Pharma Market Remains Attractive But Can it Save the Air Cargo Market?

Logistics Trends and Insights

As the air cargo market continues to experience downward pressures, carriers, airports, and air freight forwarders are once again turning towards niche industry solutions to help not only jumpstart declining volumes but also revenues. According to a press release, the company has acquired HRTL based in Italy along with two additional companies in Austria and Hungary, HETO and Der Kurier. Air Cargo air freight Europe Pharmaceuticals Air freight

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Supply Chain Movement

However, the main growth in freight flows lies on the periphery of Europe and the Middle East is also continuing to develop, both for domestic supply and for distribution to Africa. In The Netherlands, cigarette manufacturer Philip Morris is closing its factory in Bergen op Zoom and AkzoNobel has decided to phase out its production of organic peroxides in Deventer by the end of 2016. He has just completed a consultancy project for a US food manufacturer in Russia.