FedEx Express, a subsidiary of the world’s largest express transportation company, FedEx Corp, has introduced a new temperature controlled solution, which will improve the handling of temperature-sensitive shipments especially for the pharmaceutical market.
FedEx Cold Shipping will include cold shipping packaging for goods that require a refrigerated environment and can maintain constant 2–8°C environment inside the package for up to 48 hours for the standard duration box and up to 96 hours for the extended duration box.
“FedEx temperature controlled packaging uses cutting-edge technologies to provide healthcare suppliers with cost-effective and environmentally-friendly solutions for their life-saving products,” said Mike Higley, Vice President of Operations, FedEx Express Southern Africa.
The cold-shipping packaging is designed to be easy to use, reliable, cost effective and environmentally friendly. The solution can be used by the healthcare and pharmaceutical industries, as well as any shipper requiring low-temperature options for their goods, said Higley.
According to the latest IMS Health data, the pharmaceutical market in South Africa is worth R39.5 billion the largest in Sub-Sahara Africa, growing at a compound annual growth rate (CAGR) of 7.4% from 2014 – 2019.
“Launching this product in the South African region enables us to cater to this growing market with innovative solutions that truly transform healthcare logistics,” added Higley. “The packaging is smaller, lighter and more compact than most gel-pack systems, leading to lower shipping costs for the customer.”
Future of temperature-controlled packaging
Within the next few years, temperature-sensitive biopharmaceutical products such as biologics, drugs, vaccines, and blood products are expected to be used at approximately twice the rate of other pharmaceutical products.
Although these products are becoming increasingly popular, the high costs, specialised storage and transportation requirements demand that every stage of the supply chain should monitor the temperature, light exposure, humidity and movement of the shipment.
Through its temperature-controlled packaging solution, FedEx Express will provide customers with safe and reliable options for transporting biogenetics, biomaterials and any other sensitive shipments to more than 220 countries and territories worldwide.