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Tag / Air Freight

A barrel of oil for a salmon

A barrel of oil for a salmon

Blog posts   •   May 12, 2016 09:15 GMT

It made the headlines earlier this year. For the first time ever, a standard farmed Norwegian salmon was worth more than a barrel of oil. While there is just one type of salmon exported from Norway, it comes in several sizes for different markets. In Taipei they normally make chops out of the salmon, so they order the bigger fish. The U.S. prefers the fillet as opposed to the whole fish.

Panalpina counters contracting oil and gas business

Panalpina counters contracting oil and gas business

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.

Panalpina expands exclusive LCL ocean freight offering

Panalpina expands exclusive LCL ocean freight offering

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.

Brazil Wings celebrates successful first year

Brazil Wings celebrates successful first year

News   •   Mar 23, 2016 14:55 GMT

With the Brazil Wings service, Panalpina offers scheduled main deck capacity to South America from the U.S. The many benefits of this and many other services will again be presented at Intermodal South America. Since Brazil Wings launched in 2015, customers have mostly used it for high-tech products, heavy machines and equipment for agriculture, chemicals as well as aerospace and consumer goods.

Panalpina Annual Report 2015

Panalpina Annual Report 2015

Press releases   •   Mar 15, 2016 08:35 GMT

As well as providing an overview of our achievements over the past year in developing tailor-made, value-added services for our customers, the Annual Report 2015 features highlights from our products, regions, industry verticals and corporate functions. New sections include our business model, case studies on the Charter Network and Perishables, and our approach to innovation.​

Brazil receives exceptionally large, urgent pharmaceutical shipment

Brazil receives exceptionally large, urgent pharmaceutical shipment

News   •   Mar 09, 2016 14:50 GMT

Panalpina recently delivered an exceptionally large shipment of pharmaceutical products to Brazil. A cargo plane took off from Frankfurt airport carrying 187 pallets of temperature-sensitive cargo, destined for Brasília International Airport. The shipment was an urgent order from the Brazilian Ministry of Health.

Panalpina demonstrates high resilience in 2015

Panalpina demonstrates high resilience in 2015

Press releases   •   Feb 29, 2016 06:00 GMT

In the year 2015, Panalpina's EBIT reached CHF 117.2 million (currency adjusted: CHF 134.2 million or +15.0%) and consolidated profit CHF 88.2 million (currency adjusted: CHF 100.6 million or +16.3%). While volumes in Air Freight and Ocean Freight dropped slightly below previous year levels, Logistics achieved the first positive EBIT result for the full year.

Saying it with flowers

Saying it with flowers

News   •   Feb 04, 2016 11:00 GMT

With Valentine’s Day around the corner, vast numbers of flowers will shortly be offered and cherished. Panalpina Airflo organizes over 2,000 tons of fresh-cut roses from Kenya to Europe in the days running up to Valentine’s Day. The video and extract from a recent interview show how we ensure that fresh cut flowers arrive perfectly at their destination.

A sea of containers

A sea of containers

News   •   Feb 02, 2016 11:45 GMT

36 Million 20-foot containers were moved through the port of Shanghai in 2015. In the world’s biggest port, the very physical nature of international trade is apparent like nowhere else. Globally, 130 million containers are shipped across the seas year after year – of which Panalpina handled 1.6 million for its customers in 2014. Daryl Ridgway is Panalpina’s new global head of Ocean Freight.

Panalpina reaches important milestone in IT project

Panalpina reaches important milestone in IT project

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.

Making the physical digital (Part II)

Making the physical digital (Part II)

Blog posts   •   Jan 29, 2016 15:45 GMT

Will the flow of information become more important than the flow of goods? Fact is, new modes of transport are not where the frontier of transportation lies. Digital transformation is. This blog post in two parts looks at five major trends that are shaping the freight forwarding and logistics industry – all of them linked to digital transformation.

Making the physical digital (Part I)

Making the physical digital (Part I)

Blog posts   •   Jan 27, 2016 08:35 GMT

Will the flow of information become more important than the flow of goods? Fact is, new modes of transport are not where the frontier of transportation lies. Digital transformation is. This blog post in two parts looks at five major trends that are shaping the freight forwarding and logistics industry – all of them linked to digital transformation.

Panalpina flies UNICEF relief to Burundi

Panalpina flies UNICEF relief to Burundi

Press releases   •   Nov 27, 2015 11:30 GMT

For the third consecutive year, UNICEF and Panalpina have joined forces to fly much-needed relief goods to an African country where a recurring crisis is taking a heavy toll on society and its weakest members: children. In the morning hours, a Panalpina chartered cargo aircraft landed in Burundi with 70 tons of primary medical care goods on board.

Panalpina to acquire Airflo, a specialized freight forwarder for flowers and vegetables, from Dutch Flower Group

Panalpina to acquire Airflo, a specialized freight forwarder for flowers and vegetables, from Dutch Flower Group

Press releases   •   Nov 05, 2015 06:00 GMT

Panalpina is to acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specialized in the export handling of flowers and vegetables. Airflo is part of Dutch Flower Group (DFG), the world’s largest flower and plant trader. The acquisition reflects Panalpina’s continued expansion in Africa and its increasing focus on the perishables business.

Panalpina keeps consolidated profit stable

Panalpina keeps consolidated profit stable

Press releases   •   Oct 20, 2015 05:00 GMT

Panalpina achieved a stable consolidated profit of CHF 69.3 million (currency adjusted: CHF 75.8 million or +9.5%) in the first nine months of 2015 as headwinds in oil and gas and a very soft air freight market persisted. Group gross profit decreased 6% to CHF 1,107.3 million (adjusted: CHF 1,177.0 million or 0%), while EBIT decreased 2% to CHF 92.4 million (adjusted: CHF 102.7 million or +9%).

Panalpina moves into Myanmar

Panalpina moves into Myanmar

Press releases   •   Sep 15, 2015 13:30 GMT

A new era is dawning in Myanmar after the establishment of a civilian government in 2011. At the crossroads between India, China and South East Asia, the country is starting to invest in infrastructure and realize its potential. Switzerland-based international freight forwarding and logistics company Panalpina has now opened its own office to provide its services to the up-and-coming economy.

Panalpina reports stable profits in slow market environment

Panalpina reports stable profits in slow market environment

Press releases   •   Jul 23, 2015 05:00 GMT

Panalpina has kept profitability stable in the first half of 2015 despite a challenging environment. While the group’s gross profit decreased 5% (adjusted at constant currency rates: +2%) to CHF 736.1 million, EBIT and consolidated profit remained stable, reaching CHF 60.4 million (+0.4%; adjusted: +7%) and CHF 45.3 million (+3%; adjusted: +10%), respectively.

Panalpina acquires its long-time Egyptian agent Afifi

Panalpina acquires its long-time Egyptian agent Afifi

Press releases   •   May 29, 2015 05:00 GMT

Panalpina is to acquire its Egyptian agent Afifi, a highly respected family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa. Afifi has been Panalpina’s agent in Egypt for the last 20 years.

Panalpina adds freighter calls in Baku, Azerbaijan

Panalpina adds freighter calls in Baku, Azerbaijan

Press releases   •   Apr 27, 2015 07:00 GMT

Panalpina is adding calls in Azerbaijan's capital, Baku, as part of its long-term strategy to expand and optimize its controlled air freight network. Scheduled charters that are operated by Silk Way West Airlines and fly between Luxembourg and Shanghai now call in Baku four times per week.

Panalpina delivers stable profitability in first quarter

Panalpina delivers stable profitability in first quarter

Press releases   •   Apr 22, 2015 05:00 GMT

Panalpina increased its operating result and profit in the first quarter of 2015. Consolidated profit increased 10% to CHF 19.6 million while EBIT increased 3% (currency adjusted: +12%) to CHF 25.3 million. Year-on-year, EBIT and conversion rate increased in Ocean Freight as volumes grew by 5% but decreased in Air Freight where volumes only grew slightly by 1%.