THE puerto Rico Life Sciences Air Cargo Community is reporting steady growth of life sciences exports and has attracted new cargo capacity, according to figures provided by air cargo consulting, data and software specialist, Rotate.
Healthcare exports from the island are up eight per cent and commercial capacity is also up, based on information from Rotate, which partners with the Community to provide an online dashboard tracking cargo movements to and from Puerto Rico.
Air cargo capacity on flights to Europe increased by 22 per cent, while capacity on routes to South America was up 35 per cent on last year.
The data shows a lower dependence on integrator capacity, down two per cent on 2023 to 64 per cent, while overall integrator capacity remained stable, reports London's Air Cargo News.
'The Rotate report offers essential insights into Puerto Rico's air cargo landscape, providing our logistics community with the knowledge needed to stay informed and understand the dynamics of life sciences cargo movement,' said Varlin Vissepo, executive director and chairman of the Puerto Rico Life Sciences Air Cargo Community, launched last year.
'We deeply value the strong support from the Department of Economic Development and Commerce (DEDC), which has been instrumental in advancing our shared initiatives. Together, we are making significant strides in positioning Puerto Rico as a key player in global life sciences logistics.'
Manuel Cidre, secretary of the DEDC, said: 'The Rotate report is a testament to the significant progress made in establishing Puerto Rico as a premier life sciences air freight hub in the Americas.'
'The Department of Economic Development and Commerce is proud to support the Puerto Rico Life Sciences Air Cargo Community in its efforts to expand life sciences exports and attract new air cargo capacity.
'Our collaborative initiatives - including the IATA CEIV certification programme, the development of a comprehensive industry dashboard, and incentives to enhance climate-controlled warehousing - have been instrumental in driving these positive results. The data clearly demonstrates that Puerto Rico is on the right path to becoming a global leader in life sciences logistics.'
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Healthcare exports from the island are up eight per cent and commercial capacity is also up, based on information from Rotate, which partners with the Community to provide an online dashboard tracking cargo movements to and from Puerto Rico.
Air cargo capacity on flights to Europe increased by 22 per cent, while capacity on routes to South America was up 35 per cent on last year.
The data shows a lower dependence on integrator capacity, down two per cent on 2023 to 64 per cent, while overall integrator capacity remained stable, reports London's Air Cargo News.
'The Rotate report offers essential insights into Puerto Rico's air cargo landscape, providing our logistics community with the knowledge needed to stay informed and understand the dynamics of life sciences cargo movement,' said Varlin Vissepo, executive director and chairman of the Puerto Rico Life Sciences Air Cargo Community, launched last year.
'We deeply value the strong support from the Department of Economic Development and Commerce (DEDC), which has been instrumental in advancing our shared initiatives. Together, we are making significant strides in positioning Puerto Rico as a key player in global life sciences logistics.'
Manuel Cidre, secretary of the DEDC, said: 'The Rotate report is a testament to the significant progress made in establishing Puerto Rico as a premier life sciences air freight hub in the Americas.'
'The Department of Economic Development and Commerce is proud to support the Puerto Rico Life Sciences Air Cargo Community in its efforts to expand life sciences exports and attract new air cargo capacity.
'Our collaborative initiatives - including the IATA CEIV certification programme, the development of a comprehensive industry dashboard, and incentives to enhance climate-controlled warehousing - have been instrumental in driving these positive results. The data clearly demonstrates that Puerto Rico is on the right path to becoming a global leader in life sciences logistics.'
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