
Industry collaboration, Poseidon, targets ocean freight of pharmaceuticals
Multi-vendor Team-Up approach should ease systems integration
For over a year, Alan Kennedy, an industry consultant, has been promoting an effort called Team-Up, specifically to foster collaboration among vendors and service providers involved in pharma logistics. Now, he is about to announce one of its first such collaborations, called the Poseidon model for ocean freight, which will be unveiled at the upcoming IQPC Temperature Controlled Logistics Conference (London, Feb. 1).
According to Kennedy, “Poseidon logistics, product and service partners are hand-picked and rigorously vetted prior to signing the Poseidon Partnering Agreement which tightly commits them to the program and governs their behavior and performance.” Vendors on board with the program include Maersk, H. Essers, Marsh,
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Ocean freight of pharmaceutical products, in turn, is an especially valuable option for the pharma industry today, if only because air freight prices (the more typical mode of shipping finished pharma products) has been rising in cost for more than two years, and is expected to jump again this year as the world economy re-energizes.
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