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Tag / Logistics

Double-digit profitability growth for Panalpina

Double-digit profitability growth for Panalpina

Press Releases   •   Jul 17, 2018 05:00 GMT

Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF 29.9 million to CHF 36.1 million.

Panalpina opens new logistics center in Singapore

Panalpina opens new logistics center in Singapore

News   •   Jul 09, 2018 14:45 GMT

Panalpina has opened a new, purpose-built logistics center in Singapore. Strategically located at Pioneer View, the facility offers 25,800 m2 of usable warehouse space, a unique yard and container storage on the rooftop, state-of-the-art automation and air conditioning on all six floors.

Panalpina Digital Hub launched to promote innovation in freight forwarding and logistics

Panalpina Digital Hub launched to promote innovation in freight forwarding and logistics

Press Releases   •   Jun 26, 2018 08:05 GMT

Panalpina has launched the Panalpina Digital Hub to embrace new technologies including the Internet of Things (IoT), artificial intelligence (AI) and blockchain that have the potential to disrupt the business in the coming years. The new business unit is to explore innovative technologies, develop new digital solutions for customers, and engage with digital start-up companies.

Panalpina at the G7 value retention workshop in Montreal

Panalpina at the G7 value retention workshop in Montreal

Blog posts   •   Jun 22, 2018 15:00 GMT

Under the scope of Canada’s G7 Presidency in 2018, and following the group leaders’ summit in Charlevoix earlier this month, Panalpina was invited to participate with a supply chain perspective in the G7 value retention policies workshop on advancing remanufacturing, refurbishment, repair and direct reuse. The event was held at the Panoramic Hall of the Montreal Science Centre on 21-22 June.

Panalpina joins Blockchain in Transport Alliance – BiTA

Panalpina joins Blockchain in Transport Alliance – BiTA

Press Releases   •   May 22, 2018 12:00 GMT

Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry. The company sees many advantages of blockchain technology for freight forwarding and logistics operations in general, but also for specific areas such as perishables in particular.

Panalpina improves profitability

Panalpina improves profitability

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

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.

Panalpina publishes second integrated management report

Panalpina publishes second integrated management report

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.

Panalpina reports record year in Air Freight

Panalpina reports record year in Air Freight

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.

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.