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Tag / Logistics

Panalpina and Saudi conglomerate Al Rushaid agree to joint venture

Panalpina and Saudi conglomerate Al Rushaid agree to joint venture

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.

Panalpina centralizes and expands Global Supply Chain Solutions offering

Panalpina centralizes and expands Global Supply Chain Solutions offering

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.

Prevention is better than cure

Prevention is better than cure

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.

More space for more opportunities in Prague

More space for more opportunities in Prague

News   •   Nov 06, 2017 13:30 GMT

​Panalpina has grown fast in Czechia the last few years. To keep pace with demand, the company decided to consolidate its three warehouses into one facility of almost 7000 m2 within the modern logistics center in Pavlov, close to Vaclav Havel Airport Prague. Moving to this strategic location allows Panalpina to distribute shipments to customers across Europe and the globe more efficiently.

Group profitability continues to increase in 2017

Group profitability continues to increase in 2017

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.

Smartphones: of rare earths, recharging and recycling

Smartphones: of rare earths, recharging and recycling

Blog posts   •   Oct 03, 2017 11:00 GMT

​How often do you change phones? When you do, do you stop to consider what is behind that piece of equipment that has become so essential to our lives? There is a whole "take, make and dispose” industrial model involved in making a smartphone, and it is extractive and non-sustainable – the circular economy.

Increased volumes and higher reported profits

Increased volumes and higher reported profits

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.

Speed to market

Speed to market

News   •   May 30, 2017 07:15 GMT

Last week, Lloyd’s Loading List reported on Panalpina’s pioneering Logistics Manufacturing Services (LMS). Panalpina first introduced LMS for the telecoms industry in Brazil in 2014 and soon afterwards expanded the offering to Panama and Dubai where a new state-of-the-art facility was officially opened in March 2017.

Shout it from the rooftop

Shout it from the rooftop

News   •   May 16, 2017 08:30 GMT

Panalpina is building a brand new logistics facility in Singapore. As the company celebrates 40 years of doing business in Singapore, this is the largest ever warehousing investment outside Europe in the company’s history. The building features a unique yard and container storage on the rooftop, state-of-the-art automation and air conditioning on all floors.

Panalpina expands footprint in Denmark

Panalpina expands footprint in Denmark

Press Releases   •   May 03, 2017 05:00 GMT

As part of its global growth strategy, Panalpina has acquired Carelog, a Danish freight forwarding and logistics company with a strong foothold in ocean freight and roots in the western part of Denmark. Carelog and Panalpina complement each other ideally in terms of geography, product strengths and customer mix.

Rallying behind the makerspace movement

Rallying behind the makerspace movement

Blog posts   •   Apr 24, 2017 12:00 GMT

How often have you taken your car to the garage for a simple repair only to have to wait days or weeks for a spare part to arrive? We have all experienced the frustration, but now the answer is easy: We can simply make the part when we need it. Well, it isn't quite so easy, hurdles remain, but today we're basically able to manufacture a product where and when we want it, thanks to the makerspace.

Panalpina reports higher volumes as margins remained under pressure

Panalpina reports higher volumes as margins remained under pressure

Press Releases   •   Apr 21, 2017 05:00 GMT

Financial results for the first quarter 2017 came in below the previous-year period for Panalpina. The company reported an EBIT of CHF 16.4 million (Q1 2016: CHF 24.0 million) and a consolidated profit of CHF 12.4 million (Q1 2016: CHF 17.3 million). Panalpina outperformed the air and ocean freight markets in terms of volume growth as margins remained under pressure.

“Der Zukunftsmacher"

“Der Zukunftsmacher"

News   •   Mar 27, 2017 14:30 GMT

There is no good word for “Zukunftsmacher” in English. “Zukunft” means future and a “Macher” is a doer, a maker. Put the two together, and you have someone who is shaping the future, the future of logistics that is: Mike Wilson. Mike, global head of Logistics and Manufacturing at Panalpina, was presented with the prestigious LEO Award by German trade publication DVZ on Friday evening in Hamburg.

Panalpina publishes integrated management report

Panalpina publishes integrated management report

Press Releases   •   Mar 16, 2017 16:30 GMT

Panalpina has published its first integrated management report, summarizing the company’s activities during 2016 in terms of business performance as well as sustainability.

 Panalpina opens new logistics manufacturing hub in Dubai South

Panalpina opens new logistics manufacturing hub in Dubai South

Press Releases   •   Mar 15, 2017 13:15 GMT

Today, in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Panalpina CEO Stefan Karlen officially opened the company’s new logistics manufacturing center in Dubai South. The 40,000 m2 facility will support circular supply chains and enable Panalpina to grow its logistics and freight forwarding business in the Middle East, Africa and CIS (MEAC) region.

Panalpina reports higher volumes and reduced profit for 2016

Panalpina reports higher volumes and reduced profit for 2016

Press Releases   •   Mar 02, 2017 06:00 GMT

While Panalpina recorded the highest Air Freight volumes since 2007, gross profit margins in both Air and Ocean Freight came under pressure in 2016. This resulted in lower full-year earnings for the international freight forwarding and logistics company. Adjusted for restructuring expenses of CHF 28 million, EBIT reached CHF 109.9 million and consolidated profit CHF 80.2 million in 2016.

Panalpina’s single warehouse management system key to growing business

Panalpina’s single warehouse management system key to growing business

Press Releases   •   Feb 14, 2017 08:00 GMT

Panalpina has reached a new milestone in the roll-out of its single warehouse management system JDA across all of its logistics facilities around the world. The 50th site went live with JDA WMS in France. Shortly before that, JDA WMS was implemented at facilities in the USA and Belgium. The sites in Newtown and Brussels are part of a global distribution network for the healthcare customer IBA.

The new world of manufacturing

The new world of manufacturing

Blog posts   •   Feb 07, 2017 14:00 GMT

​Manufacturing products in Asia and shipping them across the globe is no longer sustainable – neither from a competitive nor an environmental perspective. In the new world of manufacturing, take-make-dispose supply chains are morphing into distributed, circular and sustainable supply chains. The drivers behind this development are product modularization, the makerspace movement, and 3D printing.

The pinnacle of operational excellence

The pinnacle of operational excellence

News   •   Dec 28, 2016 10:05 GMT

Some gold medals are harder to get than others. Panalpina’s LogEx Gold is one of them. For LogEx Gold, you first have to earn LogEx Bronze – and then LogEx Silver. Only then can you reach LogEx Gold, the highest level of Panalpina’s Logistics Excellence Program. And that’s exactly what Panalpina Mexico succeeded in doing with the company’s Tres Rios 4 logistics facility north of Mexico City.

Panalpina sets ambitious CO2 emissions targets for 2025

Panalpina sets ambitious CO2 emissions targets for 2025

Press Releases   •   Dec 19, 2016 11:00 GMT

Following last year’s UN Climate Talks in Paris and as part of a global effort to mitigate climate change, Panalpina has delivered on its promise and set science-based emissions targets for the coming years. Panalpina is now one of 32 international companies to have such targets that have been approved by the Science Based Targets initiative.