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Tag / Ocean Freight

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.

“The challenges we are facing are common to all irrespective of size”

“The challenges we are facing are common to all irrespective of size”

Blog posts   •   Mar 05, 2018 08:55 GMT

Fruit Logistica 2018 in Berlin is history, but the global appetite for perishables persists. On the first day of the most important exhibition for the international trade of fresh produce, Panalpina’s Colin Wells elaborated on the global trends for the supply and demand of fruits and vegetables. Learn more and don't miss out on the new bonus video!

IoT and supply chain: products will plan their own journey

IoT and supply chain: products will plan their own journey

Blog posts   •   Feb 22, 2018 15:15 GMT

Imagine a world in which products plan their own journeys around the globe. Panalpina and Bosch are working on the solution. In his keynote presentation during this year’s Bosch Connected World, Panalpina CEO Stefan Karlen, provided a public demonstration of how the latest IoT technologies in use and those being developed will shape tomorrow’s supply chains – IoT connected supply chains.

Connecting the world – combining technologies: 5 great IoT reads

Connecting the world – combining technologies: 5 great IoT reads

Blog posts   •   Feb 20, 2018 09:45 GMT

This year’s top Internet of Things (IoT) event is around the corner. Bosch Connected World will take place February 21-22 at STATION-Berlin. The purpose of the conference is to provide the inspiration, education, and connections needed to thrive in IoT. In the spirit of interconnectedness, we are sharing five stories that look at the present and future of IoT so that you can warm up to the event .

Ship, grind and press – ceramics in the making

Ship, grind and press – ceramics in the making

News   •   Feb 14, 2018 14:10 GMT

Panalpina Energy and Project Solutions executed another #MajorMove with two port-to-door shipments for one of Brazil’s leading ceramics makers. The move included ocean and overland transportation of an industrial mill and a hydraulic press from Genoa, Italy, to Paranaguá, one of the main gateways in southern Brazil, as well as the installation of both machines in Tijucas, Santa Catarina.

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 centralizes and expands Global Supply Chain Solutions offering

Panalpina centralizes and expands Global Supply Chain Solutions offering

Press Releases   •   Dec 13, 2017 13:45 GMT

As part of its growth strategy, Panalpina has centralized its Supply Chain Solutions offering with plans to expand the existing team of experts and further invest in technology and infrastructure. Panalpina’s customers from across multiple industries will benefit from solutions that manage their supply chains from end-to-end and offer greater flexibility, customization, and visibility.

#IcarusTrip: neutrino hunter on the move

#IcarusTrip: neutrino hunter on the move

News   •   Oct 25, 2017 10:00 GMT

​Looking for one of the smallest particles – neutrinos – requires not only international cooperation but also quite a huge piece of scientific equipment. Panalpina recently helped to move one from CERN in Switzerland to Fermilab at the University of Chicago, where it arrived at the end of July 2017. It was a closely watched voyage.

Group profitability continues to increase in 2017

Group profitability continues to increase in 2017

Press Releases   •   Oct 19, 2017 05:00 GMT

In the first nine months of 2017, Panalpina grew volumes in both Air and Ocean Freight compared to the same period of last year. As the year progressed, group gross profit as well as EBIT increased with every quarter. Year-on-year, Panalpina’s reported EBIT increased from CHF 67.5 million to CHF 72.1 million and the reported consolidated profit increased from CHF 46.5 million to CHF 48.4 million.

The solar race is on

The solar race is on

Blog posts   •   Oct 10, 2017 13:00 GMT

​The World Solar Challenge has started and our friends from the thyssenkrupp blue.cruiser are doing great! In case you missed it, here’s our previous feature on the blue.cruiser. Now let’s take a closer look.

En route to the World Solar Challenge

En route to the World Solar Challenge

Blog posts   •   Sep 08, 2017 10:00 GMT

Every two years for the past three decades, the World Solar Challenge has welcomed some of the world’s brightest young minds to push the boundaries of technology and travel through the Australian outback in a solar-powered vehicle.

Panalpina wins large five-year contract with oil and gas major for Iraqi project

Panalpina wins large five-year contract with oil and gas major for Iraqi project

News   •   Aug 08, 2017 09:15 GMT

​Panalpina has gained its largest award with a specific oil and gas major to date. The company was awarded with a long-term contract to manage transportation for a gas project in Iraq. The contract will run over a minimum of five years and involve high air and LCL (less than container load) ocean freight volumes. Work has already begun.

Busy skies in 2017

Busy skies in 2017

News   •   Jul 27, 2017 13:45 GMT

The summer period is usually a calmer time for air freight – but not this year. The strong market development with high volumes will likely continue for the rest of the year, further widening the gap between demand and supply. “The challenges are manifold, but we haven taken action to secure extra capacities to meet the growing demand,” says Marc van Dommele, regional head of Air Freight Europe.

Increased volumes and higher reported profits

Increased volumes and higher reported profits

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.

Panalpina rolls out new IT platform in Germany

Panalpina rolls out new IT platform in Germany

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.

Catch a train in China

Catch a train in China

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.

Shout it from the rooftop

Shout it from the rooftop

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.

Panalpina expands footprint in Denmark

Panalpina expands footprint in Denmark

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.