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 […]

Panalpina acquisition spree adds German cool chain company

Panalpina’s recent acquisition spree picked up pace this week with a second trophy added on Sept. 28, this time in Germany, where the Switzerland-based logistics company agreed to buy Germany-based Cool Chain Group (CCG), from its parent company, Rungis Express. With CCG added to the roster, Panalpina will gain an experienced team of employees and […]

Panalpina adds Interfresh Airfreight Handling to its perishables chain

As the next step in its goal to become the world leader in perishables transport by 2020, Swiss freight forwarder Panalpina said in an agreement reached yesterday that it will acquire Dutch company Interfresh Airfreight Handling for an undisclosed amount. Interfresh specializes in customs clearance and last-mile distribution of perishables imported from Africa, the Asia-Pacific […]

Panalpina launches digital customer platform with instant rate quote feature

In its latest move toward digitization, third-party logistics provider Panalpina launched an online rate quote function for its new online customer portal. The Swiss company said it completed a successful pilot project with selected airfreight customers to introduce its automated online quotation and booking platform for ad hoc cargo. Calling the roll-out a “first step,” […]

Panalpina’s Air Connection acquisition expands Kenya perishables position

Freight forwarder Panalpina has made another move in its effort to become a market leader for perishables forwarding in Africa with its acquisition of Air Connection, Panalpina announced today. The purchase of Kenya-based Air Connection, a specialized flower and vegetable forwarder, follows Panalpina’s acquisition of another Kenyan perishables forwarder, Airflo, which was completed in 2016. […]

Panalpina re-opens in Houston after Harvey

Third-party logistics provider Panalpina resumed its Houston operations at 8 a.m. this morning in local time, after Tropical Storm Harvey caused massive flooding across the city. Panalpina’s Houston facilities escaped the flooding and currently have full power, the company said in an announcement. Panalpina’s employees in the region are accounted for, and the company announced […]

Air logistics firms prepare for Houston recovery as floods continue

While the misery continues along the Texas/Louisiana coast as the lingering Tropical Storm Harvey continues dumping record-breaking rains on the already saturated region, carriers and logistics firms are planning how the Houston area can resume operations amid the growing catastrophe. In a short statement released this morning from Panalpina, the Swiss forwarding giant said its […]

Unexpected eats: Panalpina’s top 5 fastest-growing perishables markets

Feeling hungry? Care for some Scottish soft-shelled crabs? Perhaps followed by fresh Serbian raspberries for dessert? According to third-party logistics giant Panalpina, these somewhat unusual pairings of cuisine and country of origin are becoming increasingly popular as the world’s appetite grows for fresh (not frozen), exotic international fare. From Azerbaijan to Zimbabwe, the Swiss forwarder […]

Panalpina juices organic perishables business with Certysis license

The fresh avocados that Panalpina ships to Euorpean grocers just got a little greener. The Swiss forwarder’s hub at Luxembourg Airport (LUX) has been officially licensed by bio-certification group Certysis to ship organic fruits and vegetables. Panalpina is now the only licensed 3PL to handle organic produce at LUX. Luxembourg has now been to Panalpina’s […]

Demand for airfreight depresses margins at DHL Global Forwarding

Business is booming, but contracted rates are lagging, according to the latest second-quarter numbers at DHL’s forwarding arm. Sustained – and unexpected – demand for airfreight squeezed Q2 2017 profits at DHL Global Forwarding division, as shipping costs moved closer to rates that were locked in well in advance. However, across DHL’s  International Parcel, eCommerce […]

Panalpina scores five-year Iraqi gas project contract

After several years of enduring a slump in oil-and-gas-related cargo, Swiss logistics company Panalpina was awarded a long-term contract by an undisclosed company to manage transportation and logistics for a gas project in Iraq. The contract will run for at least five years and involve 1,800 40-foot equivalent units (FEUs) of less-than-container load oceanfreight as […]

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 […]

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 […]

Bridges to Breakthroughs: How free trade can survive in a protectionist world

A war on the Korean peninsula would be unthinkable for global supply chains. “If Korea is hit by a missile,” Soo Kyoum Kim, of IDC Research told Bloomberg, “all electronics production will stop.” South Korea’s semiconductor manufacturers supply two-thirds of the world’s electronic memory chips, and it was the country’s indispensability to the global economy […]
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