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Pharmaceutical/Biotech: Page 92

Stores Hustle to Get Holiday Goods As Fallout From Hanjin Mess Continues

The last Hanjin Shipping vessel dropping off goods in California has set sail from the Port of Long Beach, finally clearing the many ships left stranded by the company's sudden collapse two months ago. But in its wake, the giant shipping line has left a mess that retailers across the country will be sorting out for weeks.

Energy Agency Expects Another Oil Surplus in 2017

The oil market risks running another surplus in 2017 without an output cut from OPEC, as producers around the globe ramp up supply and demand growth falters, the International Energy Agency said last week.

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China Air Group Approves All-Cargo Carrier, Another to Follow

The Civil Aviation Administration of China (CAAC) said it would grant an air operator's certificate (AOC) to Guangzhou-based China Air Cargo Corporation, unless there was a credible objection by November 18.

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Top 40 Cargo Airports Provide Glimpses of Future Growth

Sometimes all it takes is a shift in strategy from a single carrier to make an impact on airport freight traffic. Qatar Airways Cargo, for instance, has been ramping up its airfreight routes for the last couple of years, seeking more high-value cargo, such as pharmaceuticals, and forming joint ventures with other airlines, such as IAG. Qatar achieved such growth via "fleet and network expansion, innovation in our technology, creative interline agreements and by deploying capacity on expanding or untapped markets," said Ulrich Ogiermann, the carrier's chief cargo officer.

UPS to Acquire Healthcare Logistics Company Marken

UPS has entered into a definitive purchase agreement to acquire Marken, a global provider of supply chain solutions to the life sciences industry. The transaction, which provides UPS with growth opportunities across the life sciences customer base, is expected to close by Dec. 31, UPS said. Terms of the acquisition were not disclosed.

Pharma Cold Chain Distribution Updates from MHRA, IATA, GSK, Teva, J&J, World Courier, Finnair…

SMi Group reports: World Courier, Finnair, MHRA, IATA, Teva, GSK, J&J, Sanofi will meet in London this December at Cold Chain Distribution 2016

Carrier Transicold Says New Tool Locates Source of Temperature Abnormalities

For refrigerated haulers who require independent verification of temperatures inside trucks and trailers or immediate documentation for receivers, Carrier Transicold is offering its DataLink 2 recorder. The system, for single-temperature or multi-temperature applications, uses up to three independent temperature sensors, providing an added layer of verification beyond the refrigeration system's built-in recording ability, the refrigeration equipment company says.

Shell Says Demand for Oil Could Peak in 5 Years

Royal Dutch Shell Plc, the world's second-biggest oil company by market value, thinks demand for oil could peak in as little as five years. Demand will peak before supply, says chief financial officer Simon Henry, and that peak will be driven by efficiency and substitution, more than offsetting the new demand for transport.

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Pollution Accord Is Set for Global Flights, But Tasks Remain

The great and the good of world aviation gathered in Montreal last month to do something that seemed impossible even a couple of years ago. They agreed to cap greenhouse gas emissions from international flights. The pact - the first climate change agreement to apply worldwide to a specific sector, one that produces the equivalent annual carbon dioxide output as that of Germany - was greeted with almost universal support.

Grace Medical Center Uses ZulaFly RTLS to Prevent Food, Medication Loss

Grace Medical Center, a 123-bed hospital in the Grace Health System, has prevented $15,000 in food from spoiling since August by installing a real-time location system (RTLS) to monitor the temperatures of refrigerators and freezers, the hospital says. The system, made by ZulaFly, consists of the company's own cloud-hosted Fuzion software platform to capture data from CenTrak RFID temperature sensors.

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Major Carriers Forecast Significant Growth in Holiday Shipping Volume

UPS, FedEx and the U.S. Postal Service are all projecting major growth in holiday shipping volume during the peak season, driven by the continued boom in ecommerce activity. UPS, for example, is projecting 700 million deliveries between Thanksgiving and the end of the year, a 14 percent increase over 2015.

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Millennials Want Companies to Adopt New Identity Verification Approaches

When it comes to sharing personal information, millennials are reluctant. There is a gap between millennials wanting to secure access on all connected devices and their willingness to sharing data, according to a study by Lexis Nexis Risk Solutions. This could be a wake-up call for businesses to find solutions that minimize the amount of data they have to collect.

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