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Panalpina donates UNICEF relief flight to Africa for the fifth time

Panalpina donates UNICEF relief flight to Africa for the fifth time

Press releases   •   Dec 18, 2017 08:30 GMT

​Panalpina once again assisted UNICEF by flying relief aid to Africa, this time to help children suffering in South Sudan. The country’s humanitarian crisis is a culmination of years of civil war compounded by famine and disease. A Panalpina chartered cargo aircraft landed in neighboring Uganda, carrying nearly 80 tons of supplies.

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.

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.

Panalpina expands Perishables Network into Germany

Panalpina expands Perishables Network into Germany

Press releases   •   Sep 29, 2017 05:00 GMT

Panalpina is expanding its Perishables Network into Germany. Panalpina has entered into an agreement with the Cool Chain Group, Germany (CCG), taking over business and a team that is specialized in international air freight and the import of perishables. The deal will further strengthen the Panalpina Perishables Network in Europe and the company’s global end-to-end offering for fresh produce.

Panalpina to acquire Dutch handling agent specialized in perishables

Panalpina to acquire Dutch handling agent specialized in perishables

Press releases   •   Sep 28, 2017 05:00 GMT

Panalpina is to acquire the Dutch company Interfresh Airfreight Handling. Interfresh specializes in the customs clearance and last-mile distribution of imported perishables from Africa, Asia-Pacific and Latin America. With this acquisition, Panalpina takes another significant step in building its global Perishables Network and offering complete end-to-end solutions on a global scale.

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.

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.

Panalpina to acquire Kenyan freight forwarder specialized in perishables

Panalpina to acquire Kenyan freight forwarder specialized in perishables

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.

Panalpina reports higher volumes as margins remained under pressure

Panalpina reports higher volumes as margins remained under pressure

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.

Panalpina Perishables Network launched with ambitious growth plans

Panalpina Perishables Network launched with ambitious growth plans

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.

Panalpina publishes integrated management report

Panalpina publishes integrated management report

Press releases   •   Mar 16, 2017 16:30 GMT

Panalpina has published its first integrated management report, summarizing the company’s activities during 2016 in terms of business performance as well as sustainability.

 Panalpina opens new logistics manufacturing hub in Dubai South

Panalpina opens new logistics manufacturing hub in Dubai South

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.

Panalpina reports higher volumes and reduced profit for 2016

Panalpina reports higher volumes and reduced profit for 2016

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.

Panalpina’s single warehouse management system key to growing business

Panalpina’s single warehouse management system key to growing business

Press releases   •   Feb 14, 2017 08:00 GMT

Panalpina has reached a new milestone in the roll-out of its single warehouse management system JDA across all of its logistics facilities around the world. The 50th site went live with JDA WMS in France. Shortly before that, JDA WMS was implemented at facilities in the USA and Belgium. The sites in Newtown and Brussels are part of a global distribution network for the healthcare customer IBA.

Panalpina sets ambitious CO2 emissions targets for 2025

Panalpina sets ambitious CO2 emissions targets for 2025

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.

A charter for Chad – Panalpina donates UNICEF relief flight

A charter for Chad – Panalpina donates UNICEF relief flight

Press releases   •   Dec 08, 2016 08:30 GMT

For the fourth consecutive year, UNICEF and Panalpina have joined forces to fly relief goods to an African country where population movements, food insecurity, malnutrition and natural disasters have led to a health emergency and precarious humanitarian situation. In the morning hours, a Panalpina chartered cargo aircraft landed in Chad with more than 80 tons of life-saving goods on board.

Stable profits in a challenging market environment

Stable profits in a challenging market environment

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.

Organic growth offsets contracting oil and gas business

Organic growth offsets contracting oil and gas business

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.

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.