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.
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.
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 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.
Cartagena, Colombia’s premier port, is becoming increasingly important as a regional transportation hub. Last year, Panalpina set up the first ocean freight hub in Cartagena for Central and South American LCL (Less than Container Load) cargoes. The international freight forwarder also tops the Port of Cartagena’s import and export rankings.
Panalpina’s Air Freight, Ocean Freight and Logistics services help technology giant Lenovo sell four devices globally every second.
Panalpina, the world’s fourth largest provider of ocean freight services is applying a War Risk Surcharge for the Strait of Hormuz as a result of significantly increased insurance premiums for all vessel operators going through the busy waterway.
A scheduled shutdown of a deep-water oil platform is no small undertaking. For one Panalpina customer, their entire maintenance plan would have been derailed if not for Panalpina’s innovative African Star solution for transporting large shipments from the U.S. to Angola expeditiously. Four heat exchangers with a total weight of 47,210 kg were shipped from the U.S. to Luanda in a few days only.
In the early years of the cold chain, its processes were mostly managed by manufacturers, but specialty transport companies soon took over. By the 1950s, third-party logistics providers had taken on an increasingly important role in the cold chain “niche”. Perishables supply chains will evolve further and cold chain management will remain at the core of freight forwarding.
Hot on the heels of yesterday’s publication of Panalpina’s half-year results, we asked Lucas Kuehner and Peder Winther, the global heads of Air Freight and Ocean Freight, to give us a bit more color on the development of the markets and Panalpina’s performance thus far in 2019, and to tell us what they expect in terms of peak season in the second half-year.
Ship owners, operators and carriers must comply with new rules on emissions from 2020. Scrubbers currently dominate discussions. In this latest “sulfur-smart” blog post, we give an update on the scrubber debate, but also shed light on the topic of fuel quality. The lack of standardization on the composition and quality of low-sulfur fuels could lead to downtime of ships – and increased cost.
The initial glitter of blockchain may have taken a beating, but concrete steps are underway to turn its promise into tangible business applications. A keen mover of digital technologies in freight forwarding and logistics, Panalpina has narrowed the use cases for this industry and started a pilot to play the benefits of blockchain to make supply chains more efficient.
https://events.joc.com/tpm-2018/agenda
Fruit Logistica takes place once per year but fresh products, or perishables, are in demand around the globe, all year long. Panalpina is one of only a few global freight forwarders that are active in the perishables business. Having a global network means we can truly offer end-to-end solutions. Drop by at our stand and let's start a conversation. You'll find us at stand A04 in hall 7.2C.
With the Brazil Wings service Panalpina offers scheduled main deck capacity to South America from the U.S. The many benefits of this and many other services will again be presented at Intermodal South America. Since Brazil Wings launched in 2015, customers have mostly used it for high-tech products, heavy machines and equipment for agriculture, chemicals as well as aerospace and consumer goods.
Panalpina's full-year results media conference for 2015 will take place at the Convention Point in Zurich as usual. The invitation will go out a few weeks before the event.
A 176-ton SACMI Imola PH 7500 hydraulic press is unloaded from a multi-axle flatbed trailer in Brazil.
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| Photographer / Source | Panalpina |
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A 32-ton SACMI MTD drum mill is escorted into the plant premises at destination in Tijucas, Santa Catarina, Brazil.
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| Photographer / Source | Panalpina |
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The 32-ton SACMI MTD drum mill at installation point in Brazil
| License | Media Use |
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| Photographer / Source | Panalpina |
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New rules on ship emissions that are coming into force on January 1, 2020, are already starting to have an impact on the ocean freight industry. Cargo owners are affected in two major ways: increased cost and potential supply chain disruptions. Panalpina is here to support customers in the transition. Download the graphic here.
For an overview of the Panalpina Integrated Management Report 2017, see the microsite at http://annualreport.panalpina.com/. Users can build their own reports by choosing individual sections or can download the entire report.
For an overview of the Panalpina Integrated Management Report 2016, see the microsite at http://annualreport.panalpina.com/. Users can build their own reports by choosing individual sections, or can download the entire report. The report is available in English only, and in keeping with Panalpina’s focus on lowering its environmental impact, printed copies will no longer be distributed.
The new international box weighing rules for ocean freight are now in effect, stipulating that shippers of a packed container are responsible for determining and declaring the verified gross mass (VGM) per container prior to defined cut-off times. This infographic illustrates the process shippers have to follow, and explains how to determine VGM and submit the data to Panalpina.
