Europe sees booming pharma air logistics, but needs regulatory consistency
The European pharmaceutical cargo market is robust, largely driven by the region’s increasing role as ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
It may be a small market, but it’s clearly an impassioned one. The Bahamas government, in its infinite wisdom, has made some Customs amendments without consulting the industry. As a result they appear, if this article is correct, nigh-on impossible to implement. Air freight costs are expected to increase “tremendously”. Part of the problem is a new “25% of the value” processing fee, non-existent yet essential forms, and a $5,000-per-item fine for airlines if any restricted item is found on board. Actually, the list of problems goes on in what has been called government “foolishness”. If you are involved in the Bahamas, be aware.
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