SAUDIA CARGO GAINS EU GDP CERTIFICATION
Global certification dispenser SGS has issued Saudia
Cargo the certificate of European Union Good Distribution
Practice (EU GDP) in the sector of pharmaceuticals.
The certificate marks a new achievement for Saudia
Cargo and is recognition of its high quality storing
DOWN, DOWN,
DOWN…
Trade disputes are in no-one’s best
interest.
The US-China tariff war drags
on, with seemingly no end in sight.
ALI posed the question about its
effects in the October issue and,
unsurprisingly, found plenty of
negative comment from Chinese
carriers. Indeed, according to
recent data, Chinese exports to the
US were down by a little over 10%
this autumn. Supply and demand is
perhaps best summarised by the fact
that capacity has outstripped global
demand for over 16 months now – and
and transporting services of pharmaceuticals and
medical cargoes. Saudia Cargo has fulfilled and met all
international requirements for the certificate.
“This certificate recognises that Saudia Cargo
maintains and complies with the quality management
insofar as China is concerned, whilst
not all of this is down to President
Trump’s foreign policy, this year’s
data for some is certainly linked to
this initiative.
According to a World ACD market
analysis, in August year-on-year
weight loss of 7.1% worldwide was
accompanied by a yield decrease (in
US$) of 9.4%. Further, in September,
China’s outlook registered a four-point
decline (from June) to an index value
of 45: these were DHL’s Global Trade
Barometer findings.
Following that, in October, Kuehne
+ Nagel declared that it foresaw
no upturn in trade for the (usually
profitable) last couple of months of
the year; instead, it forecast doom and
gloom for a further three quarters.
standards throughout the supply chain and applies
efficient procedures and policies for receiving and
handling pharmaceuticals and medical products without
any risks,” commented Abdulrahman Al-Mubarak, Chief
Commercial Officer, Saudia Cargo.
But it’s an ill wind that blows
nobody any good. Vietnam has
emerged glowing from the debacle,
posting economic growth of over
7% in the third quarter of 2019.
Companies seeking alternative
manufacturing sites, coupled with
the rerouting of goods from China,
seem to have been the reasons
behind the jump. This, whilst India,
Indonesia and the Philippines have
been cutting interest rates and the
manufacturing and retail sectors in
China, Korea and Hong Kong have
all slumped.
Predicting the future is a
notoriously difficult art; but as 2019
comes to an end, it has to be said that
prospects for the new year are looking
rather mixed.
FROM ALL ACROSS THE WORLD,
IN TIME FOR FLU SEASON.
Visit aircanadacargo.com today.
IN BRIEF
Dnata has strengthened its position in
the cargo logistics industry in the Middle
East by joining forces with Wallenborn
Transports, Europe’s largest air cargo road
feeder services operator.
Wallenborn Transports recently
completed the acquisition of Agility
Global Logistics’ interest in dnata PWC
Airport Logistics, a Dubai-based premium
road feeder services provider, and will
now embark on a partnership with dnata
through its ownership in DPAL. The
partnership will see the companies develop
new products and services, as well as
enter new markets.
The parties have agreed not to disclose
the details of the transaction. The current
leadership teams will continue to manage
the business and operations.
www.airlogisticsinternational.com December 2019 7
/aircanadacargo.com
/www.airlogisticsinternational.com