Increasing Importance of Cold Chain Shipping
Growth Forces CryoPort To Bring Critical Staff Aboard To Advance Sales, Customer ServiceCryoPort, Inc. (OTCBB: CYRX), a provider of technology-driven transport and packaging systems focused on the low-temperature biotech shipping market and in the same basic industry as companies like Greif, Inc. (NYSE: GEF) and Silgan Holdings Inc. (Nasdaq: SLGN), has recently stepped up its marketing and customer service efforts with recent hires at the management level. The company is already well-advanced in market capture, having deals with major air and ground shippers.
Powering up the Team
CryoPort just announced recruitment of Mark Engelhart as SVP and Chief Commercial Officer to sharpen the firm’s marketing regime. Engelhart brings with him more than 28 years’ experience in the pharmaceutical, clinical development, and life sciences industries, including work for Bayer Pharmaceuticals, Abbott Labs, Covance, and Quest Diagnostics. The company website says that his work has covered a variety of commercial, product development, and general management roles.
Cindy Gick is the other addition, as VP Client Care and Development. Gick’s focus is to be on the company’s new initiative to establish 24×7 contact centers for customers worldwide. She arrives with more than 15 years of experience as a customer service executive and consultant and a was a principal of CG Consulting Services, partnering with firms like Allergan, Countrywide, Angels Baseball, and Taco Bell Corporation to develop strategic plans, build strong customer relationships, and high customer satisfaction. Gick had also been a director of call center technology for Viking Office Products.
Further solidifying the team are the additions of Tony Goffe and Damon Baca as Senior Directors of Sales. Tony Goffe was previously a training supervisor and strategic account sales manager for United Parcel Service in Seattle where his medical and life science clients were complemented by his prior experience in product development and management with biotechnology and life science companies, including Monsanto, Sepracor, and CellPro.
Damon Baca has more than 10 years of international sales and sales management experience. Most recently he was a global sales executive and supply chain specialist with FedEx Corporation in Sweden where his clients included AstraZeneca PLC, one of the world’s largest biopharmaceutical companies. Mr. Baca will be based in CryoPort’s San Diego headquarters.
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United Parcel Service (NYSE: UPS), which only guarantees a temperature of 6 degrees C using its current system of dry ice or gel packs, is currently in negotiations with CryoPort. Moreover, CryoPort's overall shipping system, besides saving the
In the next year, we will complete the delivery transformation in more than 700 offices or 50% of them.” Earlier this afternoon (Friday), the UK Government banned international parcel carrier UPS from screening air cargo at several sites across the UK.
By Lazard Capital Markets ($69.21, June 15, 2011) United Parcel Service's global division finished well and its export and import demand is better than stock-market sentiment. While it's not on the near-record pace of last year and with some slow areas
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