Coronavirus vaccine

Wall Street’s incredible shrinking shipping stocks

shipping stocks

The news is brimming with stories on businesses that are “dead men walking.” Movie theaters. Cruise lines. Retail outlets. Event organizers. Big-city offices. Ocean shipping doesn’t fall in this category — there’s no existential threat to transporting cargo by sea. Yet the travails of 2020 raise the question: Do shipowners still have a long-term future on Wall Street?

Looking to 2021 and beyond, can U.S.-listed shipping stocks recover or will they sink further toward penny-stock oblivion?

To...

https://s29755.pcdn.co/news/wall-streets-incredible-shrinking-shipping-stocks

AirBridge Cargo transports first shipment of Chinese COVID vaccine

A 747 jumbo cargo plane gets loaded with large coolers containing pharmaceutical products.

Russian freighter operator AirBridgeCargo has delivered its first shipment of China’s COVID-19 vaccine under the logistics guidance of UPS Marken (NYSE: UPS), the clinical supply chain subsidiary of UPS Healthcare.

AirBridgeCargo, part of the Volga-Dnepr Group, said Monday it transported 6,000 doses of the Ad5-nCoV vaccine made by CanSino Biologics from Beijing to an undisclosed destination for use in clinical trials in various countries. The vaccine is stable at temperature ranges between 35.6...

https://www.freightwaves.com/news/airbridge-cargo-transports-first-shipment-of-chinese-covid-vaccine

Solving the dry ice challenge for COVID vaccine

A UPS worker shovels dry ice into containers.

Express delivery and logistics giant UPS (NYSE: UPS) on Tuesday said it has invested in machines to produce dry ice for transport and storage of frozen COVID-19 vaccines, while Switzerland-based SkyCell revealed a new ultracold container that enables larger vaccine shipments by air because less dry ice is required.

The new investments come as governments and industry are racing to prepare for a massive logistics campaign to distribute billions of vaccine doses around the world, with early...

https://www.freightwaves.com/news/solving-the-dry-ice-challenge-for-covid-vaccine

COVID lockdown sequel threatens ocean shipping demand

business lockdown

Europe locked down in March. Many U.S. states followed suit in April. Demand for containerized cargo and oil evaporated overnight. Now, much of Europe is closed down once again. U.S. business restrictions are tightening. COVID hospitalizations are reaching new heights. And ocean shipping demand is at risk of a relapse.

There is “significant uncertainty given rising lockdowns,” warned Clarksons Platou Securities in its shipping outlook this week.

Craig Stevenson, CEO of tanker owner Diamond S...

https://www.freightwaves.com/news/covid-lockdown-sequel-threatens-shipping-demand

COVID vaccine logistics to start as sprint, turn into marathon

White FedEx planes with blue tails, with an image of the coronavirus as art. FedEx is helping ship supplies to combat the coronavirus.

About 40 million doses of two leading COVID-19 vaccines could be available for nationwide distribution by the end of December, with similar amounts metered out each month afterward in a carefully synchronized manner to ensure all jurisdictions have a predictable supply, Operation Warp Speed officials said at a press conference Wednesday.

Vaccine candidates from Pfizer Inc. (NYSE: PFE) and Moderna (NASDQ: MRNA) are expected to soon be authorized for emergency use by the Food and Drug...

https://s29755.pcdn.co/news/covid-vaccine-logistics-will-become-routine-after-initial-rush

New resources help aviation logistics firms plan for COVID-19 vaccine

Light gray Qatar Airways cargo plane being loaded at airport from side door.

Logistics industry preparation to assist with the global distribution of COVID-19 vaccines is largely built on educated guesses because of an information hole about precise shipping requirements for each drug and who has the necessary cold storage and transportation capacity. The International Air Transport Association and the Cool Chain Association this week released tools and guidance to help remove that cloud of uncertainty and foster end-to-end collaboration across the supply chain.

The...

https://s29755.pcdn.co/news/new-resources-help-aviation-logistics-firms-plan-for-covid-19-vaccine

[Infographic] Pfizer Goes Solo on US Vaccine Distribution

Pfizer goes solo on U.S. shot distribution, opting out of government channels, reports Freight Waves.

Pfizer Inc. will manage distribution of its COVID-19 vaccine on its own rather than through the U.S. government’s designated coordinator, but officials question whether the U.S. has an adequate supply of medical-grade freezers at the point of use for vaccines requiring storage at ultra-cold temperatures.

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Source: Freight...

https://mfame.guru/infographic-pfizer-goes-solo-on-us-vaccine-distribution/

Pfizer to bypass US government system for COVID vaccine distribution

A big white jet flanked by a blue and white truck on each side of nose. COVID-19 banner since both types of transport will be used to deliver coronavirus vaccines.

Pfizer Inc. (NYSE: PFE) will manage distribution of its COVID-19 vaccine on its own rather than through the U.S. government’s designated coordinator, but officials question whether the U.S. has an adequate supply of medical-grade freezers at the point of use for vaccines requiring storage at ultra-cold temperatures.

The Centers for Disease Control and Prevention in August tasked McKesson Corp. to be the central distributor for COVID vaccines and related supplies needed to administer...

https://s29755.pcdn.co/news/pfizer-to-bypass-us-government-system-for-covid-vaccine-distribution

DOD planning ‘every logistical detail’ of COVID vaccine distribution

U.S. military personnel unloading equipment from back of a

U.S. military leaders and logistics specialists are working on multiple fronts to ensure rapid distribution of COVID-19 vaccines. Efforts include reducing red tape for imports and exports of clinical trial materials and coordinating logistics plans with public health jurisdictions across the country.

The Department of Defense is essentially serving as a lead logistics provider, applying its vast logistical capabilities to coordinate with private sector manufacturing and freight transportation...

https://www.freightwaves.com/news/dod-planning-every-logistical-detail-of-covid-vaccine-distribution

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