BRUSSELS, Oct 17 (Reuters) – South Korea’s largest carrier, Korean Air Lines (003490.KS), is set to address EU antitrust concerns by offering to sell Asiana Airlines’ (020560.KS) air cargo business and divest routes to four EU cities as part of its acquisition strategy, according to two individuals familiar with the matter. In the context of […]
The U.S. Food and Drug Administration (FDA) has announced a delay in enforcing the compliance requirements concerning cosmetic product facility registration and product listing, as mandated by the Modernization of Cosmetics Regulation Act of 2022 (MoCRA). This delay extends the deadline for six additional months, from December 29, 2023, to July 1, 2024, offering more […]
This message serves as an update to CSMS # 56244578, focusing on the FDA’s transition plan for medical devices marketed under Emergency Use Authorization (EUA) or enforcement policy during the COVID-19 Pandemic, which was issued on May 12, 2023. Enforcement Policy Devices within List 1: Phase 3 of the “Transition Plan for Medical Devices Falling […]
The upheaval caused by COVID-19 drew attention to the vulnerabilities within the global supply chain due to numerous disruptions, highlighting the dire need for improved visibility in overseas shipments. This pivotal moment signaled a turning point for the logistics future, emphasizing the necessity for new tools and technologies to avert similar challenges. Enter Gnosis Freight. […]
Throughout the US logistics industry, we’ve seen prices slide from their 2022 peaks, with various sectors feeling the impact. Ocean carriers and truckload operators led the way, followed by air cargo carriers, LTL providers, and even parcel rates. Surprisingly, warehousing rates have remained immune to the market’s weakening conditions, maintaining their lofty levels. The primary […]
The Bureau of Industry and Security (BIS), a division of the United States Commerce Department, has introduced significant regulatory updates in two Federal Register Notices published on October 25. These updates pertain to interim final rules (IFR) for the export controls on Semiconductor Manufacturing Items (SME IFR) and the Implementation of Additional Export Controls on […]
Sonoco ThermoSafe, a specialist in temperature-controlled packaging, has introduced innovative temperature-controlled container designs that have significantly enhanced clinical trials and pharmaceutical shipments across the Asia Pacific region. With countries such as China, Japan, South Korea, and India being prominent players in sourcing pharmaceutical ingredients for drug development and manufacturing, the demand for clinical trials has […]
Etihad Cargo, the cargo and logistics division of Etihad Airways, has bolstered its cool chain capabilities in the United States through an expanded partnership with Worldwide Flight Services (WFS), a member of the SATS Group. This collaboration ensures Etihad Cargo customers can enjoy seamless end-to-end cargo services encompassing the carrier’s PharmaLife and FreshForward products, alongside […]
The National Customs Brokers & Forwarders Association of America (NCBFAA) has commended Federal Maritime Commission (FMC) Commissioner Carl Bentzel and the Commission’s staff for their outstanding work over the past two years in shedding light on issues related to data availability, cargo, and container visibility, and the imperative for enhanced data exchange and accuracy. As […]
During a meeting on October 19, Hors Classe Adviser of the European Commission, Henrik Hololei, expressed the European Union’s strong support for Kazakhstan’s vision to emerge as a pivotal transportation and logistics hub. This endorsement was relayed by the ministry’s press service following discussions with Kazakh Deputy Foreign Minister, Nazira Nurbayeva. Hololei underscored the EU’s […]
