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Tag / Stefan Karlen

Panalpina improves profitability by 15%

Panalpina improves profitability by 15%

Press Releases   •   Apr 17, 2019 05:00 GMT

In the first three months of 2019, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF 16.6 million).

Panalpina pushing for accelerated growth after a successful 2018

Panalpina pushing for accelerated growth after a successful 2018

Press Releases   •   Feb 28, 2019 06:00 GMT

Panalpina ended the year 2018 with a historic record in Air Freight volumes, a recovering Ocean Freight product and solid profitability in Logistics. For the full year, Panalpina’s reported EBIT increased from CHF 103.3 million to CHF 118.4 million (+15%) and the reported consolidated profit increased from CHF 57.5 million to CHF 75.7 million (+32%).

Panalpina joins Cargo sous terrain initiative aimed at revolutionizing logistics

Panalpina joins Cargo sous terrain initiative aimed at revolutionizing logistics

News   •   Feb 26, 2019 11:00 GMT

Panalpina is pleased to join Cargo sous terrain (CST), the Swiss-led consortium set to transform logistics and propel the industry into digitalization. As a shareholder, Panalpina will seek representation on the CST supervisory board and adopt a leading role in developing the CST logistics system and sharing expert know-how.

Panalpina launches industry-leading customer portal

Panalpina launches industry-leading customer portal

Press Releases   •   Feb 20, 2019 10:45 GMT

Panalpina announces the launch of its new state-of-the-art digital customer portal. The portal enables customers to benefit from a wide range of instant and real-time services. It is currently available to selected customers by invitation only and will be launched globally this summer.

Agents of the Perishables Network: local expertise meets global reach

Agents of the Perishables Network: local expertise meets global reach

Blog posts   •   Jan 31, 2019 10:45 GMT

The Panalpina Perishables Network was launched with ambitious growth plans in 2017. Today it has members, including agents, in 26 key countries and it keeps growing, offering customers, at both origin and destination, complete end-to-end solutions on a global scale. Agent members of the Panalpina Perishables Network enjoy unparalleled reach thanks to solutions from field to shelf.

Panalpina expands facilities at Nairobi’s Jomo Kenyatta International Airport

Panalpina expands facilities at Nairobi’s Jomo Kenyatta International Airport

News   •   Nov 29, 2018 16:31 GMT

Panalpina continues to expand and invest in Kenya, doubling its cold storage space at Nairobi’s Jomo Kenyatta International Airport to enable more and improved services for its perishables customers in and out of the country.

Panalpina increases group profitability

Panalpina increases group profitability

Press Releases   •   Oct 25, 2018 05:00 GMT

In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.

Air freight peak season: ready for take-off

Air freight peak season: ready for take-off

News   •   Sep 28, 2018 06:45 GMT

The 2018 air freight peak season is due to begin after Chinese Golden Week. Many trade lanes have already seen double-digit rate increases and further increases are expected. Panalpina has secured extra flights and ensured readiness on the ground and is also testing a new charter tool, which provides an overview of scheduled cargo flights and of all cargo aircraft available for chartering.

Panalpina celebrates 80th anniversary in Italy

Panalpina celebrates 80th anniversary in Italy

News   •   Sep 26, 2018 08:20 GMT

Panalpina celebrated 80 years of operations in Italy. The international provider of supply chain solutions flew in its Boeing 747-8F for an exclusive event at Milan’s Malpensa Airport. Panalpina CEO Stefan Karlen talked about the importance of air freight for Italy and Panalpina, the need for speed for the Italian high fashion industry, and Panalpina’s unique Charter Network.

Panalpina enlarges its Executive Board

Panalpina enlarges its Executive Board

Press Releases   •   Sep 05, 2018 16:50 GMT

Panalpina today announced that it is enlarging the company’s Executive Board, to include its three core products: Air Freight, Ocean Freight, and Logistics.

The times they are a changin’

The times they are a changin’

Blog posts   •   Aug 21, 2018 14:20 GMT

A 1998 Panalpina video boasting about the company's website as well as Apple's recent mind-boggling market capitalization inspired CEO Stefan Karlen to write a blog post on how important it is for Panalpina, and the freight forwarding and logistics industry as a whole, to change the way we do business. Customers should always be front of mind 24/7/365 and have an easy and seamless experience.

Panalpina appoints new regional CEO Europe

Panalpina appoints new regional CEO Europe

Press Releases   •   Jul 26, 2018 10:00 GMT

Panalpina today announced a key executive hire. Christian Wurst (45) is to become the new regional CEO for Europe. He has an extensive track record in the freight forwarding and logistics industry.

Panalpina Perishables Network expands to South Africa

Panalpina Perishables Network expands to South Africa

Press Releases   •   Jul 17, 2018 05:15 GMT

Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.

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.

Ayme-Yahil to lead Marketing and Communications at Panalpina

Ayme-Yahil to lead Marketing and Communications at Panalpina

Press Releases   •   Jun 15, 2018 08:00 GMT

Dr. Edna Ayme-Yahil is appointed Corporate Head of Marketing and Communications at Panalpina as of July 1, 2018. She will report directly to CEO Stefan Karlen.

Panalpina’s expansion of the Perishables Network continues in Argentina

Panalpina’s expansion of the Perishables Network continues in Argentina

Press Releases   •   Jun 13, 2018 17:05 GMT

Panalpina continues to expand its global Perishables Network in South America. The international freight forwarding and logistics company is to acquire Newport Cargo S.A., Argentina’s air freight market leader and perishables specialist. The acquisition is geared towards end-to-end solutions for perishables and will increase Panalpina’s foothold in Argentina and neighboring countries.

Panalpina leaders meet in Berlin

Panalpina leaders meet in Berlin

News   •   Jun 01, 2018 08:00 GMT

Around 100 leaders of Panalpina met in Berlin this week for the company’s annual leadership conference. The topics on the jam-packed two-day agenda focused on the company’s four-pillar strategy, targets, digital innovation and Panalpina’s leadership culture and spirit. Superb guest speakers from Earlybird, sennder and IMD joined the successful event.

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).