Tim Consult launches airfreight guide for pharma industry

Transport consultancy firm Tim Consult has launched a guide to help firms navigate “through the labyrinthine world of temperature-controlled global air freight markets”.

The MII Pharma Air Cargo guide addresses the “demanding field” of global air cargo for the pharma industry.

According to Tim Consult, participating companies of the initiative can benefit from “unique insights not only into pricing by lanes, airports, airlines and forwarders, but also into costs associated with special requirements, for example packaging solutions to avoid temperature variations”.

Oliver Kahrs, managing director of Tim Consult, commented: “We’re very excited about this project. Pharmaceutical companies depend on air freight for speed and global reach, but have to comply with stringent regulatory demands.

“These call for specialist equipment, storage facilities and harmonised handling procedures across the entire supply chain. With freight space in scarce supply and a limited number of qualified service providers, choosing the right course of action through the maze of different rates and services can be hugely challenging.”

Christoph Bruns, manager of MII Global Air Cargo at Tim Consult, added: “Our analyses are based on the insights of a community of specialist market players. Participating companies – shippers only – entrust us with their freight data, derived from actual agreements and contracts in active use. So the data is fully grounded in the business. Of course, we have clear rules and processes to ensure confidentiality and compliance.”

Stephan Sieber, chief executive of Transporeon, said: “The global pandemic has shown once again the critical importance of reliable supply chains. This is especially true for medical supplies. Facilitating the movement of goods is at the heart of what we do and we’re delighted to support the pharma industry in this key activity.”

Tim Consult’s market intelligence initiatives examine data from companies in the same industries and with the same strategic approach. “Contributing companies use the results as preparation for supplier negotiations, for tactical freight purchasing and to sharpen strategies and processes based on shared experiences,” added Bruns.