Lufthansa Cargo began operations at a cold cargo facility at Frankfurt airport, the latest investment aimed at keeping pace with the fast growing market for temperature-sensitive air freight.
The cool center, which is equipped with four cool storage rooms with different temperature ranges and a 14,763-square-foot deep-freezer cell, will handle all temperature-controlled shipments, notably pharmaceuticals, passing through Lufthansa’s global hub.
“Our cool/temperature controlled product is assuming ever-increasing importance for Lufthansa Cargo thanks to growth rates of 15 percent,” said Andreas Otto, Board member for product and sales
“It has been our most successful product in the past few years” accounting for just under 10 percent of Lufthansa Cargo’s revenue, he said.
The Frankfurt facility opened seven months after Lufthansa began operations at its first temperature controlled international pharma hub at Hyderabad, India.
The pharmaceutical logistics market will grow by 12 percent this year to around $63 billion as more drugs are made in Asia and other developing nations, according to Transport Intelligence, an industry research firm.
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