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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 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 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.

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.

Panalpina opens new Logistics Manufacturing Research Centre with Cardiff Business School

Panalpina opens new Logistics Manufacturing Research Centre with Cardiff Business School

Press releases   •   Oct 12, 2016 12:00 GMT

Panalpina and Cardiff Business School have strengthened their partnership with the launch of a new Logistics Manufacturing Research Centre. The center will conduct leading research into the fields of distributed manufacturing, 3D printing, the circular economy and the impact of digital manufacturing on global supply chains. The new center has already secured its first research grant.

Panalpina and Shapeways enter into strategic partnership for 3D printing

Panalpina and Shapeways enter into strategic partnership for 3D printing

Press releases   •   Jul 26, 2016 12:00 GMT

Panalpina and 3D printing company Shapeways have entered into a strategic partnership which will enable both companies to expand their digital manufacturing capabilities globally. Panalpina sees digital manufacturing and 3D printing as a perfect complement to its Logistics Manufacturing Services offering, giving customers the possibility to customize products and bring production closer to demand.

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.

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 and Cardiff Business School: successful research on lean inventories expanded to include 3D printing

Panalpina and Cardiff Business School: successful research on lean inventories expanded to include 3D printing

Press releases   •   Feb 03, 2016 14:30 GMT

Three years ago, Panalpina and Cardiff University in Wales (UK), set out to search for the ‘hidden formula’ for lean inventories. This innovative partnership has allowed Panalpina to launch D2ID, a new inventory forecasting application.The co-innovation approach has been so successful, that the research is now being expanded to include new manufacturing technologies such as 3D printing.

Panalpina expands Logistics Manufacturing Services with Ericsson

Panalpina expands Logistics Manufacturing Services with Ericsson

Press releases   •   Dec 17, 2015 13:00 GMT

Dubai has become the latest location where Panalpina offers Logistics Manufacturing Services to its customers. Rather than holding stock to cover every possible outcome, Panalpina assembles products from semi-knocked down (SKD) units to specific customer requirements at the last possible stage before shipping them to the end customer.

Panalpina and JDA help customers increase asset velocity

Panalpina and JDA help customers increase asset velocity

Press releases   •   Oct 22, 2015 08:25 GMT

Three years ago, Panalpina announced its intention to deploy a single warehouse management system (WMS) across all of its logistics facilities throughout the world. The roll-out of the RedPrairie – now JDA – WMS is progressing ahead of schedule thanks to Panalpina’s experts in all regions and a specially developed and unique fast deployment model.

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 enables circular supply chain with reverse logistics for electronics

Panalpina enables circular supply chain with reverse logistics for electronics

Press releases   •   Jul 28, 2015 07:10 GMT

Panalpina sees reverse logistics as a strategic area for growth. To complement its reverse logistics offering in the technology sector, Panalpina has entered into a strategic alliance with Hong Kong-based company Spread Logistics.