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As economies around the world are suffering from the impact of Covid-19, businesses are experiencing losses, workers are without jobs, and many face the challenge of a complete upheaval of lifestyle. However, pharmaceutical companies are taking center stage in the Covid-19 fight, and one of these is a Korean conglomerate, SK Group, is seeing growth on the stock market and a new burst of innovation in the infectious disease landscape as the race for treatment approval for a Covid-19 therapy takes off.
SK Group, the 2nd largest group in Korea after Samsung with an annual revenue of $213.6B in 2018, has two arms of pharmaceutical subsidiaries, SK Pharmteco, the pharmaceutical intermediate, and API manufacturer & SK Biopharmaceuticals, the new drug development.
With support from JAS APAC & JAS Worldwide, JAS Korea has become a contracted freight forwarding business partner for SK Biotek as of last December, then after months of implementation period, JAS has been handling various types of Pharmaceutical export shipments by Air & Ocean to additional International Pharmaceutical companies in Europe.
Due to the nature of the cargo, pharmaceutical products, they must be mostly carried by air freight, using special equipment such as dry ice gel/ ice pack, cool/ reefer truck, temperature-controlled storage, and even RKNs which require thorough knowledge and experience to handle such a commodity properly and in a timely manner.
The RKN e1 is a one pallet size container, based on a second-generation active temperature control system and utilizes compressor cooling and electric heating technology, to meet the requirements of the pharmaceutical industry for smaller air shipments.
The RKN e1 container maintains product temperatures in the +2 to +8 °C range, controlled room temperature (+15 to +25 °C) range, JAS Korea has successfully arranged 11 RKN e1 for its door to door delivery to a Spanish Pharmaceutical consignee with Dap term in March, when the Pandemic was in the peak.
SK Pharmteco’s subsidiary, AMPAC is one of the strategic partners to a U.S. public benefit drug manufacturing corporation, which recently received federal government funding of $354 million for advanced manufacturing of America’s most essential medicines at risk of shortage, including those for the COVID-19 response. With its strategic partners, it has initiated manufacturing chemical precursor ingredients, active pharmaceutical ingredients (APIs), and finished dosage forms for over a dozen essential medicines to treat hospitalized patients with COVID-19-related illnesses.
SK Biotek will supply pharmaceutical intermediates to AMPAC and has appointed JAS Korea as the logistics provider for this project. The 1st air shipment was exported to AMPAC in California, USA by suing 5 x RKN e 1 in close cooperation with JAS San Francisco on June 15th, all 5 x RKNs were successfully delivered to AMPAC on the next day. After the ingredient’s analysis main orders will be placed shortly and JAS will continue to handle this business. Next opportunity will be export business out of AMPAC to overseas with the finished products.
JAS Korea is continuing to expand their reputation as the perfect solution for the transportation of pharmaceutical products in the market with these continued efforts excellent team-work. We are sure JAS will be leading the market in a near future.
ATLANTA, February 20, 2025 – JAS, a global leader in logistics and supply chain solutions, has successfully completed its acquisition International Airfreight Associates B.V. ("IAA"), a specialized provider of Air, Ocean and Road Freight services headquartered in the Netherlands. This milestone follows the signing of the Share Purchase Agreement (SPA) announced in December 2024 and marks the official integration of IAA into the JAS network.
"The acquisition of IAA strengthens the JAS global logistics portfolio and access to key markets, particularly in the time-critical perishable goods sector," said Marco Rebuffi, CEO and President of JAS. "We are proud to welcome IAA's talented highly experienced team to JAS and are looking forward to delivering excellent service to our customers together."
Jur de Graaf, Managing Director of International Airfreight Associates, added, "Joining JAS allows us to expand our services globally and continue delivering high-quality logistics solutions for our customers. We are confident that our partnership will create new opportunities for our employees, partners and clients.”
IAA is one of the top 3 IATA forwarders at Amsterdam Schiphol Airport with Warehouses and Operations in the Netherlands, Belgium and Germany. IAA specializes in managing time-sensitive perishable fresh goods and livestock shipments as well as multimodal general cargo.
The acquisition strengthens JAS global service portfolio by enhancing the footprint in the European logistics market and beyond. Together, JAS and IAA teams will drive customer value through expanded service offerings, operational excellence, and an even broader global network.
About JAS
JAS, a global leader in logistics and supply chain solutions, was founded in Milan, Italy, in 1978. Headquartered in Atlanta, Georgia, and supported by 7,000+ team members in more than 100 countries, JAS focuses on creating solutions that are innovative, sustainable, and tailored to customer needs. As a privately owned company, JAS is committed to creating opportunities for communities, customers, and colleagues to thrive.
About International Airfreight Associates B.V.
International Airfreight Associates B.V. ("IAA") is a specialized provider of Air, Ocean and Road Freight services headquartered in the Netherlands. With nearly 100 employees and strategic locations and operations including Amsterdam, Aalsmeer, Rotterdam, and Frankfurt, the company specializes in moving fresh perishable goods, livestock and multimodal supply chain solutions for a diverse range of clients.
On January 24, 2025, industry leaders gathered at the Renaissance Warsaw Airport Hotel to celebrate a year of collaboration with Lufthansa Cargo.
The evening brought together key partners to reflect on past achievements, discuss future opportunities, and recognize outstanding performance across the logistics sector.
JAS Poland had a standout night, earning three awards for exceptional performance in 2024:
The event featured an inspiring speech by Ashwin Bhat, CEO of Lufthansa Cargo AG, and a panel discussion on the evolving landscape of e-commerce. The awards gala was a testament to the strong partnerships and shared success within the industry.
A heartfelt thank you to Lufthansa Cargo for their continued trust and collaboration. Here’s to another year of reaching new heights!
The European Union's Sustainable Aviation Fuel (SAF) mandate is set to reshape the aviation industry, requiring airlines to incorporate a minimum of 2% SAF in their fuel mix starting in 2025. This regulation represents a major step toward reducing carbon emissions, but it also brings substantial cost challenges for carriers operating across Europe.
Impact on Freight Costs and Sustainability Surcharges
The implementation of the SAF mandate is driving up operational costs for airlines, directly influencing freight rates. To offset these additional expenses, airlines are introducing mandatory sustainability surcharges on shipments departing from or transiting through European airports. While this presents immediate financial challenges, it also serves as a catalyst for innovation and investment in alternative fuels, paving the way for a more sustainable aviation sector.
Balancing Cost and Sustainability
As airlines adapt to these regulatory changes, they must navigate the delicate balance between cost management and environmental responsibility. The evolution of SAF production, along with advancements in supply chain logistics, will play a critical role in determining how efficiently the industry can meet these mandates. Collaboration between fuel suppliers, airlines, and logistics partners will be essential to ensuring a smooth transition.
Stay Informed with JAS
To help our customers understand the implications of this new regulation, we invite you to download HERE the JAS One-Pager on the ReFuelEU Aviation Regulation. This resource provides a clear and user-friendly overview of the changes and their impact on airfreight logistics. Additionally, you can visit the ReFuelEU Aviation Regulation website for further details (ReFuelEU Aviation Regulation website )
At JAS, we are committed to clear and transparent communication regarding regulatory changes affecting global supply chains. If you have any questions or concerns, please do not hesitate to contact your nearest JAS representative for more information and tailored support.
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