Pharma traffic expected to grow 12% A 12 per cent growth rate is predicted for pharmaceutical air freight over the next five years as air cargo carriers and logistics operators prioritise investment in facilities to cater for the rapidly growing pharaceutical market. In 2011 alone, the pharma logistics market is estimated to be worth €47 billion. Freight giant UPS has invested in five new pharmaceuticals facilities in the past year, while Germany’s Lufthansa recently opened a new … [Read more...] about Pharma traffic expected to grow 12%
U-Freight
New Shanghai logistics facility for U-Freight
International freight service and logistics company, U-Freight has broken ground on a RMB200 million (US$29.3 million) warehousing and office complex at Shanghai Pudong International airport. The new complex – expected to be completed within 15 months – will incorporate some of the latest energysaving and eco-friendly equipment and techniques, such as solar-powered lighting, while providing U-Freight with the space to grow its business as the world economy recovers. The … [Read more...] about New Shanghai logistics facility for U-Freight
Life begins at forty for U-Freight
U-Freight – the Hong Kong headquartered international freight service and logistics group, celebrated what it said was another successful year of growth at its annual conference in Hong Kong last month as it marked U-Freight’s 40th anniversary. Since 1968, U-Freight has developed into one of the world’s leading independent providers of international freight forwarding and logistics services offering a full range of air and seafreight services with a key focus on moving goods … [Read more...] about Life begins at forty for U-Freight
