Panalpina reports increased airfreight volume, continued slump in ocean freight sector

Switzerland-based forwarder Panalpina released its financial results for the first quarter of the year, reporting increases in overall profitability, with earnings before interest and taxes (EBIT) up in its Air Freight and Contract Logistics divisions, but down in its weakening Ocean Freight division. Overall EBIT came in at US$25 million, a 49 percent increase year-over-year […]
  • Nina Chamlou
  • April 19, 2018

Top 10 things overheard in Dallas at IATA’s World Cargo Symposium

IATA’s World Cargo Symposium 2018 is now history, but between the 13 separate, concurrent tracks and all the networking that was done by more than 1,100 delegates in Dallas a couple weeks ago, chances are there were several words of wisdom you may have missed, even if you had attended every day. As a refresher […]
  • Randy Woods
  • March 28, 2018

Panalpina embraces GDP certification for pharma handling

In the ongoing debate over the merits of Good Distribution Practice (GDP) certification versus IATA’s CEIV-Pharma program, put Swiss forwarder Panalpina firmly in the pro-GDP corner. The Basel-based forwarder said today that 70 of its facilities are compliant with GDP standards, while 30 of its locations have the official GDP certification, adding that these numbers […]
  • Nina Chamlou
  • March 20, 2018

WCS 2018: Schiphol to release data-sharing tool for flower shipment data

DALLAS – Soon, customers who receive a shipment of fresh-cut roses may be able to tell exactly where the flowers came from, how long the journey took and what condition they are in with just a glance at the air waybill (AWB). Today at IATA’s World Cargo Symposium, Amsterdam Airport Schiphol (AMS) revealed plans to […]
  • Nina Chamlou
  • March 14, 2018

WCS 2018: The cross-border wave is coming – are you ready?

DALLAS – During Tuesday’s e-commerce panel at IATA’s World Cargo Symposium, e-commerce growth was a foregone conclusion, leaving panelists to discuss the more important question — is the air cargo logistics chain ready for the coming wave? “We expect by 2020 we will see a triplification of cross-border flow,” said Liam O’Sullivan, director of operations […]
  • Caryn Livingston
  • March 14, 2018

Panalpina moves highest volumes in company history

Switzerland-based forwarder and logistics services provider Panalpina ended an eventful year, in which it made some notable acquisitions in the perishables sector, and reported record-breaking volume and profitability. Air freight volume for the full year increased 8.1 percent to a record 995,900 tonnes. While it may be tempting to assume that the figure is evidence that company […]
  • Nina Chamlou
  • March 7, 2018

Valentine’s Day roses won’t come cheap after Kenya capacity crunch

If you haven’t yet picked up the traditional dozen roses for your significant other this Valentine’s Day, it isn’t too late – but be prepared to pay a premium over even the typical seasonal increase, after an airfreight capacity shortage nearly stranded the blooms in Kenya. As reported in today’s Wall Street Journal, the increase […]
  • Caryn Livingston
  • February 14, 2018

Perishables Power Play: How forwarders are adapting to e-commerce disruption

Less than three hours after the chartered 747-8 freighter, named “The Spirit of Panalpina,” touched down at the U.K.’s Stansted Airport, the last load of frozen guacamole was in the hands of the customer in Braintree, Essex. The pale-green concoction of fresh mashed avocados, tomatoes, onions, garlic and other spices was chilled to precisely -18°C, […]
  • Randy Woods
  • February 1, 2018

Panalpina continues acquisitions spree in Belgian perishables sector

Focusing again on its stated goal of becoming the “world leader” in the perishables market by 2020, Swiss forwarder Panalpina has continued its recent string of acquisitions in the sector, announcing its intent to purchase Belgium-based Adelantex and AD Handling. Financial terms of the agreement were not released by any of the companies. The two […]
  • Randy Woods
  • December 19, 2017

Panalpina flies UNICEF relief aid to Africa

Swiss forwarder Panalpina chartered a cargo flight on Dec. 16, carrying about 80 tonnes of supplies from the United Nations International Children’s Fund (UNICEF) to South Sudan. This is the fifth partnership between UNICEF and Panalpina on a relief flight to Africa. The flight transported supplies, including emergency shelters, water treatment equipment and medical kits […]
  • Caryn Livingston
  • December 18, 2017

Panalpina to expand supply chain management offerings

Panalpina has consolidated its supply chain experts and offerings under one centralized entity called Supply Chain Solutions, saying that it will increase its supply chain team and offerings in the upcoming months. Supply Chain Solutions is “investing in people, IT and infrastructure” to increase flexibility, customization and visibility for customers, said Karl Weyeneth, Panalpina’s chief […]
  • Caryn Livingston
  • December 15, 2017

Panalpina moves toward waste-reducing ‘circular economy’

Panalpina is making strides toward what it is calling a “circular economy,” designed to reduce waste by extending the life of products through reuse, remanufacturing and recycling. The Swiss forwarder received a grant from the Engineering and Physical Sciences Research Council to research supply-chain concerns with the circular economy, alongside its research partner Cardiff University […]
  • Caryn Livingston
  • December 4, 2017

Top 4 forwarders that may be ripe for M&A activity in 2018

Although mergers and acquisitions (M&A) in the 3PL community so far in 2017 were not quite as numerous as they were in 2016, many airfreight industry analysts say the current boom times for air cargo should make 2018 another banner year for consolidation in the still fragmented freight forwarding business. Just two months ago the […]
  • Randy Woods
  • November 30, 2017

Panalpina units to go live with Validaide supply chain platform in early 2018

Panalpina says that all of its remaining business units are scheduled to go live with the Validaide platform by the end of the first quarter of 2018. The airfreight shipment-focused tool qualifies suppliers and assesses transport route risks, and shares that data with producers of medicinal products so that they can assess the capabilities of […]
  • Lewis King
  • November 27, 2017
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