financetom
Business
financetom
/
Business
/
Lufthansa air freight unit sees hike in drug shipments to the US
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lufthansa air freight unit sees hike in drug shipments to the US
Mar 28, 2025 6:38 AM

DUESSELDORF, March 28 (Reuters) - German airline

Lufthansa's air freight business said on Friday it is

experiencing an increase in demand for pharmaceutical shipments

to the United States as drugmakers speed up shipments ahead of

potential import tariff increases.

"Some large pharmaceutical companies with production sites

in Europe are increasing their production and accelerating

shipments to the USA, primarily due to the potential tariff

increases for pharmaceutical products from the EU," Lufthansa

Cargo said in a statement.

Earlier this week executives and logistics firms told

Reuters that some drugmakers are taking the unusual step of

sending more medicines by air to the U.S.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Progressive Insider Sold Shares Worth $1,697,099, According to a Recent SEC Filing
Progressive Insider Sold Shares Worth $1,697,099, According to a Recent SEC Filing
Jul 25, 2024
03:42 AM EDT, 07/25/2024 (MT Newswires) -- Patrick K Callahan, Personal Lines President, on July 22, 2024, sold 7,930 shares in Progressive (PGR) for $1,697,099. Following the Form 4 filing with the SEC, Callahan has control over a total of 30,582 shares of the company, with 30,582 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/80661/000112760224020928/xslF345X03/form4.xml Price: 214.15, Change: -1.29, Percent Change: -0.60...
Commerce Bancshares Insider Sold Shares Worth $1,249,334, According to a Recent SEC Filing
Commerce Bancshares Insider Sold Shares Worth $1,249,334, According to a Recent SEC Filing
Jul 25, 2024
03:39 AM EDT, 07/25/2024 (MT Newswires) -- Jonathan M Kemper, Director, on July 22, 2024, sold 19,626 shares in Commerce Bancshares ( CBSH ) for $1,249,334. Following the Form 4 filing with the SEC, Kemper has control over a total of 1,632,156 shares of the company, with 997,112 shares held directly and 635,044 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/22356/000112760224020944/xslF345X03/form4.xml ...
Oceaneering International Q2 Adjusted Earnings, Revenue Rise; Tightens 2024 Net Income Outlook
Oceaneering International Q2 Adjusted Earnings, Revenue Rise; Tightens 2024 Net Income Outlook
Jul 25, 2024
03:46 AM EDT, 07/25/2024 (MT Newswires) -- Oceaneering International ( OII ) late Wednesday reported Q2 adjusted earnings of $0.28 per diluted share, up from $0.18 a year earlier. Four analysts polled by Capital IQ expected $0.31. Revenue for the quarter ended June 30 was $668.8 million, up from $597.9 million a year earlier. Four analysts surveyed by Capital IQ...
Progressive Insider Sold Shares Worth $1,686,827, According to a Recent SEC Filing
Progressive Insider Sold Shares Worth $1,686,827, According to a Recent SEC Filing
Jul 25, 2024
03:43 AM EDT, 07/25/2024 (MT Newswires) -- Karen Bailo, Commercial Lines President, on July 22, 2024, sold 7,882 shares in Progressive (PGR) for $1,686,827. Following the Form 4 filing with the SEC, Bailo has control over a total of 32,343 shares of the company, with 32,343 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/80661/000112760224020922/xslF345X03/form4.xml Price: 214.15, Change: -1.29, Percent Change: -0.60 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved