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Panalpina half-year results remain stable

Panalpina half-year results remain stable

Press releases   •   Jul 18, 2019 05:00 GMT

Panalpina recorded stable results for the first half-year 2019. From January to June 2019, Panalpina generated an EBIT of CHF 52.1 million (YTD 2018: CHF 54.7 million) and a consolidated profit of CHF 34.0 million (YTD 2018: CHF 36.1 million), thereby nearly reaching previous-year levels.

New Panalpina customer portal: bringing the future of digital supply chain management to transport logistic in Munich

New Panalpina customer portal: bringing the future of digital supply chain management to transport logistic in Munich

Press releases   •   Jun 03, 2019 13:00 GMT

Panalpina will present its new customer portal this week at transport logistic 2019, the world’s leading trade fair for logistics and supply chain management. Collaborative shipment management, fully-automated instant quotation and lane risk assessment make the portal unique in the industry. Interested parties can test the customer portal in Munich before it will be made available later this year.

Newport Cargo now legally merged with Panalpina

Newport Cargo now legally merged with Panalpina

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.

Panalpina expands network in Colombia and Ecuador to become largest perishables player in Latin America

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.

Panalpina improves profitability by 15%

Panalpina improves profitability by 15%

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).

Panalpina highlights achievements in 2018 Management Report

Panalpina highlights achievements in 2018 Management Report

Press releases   •   Feb 28, 2019 06:45 GMT

Panalpina continued to deliver innovative, end-to-end supply chain solutions in 2018 to its customers in a wide range of industries. The Management Report 2018 highlights the company’s key achievements in expanding its services and footprint as well as carrying out complex freight forwarding and logistics projects.

Panalpina pushing for accelerated growth after a successful 2018

Panalpina pushing for accelerated growth after a successful 2018

Press releases   •   Feb 28, 2019 06:00 GMT

Panalpina ended the year 2018 with a historic record in Air Freight volumes, a recovering Ocean Freight product and solid profitability in Logistics. For the full year, Panalpina’s reported EBIT increased from CHF 103.3 million to CHF 118.4 million (+15%) and the reported consolidated profit increased from CHF 57.5 million to CHF 75.7 million (+32%).

Panalpina launches industry-leading customer portal

Panalpina launches industry-leading customer portal

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.

Panalpina donates sixth UNICEF relief flight to Africa

Panalpina donates sixth UNICEF relief flight to Africa

Press releases   •   Dec 06, 2018 08:30 GMT

Same as last year, Panalpina assisted UNICEF by flying relief aid to Africa to help children in South Sudan, where the humanitarian needs after years of conflict remain massive. A Panalpina chartered cargo aircraft landed last night in neighboring Uganda, carrying nearly 70 tons of supplies. The supplies will be trucked to South Sudan and distributed across the country as the dry season begins.

Panalpina increases group profitability

Panalpina increases group profitability

Press releases   •   Oct 25, 2018 05:00 GMT

In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.

Panalpina enlarges its Executive Board

Panalpina enlarges its Executive Board

Press releases   •   Sep 05, 2018 16:50 GMT

Panalpina today announced that it is enlarging the company’s Executive Board, to include its three core products: Air Freight, Ocean Freight, and Logistics.

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.

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 joins Blockchain in Transport Alliance – BiTA

Panalpina joins Blockchain in Transport Alliance – BiTA

Press releases   •   May 22, 2018 12:00 GMT

Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry. The company sees many advantages of blockchain technology for freight forwarding and logistics operations in general, but also for specific areas such as perishables in particular.

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).

Panalpina publishes second integrated management report

Panalpina publishes second integrated management report

Press releases   •   Mar 21, 2018 15:30 GMT

Panalpina has published its second integrated management report, summarizing the company’s activities during 2017 in terms of business performance and sustainability.

Panalpina reports record year in Air Freight

Panalpina reports record year in Air Freight

Press releases   •   Mar 07, 2018 06:00 GMT

Panalpina ended the year 2017 with strong Air Freight volumes and margins, while in the fourth quarter margin pressure continued to impact the financial results in Ocean Freight. For the full year, Panalpina’s reported EBIT increased from CHF 82.0 million to CHF 103.3 million and the reported consolidated profit increased from CHF 52.3 million to CHF 57.5 million.

Panalpina and Saudi conglomerate Al Rushaid agree to joint venture

Panalpina and Saudi conglomerate Al Rushaid agree to joint venture

Press releases   •   Dec 21, 2017 12:00 GMT

Al Rushaid is one of Saudi Aramco’s main suppliers and a large Saudi conglomerate which provides services through partnerships in many different industries including oil and gas, manufacturing and construction. Pending regulatory approval, Panalpina will be tasked with managing the logistical aspects of Al Rushaid’s subsidiaries and joint ventures.