Tag / Air Freight
Press Releases • Dec 21, 2017 12:00 GMT
Al Rushaid is one of Saudi Aramco’s main suppliers and a large Saudi conglomerate which provides services through partnerships in many different industries including oil and gas, manufacturing and construction. Pending regulatory approval, Panalpina will be tasked with managing the logistical aspects of Al Rushaid’s subsidiaries and joint ventures.
Press Releases • Dec 19, 2017 06:00 GMT
Panalpina is to acquire the Belgian companies Adelantex and AD Handling, specialized in the handling of perishables imports in Brussels, Liège and Ostend. The move follows similar acquisitions in Germany and the Netherlands earlier this year. This latest transaction involving Belgium’s market leader will further strengthen the Panalpina Perishables Network and the company’s end-to-end offering.
Press Releases • Dec 18, 2017 08:30 GMT
Panalpina once again assisted UNICEF by flying relief aid to Africa, this time to help children suffering in South Sudan. The country’s humanitarian crisis is a culmination of years of civil war compounded by famine and disease. A Panalpina chartered cargo aircraft landed in neighboring Uganda, carrying nearly 80 tons of supplies.
Press Releases • Dec 13, 2017 13:45 GMT
As part of its growth strategy, Panalpina has centralized its Supply Chain Solutions offering with plans to expand the existing team of experts and further invest in technology and infrastructure. Panalpina’s customers from across multiple industries will benefit from solutions that manage their supply chains from end-to-end and offer greater flexibility, customization, and visibility.
News • Dec 08, 2017 11:22 GMT
2017 has been an exceptional year for air freight. The market has developed a new dynamic characterized by tight transport capacity and high freight rates. Panalpina’s early prediction of a very busy peak season in the last quarter turned out to be correct. In October, Panalpina recorded its highest ever monthly Air Freight volumes, a record that was beaten only one month later in November.
News • Nov 23, 2017 09:30 GMT
In an increasingly digital and automated freight forwarding environment, Panalpina is using Validaide, an open online platform it has co-developed, to qualify its key suppliers. The recently launched tool is already live in the first Panalpina business units, with all the remaining business units scheduled to go live by the end of the first quarter of 2018.
News • Oct 27, 2017 08:15 GMT
With the air freight peak season picking up, the skies are getting busier by the hour. Already in September, Panalpina’s global head of Air Freight, Lucas Kuehner, in an interview singled out HKG to LAX as one key lane where capacity would get even tighter. One month later, the scenario is a reality: “We are running at full capacity but will always find a solution for our customers."
Press Releases • Oct 19, 2017 05:00 GMT
In the first nine months of 2017, Panalpina grew volumes in both Air and Ocean Freight compared to the same period of last year. As the year progressed, group gross profit as well as EBIT increased with every quarter. Year-on-year, Panalpina’s reported EBIT increased from CHF 67.5 million to CHF 72.1 million and the reported consolidated profit increased from CHF 46.5 million to CHF 48.4 million.
Press Releases • Sep 29, 2017 05:00 GMT
Panalpina is expanding its Perishables Network into Germany. Panalpina has entered into an agreement with the Cool Chain Group, Germany (CCG), taking over business and a team that is specialized in international air freight and the import of perishables. The deal will further strengthen the Panalpina Perishables Network in Europe and the company’s global end-to-end offering for fresh produce.
Press Releases • Sep 28, 2017 05:00 GMT
Panalpina is to acquire the Dutch company Interfresh Airfreight Handling. Interfresh specializes in the customs clearance and last-mile distribution of imported perishables from Africa, Asia-Pacific and Latin America. With this acquisition, Panalpina takes another significant step in building its global Perishables Network and offering complete end-to-end solutions on a global scale.
News • Sep 26, 2017 15:26 GMT
24 hours can seem endless when a hurricane passes over you. The people of Saint Martin had to live through this experience on Wednesday, September 6, as Hurricane Irma battered the Caribbean island causing widespread devastation. The category 5 storm left the island’s residents isolated and in desperate need for aid, and Panalpina was called to help.
News • Sep 13, 2017 12:00 GMT
Panalpina has recently helped Cabot Corporation, a leading global performance materials and specialty chemicals company based in the USA, to deliver around 260 tons of carbon black from its production facility in Italy to the end customer’s tire-manufacturing plant in Thailand within eight days.
Blog posts • Sep 08, 2017 10:00 GMT
Every two years for the past three decades, the World Solar Challenge has welcomed some of the world’s brightest young minds to push the boundaries of technology and travel through the Australian outback in a solar-powered vehicle.
Blog posts • Aug 28, 2017 09:00 GMT
We cherish perishables. And so does a growing number of consumers in all corners of the world. Consumers increasingly seek quality fruits, vegetables and other fresh foods like seafood. To meet this rising demand, local producers are stepping in, many of them in places you would not expect. Here are five countries showing a fresh ambition when it comes to exporting produce.
News • Aug 23, 2017 15:00 GMT
Panalpina’s hub at Luxembourg Airport has been officially licensed by Certisys to handle organic fruits and vegetables. With Luxembourg (Certisys) and Amsterdam (SKAL), Panalpina now has two airport locations in Europe that are licensed for the handling of organic perishables. Both are directly connected to the tarmac, ensuring the shortest possible route between aircraft and transit storage.
News • Aug 16, 2017 14:45 GMT
In an interview with Air Cargo Week, Panalpina’s Conrad Archer and Colin Wells elaborated on the perishables peak season ahead, rising demand in Asia Pacific and China in particular, the renaissance of fruit and vegetables in Kenya and elsewhere, and Panalpina’s investments. They also addressed the trend of direct shipments and e-commerce, as well as Qatar’s appetite for Kenyan mangoes.
News • Aug 08, 2017 09:15 GMT
Panalpina has gained its largest award with a specific oil and gas major to date. The company was awarded with a long-term contract to manage transportation for a gas project in Iraq. The contract will run over a minimum of five years and involve high air and LCL (less than container load) ocean freight volumes. Work has already begun.
News • Jul 27, 2017 13:45 GMT
The summer period is usually a calmer time for air freight – but not this year. The strong market development with high volumes will likely continue for the rest of the year, further widening the gap between demand and supply. “The challenges are manifold, but we haven taken action to secure extra capacities to meet the growing demand,” says Marc van Dommele, regional head of Air Freight Europe.
Press Releases • Jul 20, 2017 05:00 GMT
Panalpina recorded robust volume growth in both Air and Ocean Freight in the first half-year of 2017. As higher freight rates and margin pressure persisted, Panalpina increased its reported EBIT from 34.7 million (adjusted half-year 2016: CHF 60.8 million) to CHF 42.0 million and the reported consolidated profit from CHF 21.8 million (adjusted HY 2016: 47.9 million) to CHF 29.9 million.