's inroad into Texas.

By Connie Gore | Updated on October 05, 2000

FT. WORTH-PharmasMarket.com is up and running with 70,500 sf of distribution space in the 330,000-sf structure owned by UPS Logistics Group at Ft. Worth’s Alliance industrial development.

The deal marks the dot-com’s inroad into Texas, a PharmasMarket source tells GlobeSt.com.The site will be manned by UPS employees at the logistics fulfillment center. The state-of-the-art pharmaceutical-grade distribution center exceeds all FDA, DEA and PDMA regulations, according to the company.

“UPS Logistics is enabling us to revolutionize the pharmaceutical supply chain industry,” says Jay Alperin, PharmasMarket CEO. The teaming of UPS Logistics’ expertise in shipping and PharmasMarket.com’s purchasing structures practically ensures efficient and timely shipping of prescription drugs in accordance with industry standards and FDA requirements. Alperin says the partnering will “eliminate the inefficiencies that currently exist in the pharmaceutical supply chain to create a more streamlined and profitable process for industry buyers and sellers.”

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