The global pharmaceutical industry is expected to reach a valuation of $5.3 billion by 2032. The current valuation is $2.6 billion, as of 2024. This includes everything from raw materials and active ingredients to finished products and medical devices from manufacturers to distributors, wholesalers, pharmacies and health care facilities.
IAG cargo, the cargo division of International Airlines Group, recently reported a 22% increase in tonnage in...
After a week of will-they, won’t-they and days of back and forth, the U.S. imposed tariffs on its top trading partners, Canada and Mexico, for a little over 48 hours. Now, the 25% tariffs have been halted till April 2. So anything that was moving tariff free under the U.S.-Mexico-Canada Agreement is moving freely again for the next few weeks.
The 20% tariff on goods coming from China is still in place as is the 10% duty on imports of...
The will-they, won’t-they of tariffs has been looming over the pharmaceutical industry. Earlier this week, it looked like 25% tariffs were set to be imposed on top trading partners Canada and Mexico. Then the tariffs were put on hold for a month. For the moment, that leaves only the 10% tariffs on China to contend with.
Impacts of the Chinese tariffs on the pharmaceutical industry stand to be significant. The U.S. is already struggling with...
Hello, and welcome to the coolest community in freight!
You know what’s cool? This year’s Future of Freight Festival. It takes place Nov. 19-21 in Chattanooga, Tennessee. What makes it so cool is the beautiful fall foliage, the industry leader talks and the fun. Sure, all conferences say they’re the fun ones, but this one actually is. Not to mention, the Chattanooga Aquarium is quite chilly for the penguins. This year, subscribers to Running on Ice get a promo code exclusive to us! You can...
https://www.freightwaves.com/news/running-on-ice-big-things-coming-in-smaller-pharma-packages
Hello, and welcome to the coolest community in freight!
This year’s Future of Freight Festival takes place Nov. 19-21 in Chattanooga, Tennessee. But it’s not your average conference. Sure, there are wonderful speakers and fireside chats. But that’s only half the fun. F3 is set up with half days of speakers and amazing content. The other half we take over downtown Chattanooga, and there are events, networking and a lot of fun to be had by all. This year, subscribers to Running on Ice get a promo...
https://www.freightwaves.com/news/running-on-ice-american-airlines-doubles-down-on-cold-chain
Magellan Circle Italy, a European consultancy in transportation, mobility, logistics, environment and circular economy, has announced an alliance with EETRA, a company that specializes in sustainability management and environmental, social and governance strategies. The alliance aims to enhance ports- and logistics-focused innovation and sustainability.
The EETRA CEO, Carlo Rossini, said in an American Journal of Transportation article: “The...
https://www.freightwaves.com/news/running-on-ice-port-advancement-comes-to-cold-chain
Your latest info on all things cold chain
Hello, and welcome to the coolest community in freight! Here you’ll find the latest information on warehouse news, tech developments and all things reefer madness-related. I’m your controller of the thermostat, Mary O’Connell. Thanks for having me!
All thawed out(Photo: Jim Allen/FreightWaves)
Expanding its Chicagoland reach, Kuehne+Nagel is adding a GxP-compliant area in the Windy City. To be GxP-compliant, a facility must follow a set of regulations...
https://www.freightwaves.com/news/running-on-ice-chicago-is-the-new-place-to-be
Cargo volumes at Cathay Pacific in October continued a pattern of double-digit contraction as strict China COVID policies hamper flight operations and the traditional fall surge in airfreight activity ahead of the holidays failed to materialize.
Hong Kong-based Cathay Pacific, a major combination carrier with a fleet of 20 Boeing 747 freighters, has tumbled from the fifth- to the ninth-largest cargo carrier in the world in the past year, according to the International Air Transport Association.
Ca...
https://www.freightwaves.com/news/cathay-pacific-cargo-traffic-shrinks-25-in-october
This fireside chat recap is from FreightWaves’ Cold Chain Summit on Wednesday.
FIRESIDE CHAT TOPIC: Controlling temperature for pharmaceutical shipments in air cargo
DETAILS: Temperature-sensitive goods such as pharmaceuticals require special handling during transportation, as well as coolers or refrigerated containers. The equipment maintains a constant temperature and humidity during transit. The air cargo environment is especially challenging because there are multiple handoffs between...
This fireside chat recap is from FreightWaves’ Cold Chain Summit Wednesday.
FIRESIDE CHAT TOPIC: Cold chain challenges in the pharmaceutical industry.
DETAILS: The COVID-19 pandemic put a spotlight on the cold chain’s role in the pharmaceutical industry. Alex Guite, with the drug distributor World Courier, explains how the cold chain took on that challenge and what drug distributors have learned about the cold chain from the pandemic.
SPEAKER: Guite is the vice president of services and alliances...
https://www.freightwaves.com/news/cold-chain-summit-challenges-in-pharmaceutical-logistics