Xeneta says Hanjin bankruptcy may ‘redefine’ shipping landscape

Even as the aftershocks are subsiding following the Hanjin Shipping bankruptcy disaster in the seafreight world, marketing intelligence firm Xeneta said the industry is still “reeling” from delays in inventory, rising prices and temporary under-capacity for some ships, which could have effects on this year’s peak season performance for the air cargo industry. “The Hanjin[…]

Tech firms vie to improve forwarder-shipper communication

DUBAI – Forwarders are famously circumspect, especially when it comes to altering time-proven methods. However, at this year’s Pharma and Biosciences Conference of the Cool Chain Association (CCA) and Air Cargo Handling conference, there was growing consensus here that forwarders need to work more closely with shippers to transport pharmaceuticals and other temperature-sensitive shipments. Achieving[…]

Ex-Cargolux CEO Reich resurfaces at R&R

Following Dirk Reich’s resignation from Cargolux back in July, it seemed appropriate to assume it would only be a matter of time before he resurfaced, and now it seems as if that day has come. According to an update on the company website, Reich will be assuming the position of Chairman at “R+R International Aviation,”[…]

Carriers, forwarders, shippers push for cool chain standardization

DUBAI – To ensure that there is “global consistency” in the way temperature-sensitive materials are handled, the cool chain industry needs to institutionalize best practices, through certifications – such as Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV-Pharma) and Good Distribution Practices (GDP) – and also through proper training, said panelists here yesterday[…]

UPS expands 3D printing network to Asia

UPS Asia-Pacific president Ross McCullough (left) and Rick Smith, co-founder and CEO of Fast Radius, hold 3D-printed prototypes after the Singapore facility announcement, Fast Radius, a U.S.-based 3D printing firm, said it will open a new 3D printing factory on the site of a UPS facility in Singapore before the close of 2016. UPS owns[…]