Post Tagged with: "Panalpina"

Panalpina warns shippers to book now to offset early peak-season congestion

Panalpina warns shippers to book now to offset early peak-season congestion

July 27, 2017 at 5:53 pm 0 comments

Panalpina is warning shippers to book early to avoid higher rates and delays, as the Swiss forwarding and logistics company moves to accommodate an early peak season. This year’s Far East peak season is expected to start earlier than the global peak, and may be even stronger than the alreadyRead More

Profits fall at Panalpina as shippers balk at higher rates

Profits fall at Panalpina as shippers balk at higher rates

July 20, 2017 at 5:56 pm 0 comments

Panalpina did its best to present its lackluster second-quarter results as upbeat, but the Swiss logistics company is running up against shipper’s reluctance to pay higher rates, which pushing down yields. The company reported first-half gross profit down 9 percent, at US$707 million. Citing higher freight rates and ongoing marginRead More

Panalpina implements new WMS in half of its warehouses

Panalpina implements new WMS in half of its warehouses

February 17, 2017 at 6:55 pm 0 comments

Panalpina has implemented a single warehouse management system (WMS), known as JDA, across 50 of its logistics facilities around the world, representing about half of its warehouses worldwide. Two weeks ago, the 50th site, in Lyon, France, went live with the JDA WMS. Shortly before that, JDA was implemented atRead More

On the rails: Growth in Asia’s slower lane

On the rails: Growth in Asia’s slower lane

February 9, 2017 at 6:58 pm 0 comments

Last October the British and Chinese governments agreed to allow more than double the number of passenger flights between the two nations and threw the door open to unlimited cargo flights. To date, however, no air carrier has availed itself of the opportunity. Instead, rail, as well as rival ground-basedRead More

Panalpina commits to shrinking carbon footprint

Panalpina commits to shrinking carbon footprint

December 19, 2016 at 6:49 pm 0 comments

Panalpina has pledge to make a 20 percent reduction in its emissions by 2025, based on 2013 levels, joining 31 other companies that have committed to meet reduction targets approved by the Science Based Target Initiative (SBTI). The Swiss forwarder the targets will apply to “direct emissions from owned orRead More

Can modest Shenyang Airport live up to its lofty ambitions?

Can modest Shenyang Airport live up to its lofty ambitions?

December 7, 2016 at 6:57 pm 0 comments

Hong Kong’s premier air cargo handler sees promising potential in northeastern China, not far from the border with North Korea. In September, Hong Kong Air Cargo Terminals Ltd. (Hactl) subsidiary Hactl Development Holdings signed a strategic cooperation framework agreement with Liaoning Airport Management Group, owner of Shenyang Taoxian International Airport,Read More

Airfreight volumes, earning continue to rise at Panalpina in Q3

Airfreight volumes, earning continue to rise at Panalpina in Q3

October 26, 2016 at 5:18 pm 0 comments

Panalpina announced a slight increase in earnings before interest and tax (EBIT) in spite of what it referred to as a “challenging market.” Airfreight volumes for the Swiss forwarder increased 9 percent, year-over-year, for the first nine months of 2016, even as the overall air cargo market decreased by anRead More

June Stifel index gives airfreight an advantage

June Stifel index gives airfreight an advantage

June 30, 2015 at 7:43 pm 0 comments

Airfreight seems to have the edge on seafreight demand, per the June Stifel Logistics Confidence Index (LCI). Strong airfreight demand drove the LCI to 55.6 points in June 2015, a 0.1 point rise over the same month last year. Meanwhile, the seafreight index for June 2015 fell by 0.9 pointsRead More