Vaccine is inexact bonus for freight and freezers
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Friday
February 03, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
FRIDAY, FEBRUARY 03, 2023
Vaccine is inexact bonus for freight and freezers

Global Economy

Reuters
14 November, 2020, 11:15 am
Last modified: 14 November, 2020, 12:16 pm

Related News

  • Rally, scientific seminar to prevent cervical cancer held at Labaid Hospital
  • Updated Covid vaccines prevented illness from latest variants -CDC
  • Vaccine misinformation spawns 'pure blood' movement
  • Incepta Pharma abandons Covid vaccine plan
  • World renowned Vaccinologist Professor Dame Sarah Gilbert visits Incepta Pharma

Vaccine is inexact bonus for freight and freezers

If people need regular booster shots, then super-cold freezers and freight could be a new growth industry

Reuters
14 November, 2020, 11:15 am
Last modified: 14 November, 2020, 12:16 pm
A worker passes a line of freezers holding coronavirus disease (Covid-19) vaccine candidate BNT162b2 at a Pfizer facility in Puurs, Belgium in an undated photograph. Pfizer/Handout via REUTERS
A worker passes a line of freezers holding coronavirus disease (Covid-19) vaccine candidate BNT162b2 at a Pfizer facility in Puurs, Belgium in an undated photograph. Pfizer/Handout via REUTERS

Every challenge is also a business opportunity. Rolling out a potential Covid-19 vaccine is no exception. The shots developed by US drugmaker Pfizer and its German partner BioNTech, which clinical trials have shown to be highly effective at preventing coronavirus, must be transported and stored at temperatures of minus-70 degrees Celsius or below. The daunting task for authorities eager to quickly deliver billions of doses across the world is a potential boon for those making freezers and handling freight.

Authorities have overcome a similar conundrum before. The vaccine developed to fight the Ebola epidemic also required storage at ultra-low temperatures, yet doctors managed to successfully deploy it in multiple African countries.

The challenge of preventing Covid-19 is much larger, however.

DHL, the logistics arm of Deutsche Post, reckons the world will handle about 10 billion doses of various coronavirus vaccines by the end of 2021. An estimated 3 billion of these will use the novel messenger RNA technology that requires ultra-cold storage. Transporting the entire load could involve 15,000 flights and 15 million special cooling boxes.

This medical mission represents a windfall for companies involved in storing and delivering the vaccine.

Companies that make super-cold freezers started to prepare months back. Thermo King, an American cold transport pioneer which is part of $34 billion Trane Technologies, has enhanced its super-freezers to safely move the Covid-19 vials by truck from airports to hospitals.

Makers of gases for extreme cold conditions and dry ice could also see extra demand for their products. Shares in France's Air Liquide's are up 10% this month; rival Linde has gained 16%.

Freight companies are another piece of the vaccine puzzle.

Kuehne+Nagel, the $25 billion Swiss logistics group, said in September it had opened two temperature-controlled facilities in Brussels and Johannesburg in anticipation of the increased demand for vaccine distribution.

DHL, which has some 9,000 staff trained to deal with sensitive medical transport, and rivals FedEx and United Parcel Service are also limbering up.

The trickiest question to answer is how long the rush will last.

If one or two jabs provide permanent immunity from Covid-19, then the delivery challenge – like the vaccine itself – will be a one-off. If people need regular booster shots, then super-cold freezers and freight could be a new growth industry.

Top News / World+Biz

Freezer / Coronavirus Vaccine / Vaccine / covid-19 vaccine / Pfizer Covid-19 Vaccine / Pfizer coronavirus vaccine / BioNTech-Pfizer vaccine / BionTech Covid-19 Vaccine / Vaccine storage

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • International Monetary Fund logo : AP via UNB
    IMF sets time-bound reform agenda as it releases first tranche of loan
  • Shipped Bhola gas to cost higher, yet cheaper than spot LNG
    Shipped Bhola gas to cost higher, yet cheaper than spot LNG
  • January exports rise nearly 6% riding on high-value RMG items
    January exports rise nearly 6% riding on high-value RMG items

MOST VIEWED

  • FILE PHOTO: Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in the western Indian city of Ahmedabad April 2, 2014. Picture taken April 2, 2014. REUTERS/Amit Dave/File Photo
    Adani's adversity raises the stakes for India and investors
  • Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen
    Adani market meltdown baffles India
  • FILE PHOTO: A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas
    Indian shares struggle for direction as Adani rout deepens
  • Photo: Collected
    Adani calls off share sale: What is an FPO? How is it different from IPO?
  • MPs of like-minded opposition parties in a meeting at Leader of Opposition Mallikarjun Kharge's chamber in Parliament House during Budget Session, in New Delhi, Thursday, Feb. 2, 2023. Photo: Collected
    Adani crisis: Oppn seeks probe into LIC, banks exposure ‘endangering savings’
  • Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen
    Gautam Adani speaks about turmoil for first time after scrapping share sale

Related News

  • Rally, scientific seminar to prevent cervical cancer held at Labaid Hospital
  • Updated Covid vaccines prevented illness from latest variants -CDC
  • Vaccine misinformation spawns 'pure blood' movement
  • Incepta Pharma abandons Covid vaccine plan
  • World renowned Vaccinologist Professor Dame Sarah Gilbert visits Incepta Pharma

Features

Six Jeep Wranglers and a special XJ Jeep Cherokee set out into the depths of Lalakhal, Sylhet for an experience of a lifetime. Photo: Ahbaar Mohammad

Jeep Life Bangladesh: A club for Jeep owners to harness the power of their vehicles

19h | Wheels
While the Padma bridge in operation is changing the lives of millions in the south for the better, passenger rush to Shimulia ghat died down. Photo: Masum Billah

How are the Shimulia ghat businesses faring after Padma bridge?

21h | Panorama
After so many investments going embarrassingly wrong, as was the case with Sam Bankman-Fried, perhaps tech investors’ preference for less experience will wane. Photo: Bloomberg

Are you the next Steve Jobs? Good luck raising money in 2023

21h | Panorama
An elderly couple's lonely battle to save Dhaka's trees

An elderly couple's lonely battle to save Dhaka's trees

1d | Panorama

More Videos from TBS

A proper price formula can help investors to plan big

A proper price formula can help investors to plan big

11h | TBS Round Table
Rumors about Sarika that everyone thinks are true

Rumors about Sarika that everyone thinks are true

9h | TBS Entertainment
Mugging rife in Tejgaon, murder in Wari

Mugging rife in Tejgaon, murder in Wari

12h | TBS Current Affairs
What secrets are hidden behind Adani's wealth?

What secrets are hidden behind Adani's wealth?

10h | TBS Stories

Most Read

1
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

2
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

3
Photo: Collected
Energy

8 Ctg power plants out of production

4
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

5
Photo: Collected
Court

Japanese mother gets guardianship of daughters, free to leave country

6
Fund cut as Dhaka's fast-track transit projects on slow spending lane
Infrastructure

Fund cut as Dhaka's fast-track transit projects on slow spending lane

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]