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, the world’s fourth biggest ocean freight forwarder by transport volumes, and CMA CGM, one of the world’s leading shipping groups, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025. As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.
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 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.
Panalpina brings to the market another industry first with the Less than Container Load (LCL) Ocean Freight hub in Cartagena, Colombia, which connects services in Europe, Asia and Latin America with Central America and the Caribbean. Operated entirely by Panalpina, this new development offers customers more than 30 new LCL services, reduced transit times and greater coverage.
Panalpina has opened a new, purpose-built logistics center in Singapore. Strategically located at Pioneer View, the facility offers 25,800 m2 of usable warehouse space, a unique yard and container storage on the rooftop, state-of-the-art automation and air conditioning on all six floors.
Ballett Zürich was invited to perform Anna Karenina as a high profile guest at the 46th Hong Kong Arts Festival (HKAF), which took place from February 23 to March 24, 2018. Opernhaus Zürich, home to the company, tasked Panalpina with the transportation of all its theatrical equipment, including stage setting and costumes, from Zurich to Hong Kong.
Panalpina Energy and Project Solutions executed another #MajorMove with two port-to-door shipments for one of Brazil’s leading ceramics makers. The move included ocean and overland transportation of an industrial mill and a hydraulic press from Genoa, Italy, to Paranaguá, one of the main gateways in southern Brazil, as well as the installation of both machines in Tijucas, Santa Catarina.
What is the best address in Weiterstadt? Hang on; you don’t know where Weiterstadt is? Well, as the name implies, Weiterstadt is a city (= Stadt) in Germany, right next to Darmstadt and a few kilometers south of Frankfurt Airport. Many would argue that Schloss Braunshardt is the best address in this city of 25,000 souls. The 18th century castle is undoubtedly a fine address, but...
Fruit Logistica 2018 in Berlin is history, but the global appetite for perishables persists. On the first day of the most important exhibition for the international trade of fresh produce, Panalpina’s Colin Wells elaborated on the global trends for the supply and demand of fruits and vegetables. Learn more and don't miss out on the new bonus video!
Imagine a world in which products plan their own journeys around the globe. Panalpina and Bosch are working on the solution. In his keynote presentation during this year’s Bosch Connected World, Panalpina CEO Stefan Karlen, provided a public demonstration of how the latest IoT technologies in use and those being developed will shape tomorrow’s supply chains – IoT connected supply chains.
This year’s top Internet of Things (IoT) event is around the corner. Bosch Connected World will take place February 21-22 at STATION-Berlin. The purpose of the conference is to provide the inspiration, education, and connections needed to thrive in IoT. In the spirit of interconnectedness, we are sharing five stories that look at the present and future of IoT so that you can warm up to the event .
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.
The 176-ton state-of-the-art hydraulic press Imola PH 7500 is reassembled at destination.
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The 32-ton SACMI MTD drum mill after final lifting
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The 32-ton SACMI MTD drum mill at installation point 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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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.
Condensed consolidated interim financial statements
