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Multimodal heavy-lift moves: Panalpina offers hassle-free carrier solution

Multimodal heavy-lift moves: Panalpina offers hassle-free carrier solution

Press Releases   •   Aug 24, 2017 14:00 GMT

Panalpina has launched Panprojects Carrier. With the new carrier model Panalpina can oversee multimodal heavy-lift moves from fabrication to installation sites under one single contract that clearly governs all modes of transport. The legal framework reduces to an absolute minimum the commercial, technical and contractual risks that are inherent to the multimodal transport of project cargo.

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.

Panalpina rolls out new IT platform in Germany

Panalpina rolls out new IT platform in Germany

Press Releases   •   Jun 12, 2017 15:45 GMT

Panalpina continues to upgrade its new operational IT platform and is in the middle of its roll-out in Germany. Ocean Freight is currently the prime focus and will be followed by Air Freight. Germany is already handling the highest number of transactions on the new platform. Panalpina’s new transport management system will secure significant operational benefits.

Annual general meeting 2017 approves all board proposals

Annual general meeting 2017 approves all board proposals

Press Releases   •   May 03, 2017 16:15 GMT

At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 3, 2017, 60.01% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Dirk Reich was confirmed as a new member of the board of directors.

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.

Panalpina to acquire Kenyan freight forwarder specialized in perishables

Panalpina to acquire Kenyan freight forwarder specialized in perishables

Press Releases   •   May 02, 2017 20:30 GMT

International freight forwarding and logistics company Panalpina is to acquire Air Connection, a Kenya-based forwarder specialized in the export of flowers and vegetables. The move comes after Panalpina’s acquisition of Airflo in Kenya in 2016 and only two weeks after the company formally announced the launch of its global Perishables Network.

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.

Panalpina Perishables Network launched with ambitious growth plans

Panalpina Perishables Network launched with ambitious growth plans

Press Releases   •   Apr 20, 2017 13:15 GMT

The worldwide transport of perishables constitutes a huge market where Panalpina is aiming to become the market leader. By 2020 the company aims to be the preferred global supplier of perishables logistics. The success factors for this accelerated push into perishables are the company’s global coverage, dedicated perishables experts in key markets and the unique Panalpina Charter Network.

Panalpina’s new IT Center of Excellence in Lisbon to act as business enabler

Panalpina’s new IT Center of Excellence in Lisbon to act as business enabler

Press Releases   •   Apr 06, 2017 12:00 GMT

In the heart of Portugal’s capital, Lisbon, Panalpina has opened a new IT Center of Excellence where a growing number of highly qualified software engineers and other IT specialists are developing business critical IT solutions for customers of the international freight forwarding and logistics company.

New member proposed for Panalpina’s Board of Directors

New member proposed for Panalpina’s Board of Directors

Press Releases   •   Mar 29, 2017 05:00 GMT

​Panalpina’s board of directors proposes to elect Dirk Reich as a new member of the board at the Annual General Meeting on May 3, 2017. He would succeed Roger Schmid, who will not stand for re-election.

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.

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.

A charter for Chad – Panalpina donates UNICEF relief flight

A charter for Chad – Panalpina donates UNICEF relief flight

Press Releases   •   Dec 08, 2016 08:30 GMT

For the fourth consecutive year, UNICEF and Panalpina have joined forces to fly relief goods to an African country where population movements, food insecurity, malnutrition and natural disasters have led to a health emergency and precarious humanitarian situation. In the morning hours, a Panalpina chartered cargo aircraft landed in Chad with more than 80 tons of life-saving goods on board.

Stable profits in a challenging market environment

Stable profits in a challenging market environment

Press Releases   •   Oct 25, 2016 05:00 GMT

In the first nine months of 2016, Panalpina recorded a slight increase of EBIT and consolidated profit (adjusted for one-offs). EBIT reached CHF 93.6 million and the consolidated profit CHF 72.6 million. Against the backdrop of receding markets in air and ocean freight, volumes increased by 9% in Air Freight but decreased by 9% in Ocean Freight. Logistics continued positively on the EBIT level.

Panalpina opens new Logistics Manufacturing Research Centre with Cardiff Business School

Panalpina opens new Logistics Manufacturing Research Centre with Cardiff Business School

Press Releases   •   Oct 12, 2016 12:00 GMT

Panalpina and Cardiff Business School have strengthened their partnership with the launch of a new Logistics Manufacturing Research Centre. The center will conduct leading research into the fields of distributed manufacturing, 3D printing, the circular economy and the impact of digital manufacturing on global supply chains. The new center has already secured its first research grant.

Panalpina and Shapeways enter into strategic partnership for 3D printing

Panalpina and Shapeways enter into strategic partnership for 3D printing

Press Releases   •   Jul 26, 2016 12:00 GMT

Panalpina and 3D printing company Shapeways have entered into a strategic partnership which will enable both companies to expand their digital manufacturing capabilities globally. Panalpina sees digital manufacturing and 3D printing as a perfect complement to its Logistics Manufacturing Services offering, giving customers the possibility to customize products and bring production closer to demand.

Organic growth offsets contracting oil and gas business

Organic growth offsets contracting oil and gas business

Press Releases   •   Jul 20, 2016 05:00 GMT

In the first half of 2016, Panalpina demonstrated that it can compensate for contracting oil and gas business with organic growth in other sectors even as air and ocean freight markets declined. Adjusted for an oil and gas related restructuring provision, EBIT remained stable at CHF 60.8 million and consolidated profit increased slightly to CHF 47.9 million for the first six months of the year.