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Panalpina Perishables Network expands to South Africa

Panalpina Perishables Network expands to South Africa

Press Releases   •   Jul 17, 2018 05:15 GMT

Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.

Double-digit profitability growth for Panalpina

Double-digit profitability growth for Panalpina

Press Releases   •   Jul 17, 2018 05:00 GMT

Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF 29.9 million to CHF 36.1 million.

Panalpina Digital Hub launched to promote innovation in freight forwarding and logistics

Panalpina Digital Hub launched to promote innovation in freight forwarding and logistics

Press Releases   •   Jun 26, 2018 08:05 GMT

Panalpina has launched the Panalpina Digital Hub to embrace new technologies including the Internet of Things (IoT), artificial intelligence (AI) and blockchain that have the potential to disrupt the business in the coming years. The new business unit is to explore innovative technologies, develop new digital solutions for customers, and engage with digital start-up companies.

Ayme-Yahil to lead Marketing and Communications at Panalpina

Ayme-Yahil to lead Marketing and Communications at Panalpina

Press Releases   •   Jun 15, 2018 08:00 GMT

Dr. Edna Ayme-Yahil is appointed Corporate Head of Marketing and Communications at Panalpina as of July 1, 2018. She will report directly to CEO Stefan Karlen.

Panalpina’s expansion of the Perishables Network continues in Argentina

Panalpina’s expansion of the Perishables Network continues in Argentina

Press Releases   •   Jun 13, 2018 17:05 GMT

Panalpina continues to expand its global Perishables Network in South America. The international freight forwarding and logistics company is to acquire Newport Cargo S.A., Argentina’s air freight market leader and perishables specialist. The acquisition is geared towards end-to-end solutions for perishables and will increase Panalpina’s foothold in Argentina and neighboring countries.

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).