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Panalpina and Honeywell partner on new technology solutions

Panalpina and Honeywell partner on new technology solutions

Press releases   •   Nov 28, 2018 16:15 GMT

Panalpina has entered into a strategic alliance with technology company Honeywell to enhance worker productivity, accuracy, and efficiency across its global distribution centers.

Panalpina announces that Peter Ulber will not stand for re-election as chairman of the board at the next Annual General Meeting on 9 May 2019

Press releases   •   Nov 19, 2018 16:45 GMT

In line with the previously communicated commitment by the company to evaluate the governance of the current board composition, Panalpina announces that Peter Ulber will not stand for re-election as chairman of the board at the next Annual General Meeting on 9 May 2019.

Panalpina successfully issues a CHF 150 million bond

Panalpina successfully issues a CHF 150 million bond

Press releases   •   Nov 14, 2018 17:00 GMT

Panalpina World Transport (Holding) Ltd today successfully placed a CHF 150 million debut bond in the Swiss capital market.

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.

New sustainability pact between Panalpina and CMA CGM

New sustainability pact between Panalpina and CMA CGM

Press releases   •   Oct 18, 2018 08:00 GMT

Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, and CMA CGM, one of the world’s leading shipping groups, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025. As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.

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.

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 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 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.

Annual general meeting 2018 approves all board proposals

Annual general meeting 2018 approves all board proposals

Press releases   •   May 08, 2018 16:30 GMT

At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 8, 2018, 65.47% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Sandra Emme was confirmed as a new member of the board of directors.

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).

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.

New member proposed for Panalpina’s board of directors

New member proposed for Panalpina’s board of directors

Press releases   •   Mar 02, 2018 18:30 GMT

​Panalpina’s board of directors proposes to elect Sandra Emme as a new member of the board at the upcoming Annual General Meeting (AGM), to be held on May 8, 2018. She would succeed Chris Muntwyler who will not stand for re-election.

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 expands Perishables Network into Belgium

Panalpina expands Perishables Network into Belgium

Press releases   •   Dec 19, 2017 06:00 GMT

Panalpina is to acquire the Belgian companies Adelantex and AD Handling, specialized in the handling of perishables imports in Brussels, Liège and Ostend. The move follows similar acquisitions in Germany and the Netherlands earlier this year. This latest transaction involving Belgium’s market leader will further strengthen the Panalpina Perishables Network and the company’s end-to-end offering.