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.
Blog posts • Jul 07, 2017 09:00 GMT
The FPSO Glen Lyon is one of the biggest oil and gas production units ever made. During its tow from South Korea to Norway, up to 160 crew members representing 18 different nationalities worked and lived on board the Glen Lyon. But what is it like to work and live on a vessel that takes five minutes to walk from one end to the other? Panalpina talked to the captain to find out.
Blog posts • Jul 05, 2017 09:00 GMT
Between December 2015 and June 2016, the Glen Lyon traveled 15,600 nautical miles in total, traveling at an average speed of 6.4 knots first from South Korea to Norway and then onwards to its permanent location west of the Shetland Islands. Panalpina assisted BP with the tow of the FPSO Glen Lyon by taking charge of responsibilities such as material management, husbandry and ship agency services.
Blog posts • Jul 04, 2017 09:00 GMT
It looks like a ship, but technically it's not a ship. The FPSO Glen Lyon is a huge Floating Production, Storage and Offloading unit used for the production and processing of hydrocarbons and for the storage of oil offshore. Read on to find out how Panalpina was involved in this major move from South Korea to Norway and watch the video to get an impression of the vessel’s dimensions. (Part 1 of 3)
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.
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.
News • May 24, 2017 08:50 GMT
Increasingly, cargo catches a train in China and then travels more than 9,000 km to Europe. Over the last few years, rail services that link Asia with Europe have become an important alternative to air and ocean freight transportation. From 2014 to 2016, Panalpina’s rail volumes from China to Europe tripled and many major shippers now transport sizeable volumes by rail.
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.
News • May 12, 2017 11:00 GMT
In a hat trick of sustainability-focused achievements, Panalpina has become globally certified to the highest environmental management standard,reached a gold rating for its Corporate Social Responsibility (CSR) efforts and won an award for business excellence in Europe.
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.
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.
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.
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.
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.
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.
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.
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.
News • Mar 27, 2017 14:30 GMT
There is no good word for “Zukunftsmacher” in English. “Zukunft” means future and a “Macher” is a doer, a maker. Put the two together, and you have someone who is shaping the future, the future of logistics that is: Mike Wilson. Mike, global head of Logistics and Manufacturing at Panalpina, was presented with the prestigious LEO Award by German trade publication DVZ on Friday evening in Hamburg.
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.