Tag / Ocean Freight
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.
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.
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 • 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.
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.
News • Dec 05, 2016 08:30 GMT
The Port House in Antwerp with its distinct buildings and triangular facets epitomizes the growth and strategic location of the Port of Antwerp. The Belgian box port is the second busiest in Europe, nestled in a region that boasts one of Europe’s best multimodal infrastructures. Only 500 m away, still within the port, Panalpina is turning its warehouse into a GDP certified pharma center.
News • Dec 02, 2016 10:55 GMT
Panalpina was delighted to win the Air Freight Solutions Provider of the Year award at the Global Freight Awards 2016. The winning submission, made by Panalpina UK and Ireland, showcased Panalpina’s pioneering role in paperless freight, its capabilities in temperature-controlled shipments, and its impressive volume growth particularly with perishables and pharmaceuticals.
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.
Blog posts • Oct 17, 2016 09:30 GMT
In this interview, Panalpina's CIO Ralf Morawietz explains why he believes the separation between IT and business is artificial and why he wants to close the gap. He also talks about the implementation of the company's new operational system SAP TM, big data, visibility in the supply chain and what he likes about his job. The original interview appeared in the Swiss IT trade publication Netzwoche.
News • Oct 06, 2016 10:00 GMT
At the Capital Markets Day 2016 in Amsterdam, the company's senior management demonstrated how Panalpina has taken risk out of the business and laid the foundations for future growth. Growth was the main theme of the afternoon presentations. Four deep-dive sessions focused on “Ocean Freight and Productivity”, “Sales Growth”, “Air Freight and Perishables” as well as “Logistics and Innovation”.
News • Aug 22, 2016 13:31 GMT
Cambodia’s capital city of Phnom Penh, is now home to Panalpina’s latest venture in Asia. The new office became operational in August, providing global and local customers with air freight and ocean freight services, customer brokerage, in-land transportation, cross-border trucking (with Vietnam and Thailand), Container Freight Station consolidation, and warehousing and storage services.
News • Jul 25, 2016 08:30 GMT
Bruno is pretty upbeat these days. A few weeks ago, he reached an agreement with Belgium-based medical device company IBA. Panalpina will soon be offering comprehensive value-added warehousing and global transportation services to IBA from its hub at Brussels Airport. For this purpose, a new 2,800 m2 facility is being built. Construction is about to begin.
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.
News • Jul 12, 2016 07:20 GMT
Cameron Kerr is supervising the construction of Panalpina’s giant new Logistics Manufacturing Services center at Dubai World Central Airport. 90% of the building has been constructed and completion is planned for mid-August. The 40,000 m2 facility will enable Panalpina to grow its logistics and freight forwarding business in the MEAC region.
News • Jun 30, 2016 22:00 GMT
The new international box weighing rules for ocean freight are now in effect, stipulating that shippers of a packed container are responsible for determining and declaring the verified gross mass (VGM) per container prior to defined cut-off times. This brand-new infographic illustrates the process shippers have to follow, and explains how to determine VGM and submit the data to Panalpina.
News • Jun 02, 2016 14:20 GMT
Protocol, most likely, as in the Kyoto Protocol. Well, now there is another P linked to Kyoto: Panalpina. Panalpina has opened a new office in Kyoto, western Japan, making it one of very few non-Japanese freight forwarding and logistics companies with its own office in this city, which has a unique culture and style of working.