The Air cargo industry is playing a vital role in the transportation of pharmaceuticals
The international pharma industry is growing, the air cargo share of international pharmaceutical product transportation has decreased. The handling of the pharma industry is a very difficult business. The Pharma industry is the world’s third largest industry, which is playing an integral part in the world trade industry. The pharma trade growth has been increased 11 percent average over the last years. Europe and the USA are the major hubs of the pharma industry. To handle the pharma industry is the biggest challenge for the air cargo industry.
The air cargo industry is more expensive as compared to the ocean cargo, but despite all the facts the Cargolux airline picked up a big revenue from the pharmaceutical industry. The International Air Transport Association (IATA) is expecting a more growth in revenue from the pharmaceutical industry in the coming years. It is hoped that the pharma industry would appear profitable for the air cargo shippers. But unfortunately, the major share of the air cargo industry in the global pharmaceutical transportation has decreased. This decline in the air cargo share in the pharma transportation is a red alert. If the air cargo industry regains its shares successfully, then it must be able to gain the transportation and the handling of the pharmaceutical.
PHARMACEUTICAL SHIPPING IS A CHALLENGE FOR AIR CARGO
The transportation of the delicate and perishable products is a big challenge for the air cargo industry. Many products including the pharmaceutical products require a special attention for handling. To protect the value of the product the urgent delivery of the fragile products is a big concern.
Many pharmaceutical products are very sensitive to environmental factors, so their quick and careful transportation is a very complex task for the air cargo. On the other hand it is also very difficult to maintain those balanced conditions in a secure temperature controlled building.
IATA ESTABLISHED THE CEIV PHARMA
IATA established the Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) to putting the pharmaceuticals back into the air cargo industry. It is an appreciative approach of the IATA to beat the other cargo rivals.
The major aim of the CEIV pharma is the transportation of the pharma products sensibly and delicately. The CEIV pharma helps the air cargo industry to develop the important tools and the skills that are necessary to handle the pharmaceutical shipping. With the establishment of the CEIV pharma the IATA achieved a leading place in the world of cargo.
