Panalpina earns its first CEIV-pharma cert at Brussels

Continuing a long string of supply-chain stakeholders that have concentrated on improving their pharmaceutical handling operations at Brussels Airport, Panalpina’s facility has earned its Center of Excellence for Independent Validators (CEIV) certification for pharma traffic. The achievement represents the first Panalpina station to earn a cert via the IATA’s much-sought-after CEIV validation process. “Unlike the […]
  • Randy Woods
  • April 28, 2016

The Iranian Conundrum: How sanctions removal affects global logistics

The Parisian Azadi Hotel was recently the voted the most popular hotel in Iran. The award, which the hotel touts, was based on an “extensive poll” by the Islamic Parliament of Iran, which the hotel calls “one of the most authoritative institutions in Iran.” The hotel boasts views of the mountains ringing Tehran. It is […]
  • Randy Woods
  • April 6, 2016

Limited freighter flights resume at Brussels

A day after terrorist attacks brought Brussels Zaventem Airport to a standstill, express carriers and forwarding firms at the airport got the green light to resume cargo operations on Wednesday, although flights are being carried out under contingency plans. Passenger flights remain shut down through at least Thursday as authorities continue their forensic investigation, but […]
  • Charles Kauffman
  • March 23, 2016

Profits improve for K+N on strength of airfreight

Like its fellow Swiss-based rival Panalpina, freight forwarder Kuehne + Nagel ended up with a tidy profit at the end of 2015, in spite of a stagnant cargo market. But unlike Panalpina, which saw a 2.5 percent decline in air cargo volume, K+N’s success came largely from a 4.7 percent increase in airfreight demand top […]
  • Randy Woods
  • March 4, 2016

Panalpina sees small profit amid 2015’s soft market

Although global freight forwarder and logistics company Panalpina suffered a drop in revenue, from $6.73 billion to US$5.88 billion in 2015, the Swiss company’s EBIT moved edged up from $117.1 billion to $117.6 billion at the close of last year, while net profit rose slightly to $88.5 billion from $86.79 billion in 2014. These results […]
  • Staff Reports
  • March 4, 2016

World ACD: Top forwarders lose market share in 2015

While worldwide air cargo volume increased by about 2 percent in 2015, the latest figures from WorldACD Market Data said the top 20 freight forwarders lost some market share for the year, dropping from 44.5 percent to 43 percent in terms of revenue, and from 43 to 42 percent in terms of volume. The Amsterdam-based […]
  • Randy Woods
  • February 17, 2016

Panalpina, Cardiff University team up on lean inventories

Mike Wilson, global head of logistics at Panalpina and MBA graduate from Cardiff University in 1993, now finds himself working with his alma mater on a research project to forecast the demand of a company’s products and plan its inventory accordingly. With this partnership, Panalpina said it has become the first global logistics company to […]
  • Staff Reports
  • February 5, 2016

DHL agrees to $53 million settlement in class action

A scheme to inflate and maintain freight forwarding surcharges that began shortly after the 9/11 terrorist attacks, and continued until January 2011, has led DHL Global Forwarding (DHLGF, the forwarding arm of Deutsche Post-DHL) to agree to pay a US$53 million settlement in a class action lawsuit that was filed in 2008. If approved, the […]
  • Staff Reports
  • January 5, 2016

Panalpina flies UNICEF relief to Burundi

For the third year in a row, Panalpina and UNICEF joined forces to deliver much-needed relief to an African nation where recurring crises have left children vulnerable to major health risks. On Nov. 27, a Panalpina-chartered cargo aircraft touched down in the landlocked nation of Burundi with 70 tonnes of primary medical goods on board. […]
  • Staff Reports
  • December 2, 2015

Panalpina expands into perishables with Airflo acquisition

With its eye on expansion in the perishables market, freight forwarder Panalpina has acquired a majority stake in Airflo, a company based in Kenya and the Netherlands, which specializes in the export and handling of fresh flowers and vegetables. Airflo is Kenya’s second-largest airfreight forwarder and part of the Dutch Flower Group (DFG). The company […]
  • Staff Reports
  • November 12, 2015

e-AWB gains momentum, but may miss goal

For the second-straight month, the usage of electronic air waybills (e-AWB) across the airfreight industry has grown by 2 percentage points, according to IATA. However, the added momentum appears to be insufficient for the industry to reach IATA’s goal of 45 percent penetration by the end of 2015. At the end of September, IATA reported […]
  • Randy Woods
  • October 29, 2015

Panalpina sees Q3 volumes fall in ‘soft’ market

Citing a “soft market” for airfreight in the third quarter, Swiss forwarding giant Panalpina reported lackluster Q3 results. The company also said the Swiss franc’s stronger performance against the euro and continued weakness in the oil, gas and automotive markets contributed to its decline. Net income for Panalpina was US$25 million, a 4.7 percent drop, […]
  • Randy Woods
  • October 21, 2015

How the Caribbean is positioning itself as a cargo gateway

This coming February, when most of the Northern Hemisphere is locked in another dreary winter, a 777-200LR is expected to touch down at Tocumen International Airport, packed with 256 passengers. The crowded flight will be of no sur­prise, as the destination is Panama City, Panama, a languid tropical setting that many northerners dream of visiting […]
  • Staff Reports
  • October 2, 2015

Panalpina opens office in Myanmar

Part of Panalpina’s global strategy is to enter into developing countries.  As of August, the Swiss forwarder has opened an office in Myanmar’s largest city, Yangon. Panalpina’s team in Yangon will be handling air and ocean freight shipments for import and export. Myanmar was cut off from international trade for several decades until a civilian […]
  • Staff Reports
  • September 22, 2015
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