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Tag / Ocean Freight

Landlocked but with a merchant fleet

Landlocked but with a merchant fleet

News   •   Apr 22, 2016 08:30 GMT

Yes, Switzerland has a merchant fleet consisting of 49 ships. The fleet is the biggest among landlocked countries and one of the most modern in the world. With it, Switzerland has been crisscrossing international waters since 1941, when World War II escalated. The very first ship of the fleet was called Calanda and belonged to the Schweizerische Reederei AG, the former parent company of Panalpina.

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.

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.​

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.

Panalpina wins Ocean Freight Services Award

Panalpina wins Ocean Freight Services Award

News   •   Feb 05, 2016 14:30 GMT

Panalpina World Transport in the UK has won the BIFA 2015 Ocean Freight Services Award.

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 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 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%.

Panalpina more than doubles EBIT in 2014

Panalpina more than doubles EBIT in 2014

Press releases   •   Mar 04, 2015 08:17 GMT

Panalpina finished the year 2014 on expectations. The Panalpina Group more than doubled its EBIT to CHF 116.7 million in 2014 compared to the previous year. Consolidated profit jumped from CHF 11.7 million to CHF 86.5 million.