| 08/17/2010 |
|
| Panalpina inaugurates first dedicated Oil and Gas Logistics Facility in Singapore |
| It is the first such facility by a global freight forwarder to offer sophisticated Supply Chain Management (SCM) solutions and services for the oil and gas industry |
 |
| 08/16/2010 |
|
| Panalpina awarded HTC airfreight business contract |
| HTC Taiwan, one of the fastest growing companies in the mobile sector, has selected Panalpina to handle its airfreight export and import business from and to Hong Kong, Shanghai and Taipei for a second straight year. |
|
| 08/04/2010 |
|
| Panalpina gains market share and significantly improves profitability |
| In the second quarter of 2010, the Panalpina Group posted substantial growth in forwarding volumes in both air freight (+36%) and ocean freight (+19%), gaining market share in both segments. At the same time, the company increased profitability per freight unit quarter-on-quarter and was able to keep costs tightly under control. The settlement negotiations with the U.S. authorities should be concluded in the second half of the year. In the second quarter, Panalpina set aside a CHF 128 million compliance provision to cover expected fines and future compliance consultancy costs. |
|
| 08/03/2010 |
|
| Panalpina Japan and YAS: Implementation of new cooperation agreement on track |
| The realignment of the successful cooperation between Panalpina Japan and the NYK subsidiary Yusen Air & Sea Service is proceeding according to plan. According to an agreement between the Panalpina Group and the NYK Group, Panalpina Japan will in-source its airfreight export operations this month and the airfreight import operations in early 2011. |
|
| 08/02/2010 |
|
| U.S. Authorities settle civil complaint against Panalpina |
| Among other parties, Panalpina Houston had been named as a defendant in a qui tam civil complaint filed several years ago by a private party on behalf of the U.S. Government. In the complaint it is alleged that, in connection with the provision of logistics services, a former employee of Panalpina has provided unlawful entertainment to employees of a customer. According to a settlement agreement reached with the U.S. Authorities, Panalpina will pay USD 375,000. |
|
| 07/26/2010 |
|
| Panalpina appoints Thomas Niederer new Global Head of Road and Rail |
| Panalpina has appointed Thomas Niederer as Global Head of Road and Rail to further strengthen its global products with a special focus on Europe and the Middle East. |
|
| 07/16/2010 |
|
| Panalpina appoints Chris Kent new Global Head of Panprojects |
| Chris Kent has been appointed as the new Global Head of Panprojects, a wholly-owned Panalpina subsidiary. He joined Panalpina in 2002 and has successfully managed Panprojects UK as Divisional Director. Panprojects is part of the worldwide logistics and transportation network of the Panalpina Group. |
|
| 07/09/2010 |
|
| Panalpina launches four new ocean freight services from Asia to Israel |
| Customer demand for premium LCL (less than container load) ocean freight services from Asia to Israel has been growing in recent months. By launching four new services from the Chinese ports of Hong Kong, Yantian, Ningbo and Shanghai to Ashdod, Panalpina considerably upgrades its LCL ocean service portfolio on this trade lane. |
|
| 06/22/2010 |
|
| Panalpina awarded by Ericsson |
|
|
| 06/09/2010 |
|
| Panalpina begins operations in new Dubai facility |
|
|
| 05/19/2010 |
|
| Panalpina and Cargill renew collaboration |
|
|
| 05/04/2010 |
|
| Annual General Meeting 2010 approves all BOD proposals |
| The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 4 May 2010, was well attended. The participating shareholders represented 59.54 % of the share capital. All proposals of the Board of Directors were approved by a clear majority. Also with a clear majority elected were the new BOD members Chris E. Muntwyler, Dr. Hans-Peter Strodel and Dr. Beat Walti. |
|
| 04/29/2010 |
|
| Panalpina with strong volume growth in first quarter 2010 |
|
|
| 04/21/2010 |
|
| Update: European air traffic disrupted by ash spewing from Iceland volcano |
|
|
| 04/16/2010 |
|
| European air traffic disrupted by ash spewing from Iceland volcano |
|
|
| 04/13/2010 |
|
| Panalpina supports Nintendo distribution in Chile |
|
|
| 04/12/2010 |
|
| Successful heavy lift airfreight transport to China |
| The global forwarding and logistics service provider Panalpina has chartered an Antonov AN 225 freighter aircraft in order to ensure the safe and smooth transportation of high-tech machinery from Germany to China. The loading took place on April 9 at the airport in Hamburg. On April 10, the cargo was safely offloaded in Shijiazhuang. |
|
| 04/09/2010 |
|
| MK Airlines is temporarily suspending its operation |
|
|
| 04/06/2010 |
|
| Panalpina achieves ISO 14001:2004 Global Environmental Certification |
| Experts from the leading inspection and certification company SGS have audited 80 country organizations of Panalpina, the global forwarding and logistics service provider. After completing the thorough audit process, SGS has granted Panalpina the Global Environmental Certification to the standard ISO 14001:2004. |
|
| 03/11/2010 |
|
| Panalpina with strong free cash flow generation and stringent cost control but lower volumes and gross profit |
|
|
| 03/09/2010 |
|
| Panalpina Los Angeles grows to meet supply chain service demands |
|
|
| 02/18/2010 |
|
| Panalpina launches two new ocean freight services |
| Panalpina offers two new LCL (less than container load) services to its ocean freight customers. By adding seamless connections between Belgium and the USA as well as between China and Poland, the company reacts swiftly to an ever growing demand for improved end-to-end services. |
|
| 02/10/2010 |
|
| Panalpina receives Statement of Objections from the European Commission |
|
|
| 02/04/2010 |
|
| Panalpina appoints Alan G. Votaw as Head of industry vertical Automotive |
| Alan G. Votaw has been appointed as the head of the competence centre for the automotive industry vertical by the Panalpina Group. Automotive is one of Panalpina’s core industry groups within the customer portfolio, which also comprises oil and gas, telecommunications, hi-tech, retail and fashion and health care (pharmaceuticals and chemicals). |
|
| 01/26/2010 |
|
| Panalpina opens office in Murmansk, Russia |
|
|
| 01/26/2010 |
|
| Panalpina handles Samsung ocean freight and warehousing |
|
|
| 12/09/2009 |
|
| Panalpina commenced settlement discussions with the US Department of Justice |
| The investigation by the global forwarding and logistics Group Panalpina in connection with alleged violations of the Foreign Corrupt Practices Act (FCPA) mainly in Nigeria is nearing completion. |
|
| 12/04/2009 |
|
| Volex entrusts Panalpina with their Global Freight Management |
| The Volex Group - a world leading producer of high speed, fiber optic and complex cable assemblies as well as electrical power cords - has awarded its Global Freight Management to Panalpina. |
|
| 11/26/2009 |
|
| Panalpina nominated by VSB |
|
|
| 11/18/2009 |
|
| Panalpina receives award from Sigma-Aldrich |
|
|
| 11/05/2009 |
|
| Panalpina reports a 39% increase in free cash flow despite lower volumes and gross profits |
| The Panalpina Group significantly increased its transport volumes in the third quarter of 2009 compared to the second quarter of 2009. Air freight volumes grew by 10% and ocean freight volumes by 13%. Compared to the first nine months of 2008, free cash flow increased by 39% to CHF 161 million despite 18.5% lower gross profits. In terms of operating costs, Panalpina is well on track to achieve the previously announced full year CHF 130 million reduction. |
|
| 10/26/2009 |
|
| Panalpina and Atlas Air extend their cooperation |
| The global forwarding and logistics group Panalpina and its long-time airline partner Atlas Air have renewed their cooperation agreement. Within this cooperation, Panalpina provides own-controlled capacity between Europe, North America and Mexico and links the company’s Oil & Gas hubs. The capacity of the service called “Dixie Jet” is managed by Panalpina while the Boeing 747F freighter aircrafts are operated by Atlas Air. |
|
| 10/23/2009 |
|
| Panalpina Japan celebrates its 40th anniversary |
| 40 years ago Panalpina established its first delegation office in Tokyo. In the meantime the company operates offices also in Osaka, Narita, Nagoya and Fukuoka. Coinciding with the forty-year anniversary, Panalpina Japan is gearing up to change its status from a commercial delegation to a completely operational entity. |
|
| 10/21/2009 |
|
| While transport volumes have picked up significantly, gross profit performance falls short of the previous quarter |
| Panalpina, the global transport and logistics group, significantly increased its transport volumes in the air and ocean freight segments in the third quarter of 2009 as compared with the second quarter. That said, based on a 9-month comparison, volume growth and gross profit performance remained significantly below expectations. The cost development is in line with the objectives communicated by the company. |
|
| 10/08/2009 |
|
| Panalpina awarded business by Giochi Preziosi |
|
|
| 09/22/2009 |
|
| Panalpina awarded business by KRONES |
|
|
| 09/03/2009 |
|
| Panalpina wins KCA DEUTAG Global Freight Tender |
|
|
| 08/18/2009 |
|
| Panalpina awarded business by Thomson Mexico |
|
|
| 08/10/2009 |
|
| Panalpina Japan goes operational |
| Panalpina and the NYK Group have agreed to realign the level of their current cooperation in Japan. Panalpina Japan will entirely in-source the air and ocean freight operations effective January 2010. In line with an earlier agreement communicated in February 2007, Panalpina will continue to represent the NYK subsidiary Yusen Air & Sea Service interests in various countries. |
|
| 08/05/2009 |
|
| Panalpina achieves a solid result in a difficult market environment |
| Thanks to strict cost management and a consistently implemented cost-cutting program, the Panalpina Group succeeded in significantly reducing its cost base year-on-year and as a result was able to compensate for the fall in volume. Compared to the prior-year period, free cash flow increased by 175%, and compared to the first quarter of 2009, air freight volume rose in the second quarter of 2009 by 3%, ocean freight by 8%. A large number of new business deals in the SME customer segment failed to compensate for the falloff in volume from large customers. Currency fluctuations had a negative impact on results. Gross profit fell by 15% compared with the same period in 2008 (-11.5% in local currency terms). Net earnings for the first six months amounted to CHF 16.9 million. |
|
| 07/27/2009 |
|
| Panalpina disputes shareholder compensation complaint |
|
|
| 07/24/2009 |
|
| Panalpina Southeast Asia awarded by the Frost & Sullivan Transportation & Logistics Best Practices Research |
| Panalpina received three prestigious awards at the Frost & Sullivan Asia Pacific Transportation and Logistics Awards Ceremony 2009 confirming the company’s strong presence in this key region. |
|
| 06/09/2009 |
|
| Panalpina with direct tarmac access at Amsterdam Schiphol airport |
| Panalpina has moved its offices and warehouse to a brand new location at Amsterdam Schiphol airport featuring over 12,000 square metres of space, making it the first ever logistics provider to have direct access to the tarmac. Using “Vrachtgebouw Nr. 18” (VR 18) will enable Panalpina to speed up its ground handling activities and improve the security of the supply chain, thus generating added value for customers. |
|
| 05/08/2009 |
|
| Panalpina chosen as Huawei's prime LSP |
|
|
| 05/05/2009 |
|
| Annual General Meeting 2009 approves all proposals of the Board of Directors |
| The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 5 May 2009, was well attended once again. The participating shareholders represented 53,4 % of the share capital. All motions proposed by the Board of Directors were approved by a clear majority. |
|
| 04/29/2009 |
|
| Panalpina achieves considerable cash flow increase |
| The Panalpina Group more than quadrupled free cash flow and grew gross profit per unit of cargo well above 20% in the first quarter 2009. In a very difficult market environment, the company’s gross profit declined by 11,4% compared to the same period of 2008 (-7.7% in local currencies). The implemented cost-cutting program shows encouraging results and is in line with the previously announced target of CHF 130 million savings until the end of the year. Net earnings decreased to CHF 1.9 million. |
|
| 04/14/2009 |
|
| Panalpina celebrates the opening of its new office premises in Ho Chi Minh City |
| Panalpina, the global forwarding and logistics service provider, has opened a brand new office in Ho Chi Minh City. Panalpina CEO Monika Ribar officially inaugurated the new location, stating that the Group will continue its well proven growth strategy in Vietnam. In her speech of welcome she also highlighted the great strategic importance of Vietnam for the entire Group. |
|
| 03/12/2009 |
|
| Panalpina gains market share in 2008 |
| Organic growth despite a challenging market environment |
|
| 02/12/2009 |
|
| Panalpina celebrates the opening of its new logistics complex in Singapore |
| The new Distribution and Logistics Center was formally inaugurated by Panalpina CEO Monika Ribar, whose speech of welcome highlighted the great strategic importance of Singapore to the Panalpina Group – in the future as in the past. |
|
| 01/28/2009 |
|
| Monika Ribar inaugurates the Yendi Eye Clinic in Ghana |
| Panalpina CEO Monika Ribar recently returned from her visit in Ghana where she was invited to inaugurate the Yendi Eye Clinic funded by Panalpina, the multinational logistics group. The event was organized by the Swiss Red Cross, the Ghana Red Cross Society and Ghana Health Gratitude. |
|
