Post Tagged with: "Panalpina"

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

e-AWB adoption a slow climb

e-AWB adoption a slow climb

June 30, 2015 at 7:29 pm 0 comments

With IATA’s goal of 45 percent use of electronic air waybills (e-AWB) by the end of this year, the cargo industry has some room to improve. IATA reported some good news in May, with a 27.9 percent e-AWB penetration rate, an increase of 2 percentage points over the previous month,Read More

e-AWB adoptions slip for second month

e-AWB adoptions slip for second month

June 9, 2015 at 10:02 pm 0 comments

Despite encouragement by IATA, the adoption of electronic airway bills (e-AWB) has not exactly taken the industry by storm this spring. After reaching a peak of 26.9 percent in February, the adoption rate dropped by 0.7 percentage points in March and a further 0.3 percent in April, according to IATA’sRead More

The Power 25 Forwarders of 2015

The Power 25 Forwarders of 2015

June 5, 2015 at 10:30 am 0 comments

The larger you are, the harder it is to shove you aside. This basic fact of physics can be seen in The Power 25, Air Cargo World’s list of the top 25 largest freight forwarders in airfreight, based on tonnage last year. Many of the familiar brawny players – DHLRead More

Confidence booster for air forwarders

Confidence booster for air forwarders

June 4, 2015 at 11:37 pm 0 comments

The Stifel Logistics Confidence Index released in May reports the air freight index increased 2.5 points to 59.5 in May, 3.8 points higher than May 2014 and 10.6 points more than May 2013. This should be good news for air forwarders as they move through the year. Europe to AsiaRead More