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.
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.
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.
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.
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.
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.
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.
Press Releases • May 10, 2016 16:00 GMT
At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 10, 2016, 64.97% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Peter Ulber was confirmed as Panalpina’s new chairman of the board of directors.
Press Releases • Apr 21, 2016 05:00 GMT
Panalpina preserved profitability in the first quarter of 2016 despite the continued contraction of the global oil and gas business. The company reported an EBIT of CHF 24.0 million and a consolidated profit of CHF 17.3 million. In a continuously soft market, transport volumes grew in Air Freight but decreased in Ocean Freight. Logistics reported the fifth positive quarter on EBIT level.
Press Releases • Apr 18, 2016 10:00 GMT
Less than Container Load (LCL) services are an important tool for shippers to optimize their international supply chains. Expanding and improving the global LCL network therefore remains a key priority for Panalpina and it now offers four sailings per week from Shanghai to Singapore, an industry first, and two new exclusive services from Egypt to Singapore and from India to Switzerland via Italy.
Press Releases • Apr 12, 2016 09:00 GMT
During 2015, Panalpina continued its commitment to reducing its environmental impact, with a focus on greenhouse gas emissions. At the UN Climate Talks in Paris held in December 2015, it was announced that Panalpina was one of over 100 international companies and the only logistics company so far to commit to set reduction targets as part of the Science Based Targets Initiative.
Panalpina’s Board of Directors nominates Peter Ulber to become Chairman; Stefan Karlen to succeed as CEO
Press Releases • Feb 26, 2016 17:00 GMT
Panalpina’s board of directors has nominated Peter Ulber as the company’s new chairman for the upcoming Annual General Meeting (AGM). He would succeed Dr Rudolf W. Hug who has served as chairman since 2007 and does not stand for reelection due to the age limitation in the company’s bylaws. Stefan Karlen, currently regional CEO for Asia Pacific, has been designated to succeed Ulber as the next CEO.
Panalpina and Cardiff Business School: successful research on lean inventories expanded to include 3D printing
Press Releases • Feb 03, 2016 14:30 GMT
Three years ago, Panalpina and Cardiff University in Wales (UK), set out to search for the ‘hidden formula’ for lean inventories. This innovative partnership has allowed Panalpina to launch D2ID, a new inventory forecasting application.The co-innovation approach has been so successful, that the research is now being expanded to include new manufacturing technologies such as 3D printing.
Press Releases • Feb 01, 2016 14:55 GMT
Panalpina reached an important milestone in the implementation of its new operational IT platform. Singapore and Switzerland were the first countries to go live with the latest version of the SAP® Transportation Management application. Numerous customer shipments in December and January 2016 have demonstrated that the software is ready to be rolled out further.