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  • May 15, 2013

    Annual General Meeting 2013 approves all BoD proposals

    The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on May 15, 2013, was attended by shareholders representing 56.58% of the share capital. All proposals of the Board of Directors were approved by a clear majority. Peter Ulber made his first public appearance as Panalpina’s designated CEO.

  • May 7, 2013

    Panalpina reports a first quarter profit

    The Panalpina Group returned to profit in the first quarter of 2013 after a loss in the last year. The provider of supply chain solutions reported a consolidated profit of CHF 14 million for the first three months of the year. Net forwarding revenue increased by 4% to CHF 1,602 million and gross profit by 0.5% to CHF 366 million compared to the previous year. While the Air Freight division continued to struggle in a shrinking market, the Ocean Freight division grew comfortably above market. The Logistics division also pursued its growth path.

  • Apr 29, 2013

    Panalpina executives elected to boards of TIACA and Cargo 2000

    Two Panalpina Air Freight executives have been elected to the boards of two global air cargo associations. Lucas Kuehner joins the board of The International Air Cargo Association (TIACA) and Jeannette Goeldi joins the board of Cargo 2000 (C2K). Their election ensures Panalpina remains at the forefront of important industry initiatives.

  • Apr 17, 2013

    New member for Panalpina’s Board of Directors proposed

    Panalpina’s Board of Directors proposes Dr. Ilias Läber for election as a new member of the Board of Directors at the upcoming Annual General Meeting of May 15, 2013. Läber is to replace Lars Förberg who decided not to stand for reelection. Both Läber and Förberg are representatives of Cevian Capital, Panalpina’s second biggest shareholder. Läber (39), a Swiss national, is a partner and Managing Director of Cevian Capital AG.

  • Apr 3, 2013

    Management change at Panalpina: from Monika Ribar to Peter Ulber

    Monika Ribar, CEO of Panalpina, one of the world’s leading freight forwarding and logistics companies, will step down at the end of May 2013. Her successor is the internationally widely recognized freight forwarding expert and former Kuehne + Nagel management board member Peter Ulber (53). This change in CEO has been planned and prepared by the Board of Directors of Panalpina World Transport (Holding) Ltd and Monika Ribar as part of the company’s on-going succession process. Monika Ribar, who in addition to her role as CEO of Panalpina already serves on other companies’ boards of directors, plans now to turn her focus more on these non-executive managerial roles for the foreseeable future.

  • Mar 21, 2013

    Panalpina and Cardiff Business School in search of the ‘hidden formula’ for lean inventories

    Global logistics and freight forwarding company Panalpina and Cardiff Business School, Cardiff University in Wales (UK), have agreed a strategic partnership for knowledge transfer. The partnership brings academic thinking and practical experience together to develop innovative solutions in the world of logistics. One of the goals is to develop new ideas and implement lean practices to facilitate the management and execution of complex supply chains within the framework of the product life-cycle.

  • Mar 6, 2013

    Panalpina reports disappointing full-year results despite progress in Ocean Freight and Logistics

    The Panalpina Group looks back on a challenging year. Panalpina’s exposure to Air Freight and Europe-related trade lanes meant that Group gross profit did not gain altitude in the past year. While gross profit remained practically unchanged at CHF 1,465 million, higher costs and various non-recurring charges totalling CHF 114 million impacted the bottom line. The provider of supply chain solutions reported a Group loss of CHF 70 million. While Air Freight disappointed, Logistics and Ocean Freight did better. Ocean Freight grew twice as fast as the market with volumes reaching a new record high of almost 1.4 million shipped containers. In view of the healthy net cash position, Panalpina plans an unchanged dividend payment of CHF 2.00 per share.

  • Feb 25, 2013

    Panalpina is first in industry to be globally certified to OHSAS 18001 Health and Safety

    Experts from leading inspection and certification company SGS have audited the forwarding and logistics services provider Panalpina across the globe. After completing the thorough audit process, SGS has granted Panalpina global OHSAS 18001: Health and Safety certification. Panalpina is the first and only multinational provider of supply chain solutions to achieve this certification globally. In addition, Panalpina was recertified globally to the standards ISO 9001: Quality and ISO 14001: Environment.

  • Jan 4, 2013

    New Regional CEO appointed

    Panalpina today announced that Stefan Karlen, Managing Director Southeast Asia, has been appointed Regional CEO Asia Pacific with immediate effect. His predecessor Marco Gadola will be leaving the company to pursue a career opportunity outside of the logistics industry.

  • Dec 21, 2012

    Panalpina expects goodwill impairment

  • Nov 2, 2012

    Mixed results for Panalpina in the third quarter

    The third quarter of 2012 showed mixed results for the Panalpina Group. Gross profit increased by 7% year-on-year, driven by a solid performance in Logistics and Ocean Freight, but it was negatively impacted by a weak performance in Air Freight. Following a disclosure of preliminary figures in October, the Group today confirmed that the EBITDA came in at CHF 18 million.

  • Oct 31, 2012

    Panalpina is now also officially GDP certified at Brussels Airport

    Panalpina’s operations at Brussels airport are the latest to obtain official GDP (Good Distribution Practice) certification. Having not only fully GDP compliant but also officially GDP certified facilities at strategic locations around the globe, is part of the company’s strategy to service its growing customer base in the healthcare industry.

  • Oct 22, 2012

    Panalpina tests new waters to help healthcare companies work together and save costs

    Panalpina, one of the world’s largest freight forwarding and logistics companies, says its customers in the healthcare industry could make significant cost savings in their supply chains by working together, such as by sharing transport space.

  • Oct 15, 2012

    Panalpina responsible for automotive spare parts logistics in Brazil

    As one of the world's leading providers of supply chain solutions, Panalpina has assumed responsibility for BMW's spare parts logistics operations in Brazil with immediate effect. Panalpina will run a new distribution center for the automotive manufacturer in the country.

  • Oct 12, 2012

    Further weakening of Air Freight volumes impacts Panalpina’s profitability

    Preliminary financial figures for the third quarter of 2012 indicate that the EBITDA of the Panalpina Group will come in at between CHF 15 and 20 million, which already incorporates a one-off extraordinary charge of CHF 12 million. Profitability was negatively impacted by disappointingly weak Air Freight volumes (-8% year-on-year) and a higher cost base. In September, the Group recorded particularly low Air Freight volumes.

  • Sep 11, 2012

    Ocean Freight: Panalpina with new direct LCL services from Asia to Europe

    Panalpina has launched three new direct Less than Container Load (LCL) services from Asia to Europe. Operated by Pantainer Express Line, the weekly guaranteed services from Singapore to Prague (Czech Republic), Singapore to Budapest (Hungary) and Shanghai to Graz (Austria) cut transit times and CO2 emissions.

  • Aug 14, 2012

    Temperature-controlled shipping: Panalpina gears up for growing demand

    One-fifth of Panalpina’s air cargo moved on specific routes within its own controlled air freight network today is temperature sensitive cargo. Each temperature-controlled shipment is equipped with RFID (radio-frequency identification) sensors, from pick-up to final delivery if desired. Demand for such shipments is rising, not only in the healthcare but other industries as well. As a consequence, Panalpina is extending its cool chain network with SmartView technology to ensure seamless monitoring, control and documentation. For the best possible transparency, SmartView is also being integrated into the company’s IT platforms.

  • Aug 9, 2012

    Panalpina appoints CIO

    Panalpina, one of the world's leading providers of supply chain solutions, has appointed Rod Angwin (52) as its Chief Information Officer (CIO). Angwin has over 30 years of IT experience in a number of major retail and consumer brands. One of the CIO’s most important tasks at Panalpina will be to define and roll out industry-specific customer facing IT solutions.

  • Jul 31, 2012

    Panalpina outperforms market in second quarter

    In the second quarter of 2012, the Panalpina Group achieved a gross profit of CHF 363 million. This was only slightly below the previous year (-2%), despite a globally receding air freight market and several rate increases by ocean carriers that put pressure on margins. Panalpina’s volume growth in both Ocean and Air Freight was above the average market growth. Due to continued cost discipline EBITDA could be kept stable at CHF 34 million quarter-on-quarter. The Group achieved a consolidated profit of CHF 17 million.

  • Jul 25, 2012

    Panalpina’s second Boeing 747-8 Freighter enters service

    The second of two brand-new Boeing 747-8 Freighters enters scheduled service within Panalpina's unique own controlled air freight network. The aircraft in Panalpina livery was delivered to Atlas Air, Inc., yesterday at Boeing’s manufacturing facility in Everett, Washington, and went into operation for Panalpina today.

  • Jul 10, 2012

    Ocean Freight: Panalpina adds new LCL services from Japan to Singapore

    Panalpina today announced the launch of three new direct Less than Container Load (LCL) services from Japan to Singapore, the world’s second largest container port. The new guaranteed weekly services from Kobe, Nagoya and Tokyo are operated by Panalpina’s in-house carrier Pantainer Express Line. The new services into Singapore seamlessly connect Japan to Panalpina’s global LCL network.

  • Jul 4, 2012

    Panalpina establishes four Logistics Competence Centers across the globe

    The increasing pressure for companies to maximise efficiency in their supply chains places more emphasis upon their supply chain partners to create new and innovative solutions to help support their efforts in this task through the entire product life cycle. Panalpina addresses this need with four new Logistics Competence Centers and a Supply Chain Solutions Center with dedicated experts.

  • May 31, 2012

    Panalpina’s first brand-new Boeing 747-8 Freighter takes to the skies

    The first of two brand-new Boeing 747-8 Freighters enters scheduled service within Panalpina's unique own controlled air freight network. The aircraft in Panalpina livery – a first in the company's history – was handed over to Panalpina yesterday on the occasion of a festive out-of-hangar event at Boeing’s manufacturing facility in Everett, Washington.

  • May 10, 2012

    Panalpina is first and only officially GDP certified Logistics Service Provider at Schiphol Airport

    Pharmaceutical companies are facing increasing challenges in the coming years to comply with official and country-specific rules for storing and transporting their temperature-sensitive products. For that reason, Panalpina, a leading provider of supply chain solutions, continues to obtain GDP (Good Distribution Practice) certifications at strategic locations around the globe.

  • May 8, 2012

    Annual General Meeting 2012 approves all BoD proposals

    The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on May 8, 2012, was attended by shareholders representing 57.98% of the share capital. All proposals of the Board of Directors were approved by a clear majority.

  • May 4, 2012

    EU fine turns operating profit into loss

    Provisions for the EU and Swiss antitrust fines of CHF 59 million resulted in a loss of CHF 40 million for the Panalpina Group in the first quarter of 2012. Panalpina has decided to appeal the European Commission’s decision to the European General Court. The Group reported a gross profit decrease of 3% (+1% currency adjusted) compared to the first quarter of 2011. Gross profit margin increased to 23.6%. Volumes in Ocean Freight reached a record high and continued to outperform the market (+7% year-on-year). Volumes in Air Freight were affected by a negative market and the profitability restoration program (-8% year-on-year).

  • May 3, 2012

    Logistics: Panalpina and RedPrairie enter into strategic partnership

    Panalpina and RedPrairie have entered into a strategic partnership which enables Panalpina to utilize RedPrairie’s comprehensive suite of powerful supply chain applications. With RedPrairie’s proven technology and support services, Panalpina can strengthen its offering of Value-Added Logistics Services (VAS). The strategic partnership will allow Panalpina, a leading provider of supply chain solutions, to drive automation and efficiency within its Logistics product division.

  • Mar 28, 2012

    EU Commission fines several freight forwarding companies

    In 2007, the EU Commission started investigations into alleged antitrust violations within the freight forwarding industry. Today, the Commission has decided on the fines that various freight forwarding companies are to pay for anti-competitive behaviour prior to 2008. Panalpina was ordered to pay a penalty of EUR 46.5 million.

  • Mar 14, 2012

    Ocean Freight: Panalpina launches four new LCL services in Latin America

    Panalpina, one of the world’s leading providers of supply chain solutions, has launched four new direct Less than Container Load (LCL) services in Latin America through its in-house carrier Pantainer Express Line. The new guaranteed weekly and bi-weekly services will connect Buenaventura (Colombia) with Guayaquil (Ecuador) and Colon (Panama) as well as Santos (Brazil) with Colon and Veracruz (Mexico) with La Guaira (Venezuela). Transit time from Mexico to Venezuela is reduced by 15 days.

  • Mar 7, 2012

    Panalpina reports a successful 2011

    The Panalpina Group can look back on a successful 2011. The provider of supply chain solutions further expanded its profit margins and achieved a consolidated profit of CHF 127 million. Currency adjusted, gross profit increased by 12% year-on-year, supported by organic growth across all regions and product divisions. The EBITDA-to-gross profit margin increased to 14.4%. The Group also generated a strong free cash flow of CHF 153 million before money market investments and acquisitions. It plans to distribute a dividend of CHF 2.00 as well as a nominal value payback of CHF 1.90 per share.

  • Feb 24, 2012

    Panalpina appoints new CFO and regional CEO Americas

    Panalpina today announced two key executive hires. Robert Erni (45) is to become the new Chief Financial Officer of the Group. Ferdinand Kurt (59) is to become the new regional CEO for the Americas. Both have an extensive track record in the freight forwarding and logistics industry.

  • Jan 25, 2012

    Ocean Freight: Panalpina adds further Intra Asia LCL services

    Panalpina, one of the world’s leading providers of supply chain solutions, today announced the launch of six new direct Less than Container Load (LCL) services through its in-house carrier Pantainer Express Line. The new guaranteed weekly services all run out of Shanghai (China), separately connecting to Keelung (Taiwan), Manila (Philippines), Ho Chi Minh City (Vietnam), Bangkok (Thailand), Singapore and Jakarta (Indonesia). The new services meet increased customer demand for reliable LCL solutions on the Intra Asia trade.

  • Jan 24, 2012

    Panalpina’s new logistics center in Moscow aims at high-value cargo

    Panalpina continues to expand and insource its Logistics offering. The provider of supply chain solutions has opened a new state-of-the-art logistics center on the outskirts of Moscow. It offers 6,000 m2 of storage area. 2,500 m2 are dedicated to cross-docking activities and close to 1,500 m2 to Value-Added Logistics Services (VAS). The new logistics center with a 360 degree service offering will improve efficient and secure cargo flow into Russia for Panalpina’s customers.

  • Jan 23, 2012

    Panalpina is awarded global E&P contract with BP

    BP and Panalpina will join hands to design a best-in-class oil and gas freight forwarding supply chain. The two companies have signed a strategic services master agreement that will tap into Panalpina’s vast Oil and Gas and Panprojects experience. The scope of the multiyear agreement comprises transportation services for air, ocean, road and rail, industrial projects, freight management and other logistics services connected with the exploration and production of oil and gas.

  • Dec 20, 2011

    Panalpina is expanding its logistics footprint in China

    Panalpina, one of the world’s leading providers of supply chain solutions, has opened a new logistics center in the Chinese city of Tianjin. The Tianjin Logistics Center marks an important milestone in the company’s forward strategy to extend its Value-Added Logistics Services (VAS) capabilities not only in China but throughout the world. The Tianjin Logistics Center also reflects the strategic partnership between Panalpina and Bosch Automotive Diesel Systems Co., Ltd.

  • Dec 9, 2011

    Panalpina shifts power of decision closer to customer base

    The Panalpina Group is putting in place three regional CEOs. The key role of the regional CEOs (RCEOs) for Europe/Middle East, Asia Pacific and the Americas will be to implement the recently defined Corporate Strategy 2014. Marco Gadola, Chief Financial Officer, will become the RCEO Asia Pacific. Volker Boehringer, Area Manager Central Europe, will become the RCEO Europe/Middle East. The search for the RCEO Americas as well as the new CFO is under way. The changes will come into effect in the first half of 2012.

  • Dec 5, 2011

    Ocean Freight: Panalpina launches two new direct LCL services from Asia to Poland

    Panalpina, one of the world’s leading providers of supply chain solutions, today announced the launch of two new own operated direct Less than Container Load (LCL) services through its in-house carrier Pantainer Express Line. The new guaranteed weekly services are from Keelung (Taiwan) and Busan (South Korea) to Wroclaw (Poland). The new services reduce transit times by two days and CO2 emissions by as much as 6.9%.

  • Nov 3, 2011

    Panalpina’s focus on profitable growth shows in strong third quarter results

    The Panalpina Group reported strong results for the third quarter of 2011. Currency adjusted, gross profit increased by 11% year-on-year, supported by organic growth across all regions and segments. Volumes outpaced the market in Ocean Freight and gained traction in Air Freight. The strength of the Swiss franc continued to have a significant adverse effect on the financial results of the Group.

  • Oct 21, 2011

    Air Freight: Panalpina is Cargo 2000 «Phase 1» certified

    Panalpina has announced that the Group is now Cargo 2000 certified for Phase 1. Cargo 2000 is an industry initiative in three phases aiming at implementing a quality management system for the worldwide air cargo industry across multiple stake-holders. Phase 1 manages airport-to-airport, Phase 2 door-to-door shipments. Phase 2 certification is expected to follow in 2013, in line with the roll-out of a strategic IT initiative at Panalpina.

  • Oct 12, 2011

    Continued growth in India: Panalpina opens Ludhiana branch

    Panalpina continues to grow rapidly in India. Only two weeks after opening a branch in Jaipur, Rajasthan, the company has today opened another branch in Ludhiana, Punjab.

  • Oct 3, 2011

    Supply Chain Analytics becoming more and more important

    Capgemini Consulting, Penn State University, Heidrick & Struggles and global logistics provider, Panalpina, today announced the findings of the 16th Annual Third-Party Logistics (3PL) Study, examining the global market for outsourced logistics. The report reveals that already 51% of 3PLs provide supply chain consultancy services. However, only 11% of companies are getting supply chain consultancy services from 3PLs. The full report as well as the joint media release with the key findings can be downloaded from www.3plstudy.com.

  • Sep 29, 2011

    Panalpina opens Jaipur branch in India

    Panalpina further expands into north India by opening an office in Jaipur, Rajasthan. Rajasthan State and especially Jaipur, which is being developed as a Special Economic Zone, is home to many existing and potential Panalpina customers.

  • Sep 23, 2011

    Ocean Freight: new Panalpina Intra Asia LCL services ease access to Singapore hub

    Panalpina, one of the world’s leading providers of supply chain solutions, today announced the launch of three new direct Less than Container Load (LCL) services through its in-house carrier Pantainer Express Line. The new guaranteed weekly services are connected to the Asian key hub in Singapore. They are Singapore inbound from Haiphong (Vietnam), Phnom Penh (Cambodia) and Cebu (Philippines). All new services play part in Panalpina’s Asian growth strategy.

  • Sep 15, 2011

    Panalpina spearheads air freight innovation by upgrading to latest generation Boeing 747-8 cargo aircraft

    Panalpina and Atlas Air have signed a new multi-year aircraft, crew, maintenance and insurance (ACMI) contract for two leading-edge technology Boeing 747-8F. The aircraft will enter service in the first half of 2012 and operate in Panalpina’s unique own controlled air freight network, replacing the two current Boeing 747-400F. Compared to the 747-400F, the industry’s newest freighter has 16% additional cargo volume but is expected to have the lowest carbon dioxide emissions in its class. With the new aircraft, Panalpina is optimally set up to meet industry specific requirements and the increasing demand for large-freighter capacity, especially in the Healthcare, Hi-Tech, Automotive and Oil and Gas industries.

  • Aug 30, 2011

    Panalpina introduces a new Intra Asia service

    Traditionally, there have been only two main choices for cargo flows between China and Southeast Asia: costly air freight, or slower ocean freight. Now, Panalpina is introducing a new alternative solution: Intra Asia road transport, connecting China, including Western China, with Vietnam, Laos, Thailand, Malaysia and Singapore. Value Added Services include customs clearance with on-site staff and close security monitoring.

  • Aug 17, 2011

    Ocean Freight: Panalpina launches three new direct services from Asia to Rotterdam

    Panalpina, one of the world’s leading providers of supply chain solutions, today announced the launch of three new own operated direct Less than Container Load (LCL) services through its in-house carrier Pantainer Express Line. The new guaranteed weekly services, Shanghai to Rotterdam, Hong Kong to Rotterdam and Singapore to Rotterdam will further optimize the supply chain between Asia and Europe. Compared to previous routings the new services reduce transit times by two to four days and CO2 emissions by as much as 6.5%.

  • Aug 4, 2011

    Panalpina improves profitability in first half of 2011

    Half way into 2011, the Panalpina Group reported further organic gross profit growth despite a slowing environment. In the second quarter of 2011, gross profit decreased by 2% year-on-year to CHF 371 million. Currency adjusted it increased by 10%, supported by organic growth across all regions and segments, especially in North and Latin America. Panalpina’s focus on profitability affected volumes. Also, the strength of the Swiss franc had a considerable impact on the financial results of the Group.