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

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 already robust 2016 season. On the […]
  • Lewis King
  • July 27, 2017

Profits fall at Panalpina as shippers balk at higher rates

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 margin pressure as evidence of a […]
  • Lewis King
  • July 20, 2017

Panalpina implements new WMS in half of its warehouses

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 at two facilities in the United […]
  • Lewis King
  • February 17, 2017

On the rails: Growth in Asia’s slower lane

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-based modes, have risen in popularity. […]
  • Ian Putzger
  • February 9, 2017

Panalpina commits to shrinking carbon footprint

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 or controlled sources,” known as “Scope […]
  • Lewis King
  • December 19, 2016

Can modest Shenyang Airport live up to its lofty ambitions?

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, in what both parties described […]
  • Ian Putzger
  • December 7, 2016

Airfreight volumes, earning continue to rise at Panalpina in Q3

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 an estimated 1 percent during the […]
  • Lewis King
  • October 26, 2016

June Stifel index gives airfreight an advantage

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 points compared with June 2014. The […]
  • Staff Reports
  • June 30, 2015

e-AWB adoption a slow climb

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, and a record-high 410,720 paperless […]
  • Staff Reports
  • June 30, 2015

e-AWB adoptions slip for second month

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’s latest release.. The two-month cumulative […]
  • Staff Reports
  • June 9, 2015

The Power 25 Forwarders of 2015

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 – DHL Global Forwarding, Kuehne + Nagel, […]
  • Randy Woods
  • June 5, 2015

Confidence booster for air forwarders

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 Asia had the largest increase climbing […]
  • Staff Reports
  • June 4, 2015

Power 25: Panalpina marches to its own beat

Based in Basel, Panalpina has roots in the Swiss Alps that stretch back to 1834. The company used to call itself “Alpina” because it connected Northern and Southern Europe across the mountains. Today, as a worldwide forwarder with 80 offices and 16,000 employees, Panalpina has a reputation of doing things a bit differently than the […]
  • Staff Reports
  • June 2, 2015

Panalpina acquires Egyptian agent Afifi

As part of Panalpina’s effort to make strides in emerging economies, it has acquired 100 percent of its Egyptian agent, Afifi. Panalpina has had a relationship with Afifi as its agent in Egypt for ocean- and airfreight, and project services since 1995. Afifi, established in Cairo in 1936, employs approximately 150 people, with satellite offices […]
  • Staff Reports
  • May 29, 2015
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