Press releases • May 09, 2019 15:50 GMT
At the annual general meeting (AGM) of Panalpina World Transport (Holding) Ltd., held on May 9, 2019, 62.24% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Thomas E. Kern was elected as chairman of the board.
Press releases • May 01, 2019 07:00 GMT
Effective today, Newport Cargo has legally merged with Panalpina. The acquisition was completed in August 2018 and it has added tremendous value to Panalpina’s Perishables Network in expertise, customer base and business development.
Press releases • Apr 30, 2019 12:00 GMT
Panalpina achieved its best year ever in terms of employee health and safety and received top ratings for its environmental and corporate social responsibility programs. The 2018 Sustainability Report demonstrates Panalpina’s strong commitment to sustainability, the health and safety of its people and the prosperity of the communities where it operates.
Panalpina expands network in Colombia and Ecuador to become largest perishables player in Latin America
Press releases • Apr 24, 2019 15:30 GMT
Panalpina continues to expand its Perishables Network in South America through the acquisition of CargoMaster S.A. in Colombia, and its subsidiary, Laseair S.A., in Ecuador. CargoMaster is one of Latin America’s largest companies specialized in the air freight export of perishables, mostly of flowers to the US.
Press releases • Apr 17, 2019 05:00 GMT
In the first three months of 2019, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF 16.6 million).
Press releases • Apr 10, 2019 05:00 GMT
Panalpina’s board of directors proposes to elect Thomas E. Kern as chairman of the board at the upcoming annual general meeting (AGM) to be held on May 9, 2019. Furthermore, the board of directors proposes that no dividend be paid out to shareholders in 2019.
Press releases • Apr 01, 2019 05:15 GMT
In light of the Exchange Offer launched by DSV for Panalpina today (see separate media release) Panalpina's board of directors, upon request of the Ernst Göhner Foundation, has resolved to postpone the extraordinary general meeting (EGM) scheduled for April 5, 2019, in Basel.
Press releases • Mar 27, 2019 09:45 GMT
International logistics and freight forwarding company Panalpina has achieved an A- for climate change from the Carbon Disclosure Project (CDP), highlighting the company’s position as a global leader for corporate action on climate and environmental protection.
Press releases • Mar 05, 2019 06:00 GMT
Panalpina’s Board of Directors has decided to hold an extraordinary general meeting (EGM) on April 5, 2019 and to support the motion of the shareholder Ernst Göhner Foundation (EGF) to implement the One Share – One Vote standard to further enhance the company’s corporate governance.
Press releases • Feb 25, 2019 16:30 GMT
Panalpina received today a request of its shareholder Ernst Göhner Foundation ("EGF") to implement the One Share – One Vote standard at an extraordinary shareholders' meeting to be held prior to the annual general meeting.
Press releases • Feb 20, 2019 10:45 GMT
Panalpina announces the launch of its new state-of-the-art digital customer portal. The portal enables customers to benefit from a wide range of instant and real-time services. It is currently available to selected customers by invitation only and will be launched globally this summer.
Press releases • Feb 15, 2019 06:15 GMT
The Board of Directors of Panalpina confirms media reports that it is in discussions with Agility Group on potential strategic opportunities with regard to their respective logistics businesses. The discussions between the two companies are at a preliminary stage.
Press releases • Feb 04, 2019 06:20 GMT
Panalpina confirms that the Ernst Göhner Foundation, Panalpina's largest shareholder representing approximately 46% of the total share capital, informed the Board of Directors that it does not support the current non-binding proposal from DSV and that it supports Panalpina’s Board of Directors in pursuing an independent growth strategy that includes M&A.
Press releases • Jan 16, 2019 05:30 GMT
The Board of Directors of Panalpina announces that it has received an unsolicited, non-binding proposal from DSV to acquire the company at a price of CHF 170 per share, comprising a mix of cash and DSV shares.