DHL now full owner of joint-venture end-to-end cold chain provider

DHL Global Forwarding, the air and sea freight specialist within the Deutsche Post DHL Group, and Lufthansa Cargo have changed the ownership of their 50/50 joint venture LifeConEx. The end-to-end life sciences cold chain logistics provider is now a 100% DHL subsidiary. According to Roger Crook, CEO of DHL Global Forwarding and Freight, since it started in 2005, the joint-venture has become the global leader in its niche market by integrating all parties in the cold supply chain utilising advanced industry knowledge and systems. DHL will utilize its global presence to leverage LifeConEx’s capabilities and expand its cold chain services, he added. While furthering its cooperation with Lufthansa, DHL will also maintain LifeConEx's neutrality in carriers, forwarders and packaging providers. Lufthansa Cargo we will now continue to focus on the airport-to-airport business and aims to further expand the segment for temperature-controlled shipments – amongst other things by developing its international pharma hubs, according to Dr. Andreas Otto, board member of Lufthansa Cargo.