Tag / Logistics
Press Releases • Apr 19, 2018 05:00 GMT
In the first three months of 2018, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 24.4 million (YTD 2017: CHF 16.4 million) and a consolidated profit of CHF 16.6 million (YTD 2017: CHF 12.4 million).
World Remanufacturing Day: celebrating the commercial and environmental benefits of the circular economy
News • Apr 12, 2018 10:20 GMT
If rockets can be reused, then a lot of other things should be too! Today is World Remanufacturing Day. Remanufacturing and the circular economy go hand in hand and Panalpina helps its customers make the transition to circular supply chains in multiple industries; remanufacturing mobile phones, repairing telecoms equipment, repacking fashion products and screening and testing optical equipment.
Press Releases • Mar 21, 2018 15:30 GMT
Panalpina has published its second integrated management report, summarizing the company’s activities during 2017 in terms of business performance and sustainability.
Press Releases • Mar 07, 2018 06:00 GMT
Panalpina ended the year 2017 with strong Air Freight volumes and margins, while in the fourth quarter margin pressure continued to impact the financial results in Ocean Freight. For the full year, Panalpina’s reported EBIT increased from CHF 82.0 million to CHF 103.3 million and the reported consolidated profit increased from CHF 52.3 million to CHF 57.5 million.
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 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 • 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 • 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.