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Tag / chief executive officer (ceo)

DSV announces plans for Panalpina headquarters and continued presence in Basel, as integration progresses

DSV announces plans for Panalpina headquarters and continued presence in Basel, as integration progresses

Press releases   •   Oct 14, 2019 17:15 CEST

The DSV Panalpina Group has informed employees at the former Panalpina headquarters in Basel about its plans for the location. As part of the integration, overlapping corporate functions and positions will either be cut or relocated to the headquarters in Denmark, which could result in up to 165 job losses. At the same time, the company intends to expand its logistical footprint in the Basel area.

Growing at a continuous and phenomenal rate

Growing at a continuous and phenomenal rate

News   •   Jul 22, 2019 08:32 CEST

Since 1989, we have grown our annual revenue by almost 10,000%

Panalpina half-year results remain stable

Panalpina half-year results remain stable

Press releases   •   Jul 18, 2019 07:00 CEST

Panalpina recorded stable results for the first half-year 2019. From January to June 2019, Panalpina generated an EBIT of CHF 52.1 million (YTD 2018: CHF 54.7 million) and a consolidated profit of CHF 34.0 million (YTD 2018: CHF 36.1 million), thereby nearly reaching previous-year levels.

A history of mergers and acquisitions

A history of mergers and acquisitions

News   •   Jul 17, 2019 08:55 CEST

DSV is a result of many mergers and acquisitions. Since DSV was founded in 1976, we have continuously acquired companies great and small, starting with small trucking companies and freight forwarders in the 1980’s.

Another hat-trick for DSV: Best CEO, CFO and Chairman for the second year in a row

Another hat-trick for DSV: Best CEO, CFO and Chairman for the second year in a row

News   •   May 28, 2019 09:34 CEST

Kurt Larsen, Chairman of DSV’s Board of Directors, is the best Chairman in Denmark according to a new rating. He joins CEO Jens Bjørn Andersen and CFO Jens Lund as best in class, making it yet another triple win for DSV.

Startups pitch their hottest LogTech ideas to transform global supply chains

Startups pitch their hottest LogTech ideas to transform global supply chains

News   •   Apr 24, 2019 11:00 CEST

From predictive analytics to drone technology, digital technologies are disrupting global supply chains and challenging logistics providers to up their game in shipment visibility and last-mile delivery. Ten startups had the opportunity to pitch their latest ideas at the LogTech Innovation Day, jointly organized by Panalpina and Plug and Play. Here’s a roundup of the event.

Panalpina improves profitability by 15%

Panalpina improves profitability by 15%

Press releases   •   Apr 17, 2019 07:00 CEST

In the first three months of 2019, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 28.1 million (YTD 2018: CHF 24.4 million) and a consolidated profit of CHF 19.2 million (YTD 2018: CHF 16.6 million).

Annual General Meeting 2019

Annual General Meeting 2019

News   •   Mar 20, 2019 12:34 CET

Malou Aamund was elected new member of the Board of Directors at DSV’s Annual General Meeting.

Panalpina pushing for accelerated growth after a successful 2018

Panalpina pushing for accelerated growth after a successful 2018

Press releases   •   Feb 28, 2019 07:00 CET

Panalpina ended the year 2018 with a historic record in Air Freight volumes, a recovering Ocean Freight product and solid profitability in Logistics. For the full year, Panalpina’s reported EBIT increased from CHF 103.3 million to CHF 118.4 million (+15%) and the reported consolidated profit increased from CHF 57.5 million to CHF 75.7 million (+32%).

Panalpina joins Cargo sous terrain initiative aimed at revolutionizing logistics

Panalpina joins Cargo sous terrain initiative aimed at revolutionizing logistics

News   •   Feb 26, 2019 12:00 CET

Panalpina is pleased to join Cargo sous terrain (CST), the Swiss-led consortium set to transform logistics and propel the industry into digitalization. As a shareholder, Panalpina will seek representation on the CST supervisory board and adopt a leading role in developing the CST logistics system and sharing expert know-how.

Panalpina launches industry-leading customer portal

Panalpina launches industry-leading customer portal

Press releases   •   Feb 20, 2019 11:45 CET

Panalpina announces the launch of its new state-of-the-art digital customer portal. The portal enables customers to benefit from a wide range of instant and real-time services. It is currently available to selected customers by invitation only and will be launched globally this summer.

Agents of the Perishables Network: local expertise meets global reach

Agents of the Perishables Network: local expertise meets global reach

Blog posts   •   Jan 31, 2019 11:45 CET

The Panalpina Perishables Network was launched with ambitious growth plans in 2017. Today it has members, including agents, in 26 key countries and it keeps growing, offering customers, at both origin and destination, complete end-to-end solutions on a global scale. Agent members of the Panalpina Perishables Network enjoy unparalleled reach thanks to solutions from field to shelf.

Panalpina expands facilities at Nairobi’s Jomo Kenyatta International Airport

Panalpina expands facilities at Nairobi’s Jomo Kenyatta International Airport

News   •   Nov 29, 2018 17:31 CET

Panalpina continues to expand and invest in Kenya, doubling its cold storage space at Nairobi’s Jomo Kenyatta International Airport to enable more and improved services for its perishables customers in and out of the country.

Panalpina increases group profitability

Panalpina increases group profitability

Press releases   •   Oct 25, 2018 07:00 CEST

In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.

Colombia: Panalpina opens first ocean freight hub operation

Colombia: Panalpina opens first ocean freight hub operation

News   •   Oct 08, 2018 14:10 CEST

Panalpina brings to the market another industry first with the Less than Container Load (LCL) Ocean Freight hub in Cartagena, Colombia, which connects services in Europe, Asia and Latin America with Central America and the Caribbean. Operated entirely by Panalpina, this new development offers customers more than 30 new LCL services, reduced transit times and greater coverage.

Air freight peak season: ready for take-off

Air freight peak season: ready for take-off

News   •   Sep 28, 2018 08:45 CEST

The 2018 air freight peak season is due to begin after Chinese Golden Week. Many trade lanes have already seen double-digit rate increases and further increases are expected. Panalpina has secured extra flights and ensured readiness on the ground and is also testing a new charter tool, which provides an overview of scheduled cargo flights and of all cargo aircraft available for chartering.

Panalpina celebrates 80th anniversary in Italy

Panalpina celebrates 80th anniversary in Italy

News   •   Sep 26, 2018 10:20 CEST

Panalpina celebrated 80 years of operations in Italy. The international provider of supply chain solutions flew in its Boeing 747-8F for an exclusive event at Milan’s Malpensa Airport. Panalpina CEO Stefan Karlen talked about the importance of air freight for Italy and Panalpina, the need for speed for the Italian high fashion industry, and Panalpina’s unique Charter Network.

Panalpina enlarges its Executive Board

Panalpina enlarges its Executive Board

Press releases   •   Sep 05, 2018 18:50 CEST

Panalpina today announced that it is enlarging the company’s Executive Board, to include its three core products: Air Freight, Ocean Freight, and Logistics.

The times they are a changin’

The times they are a changin’

Blog posts   •   Aug 21, 2018 16:20 CEST

A 1998 Panalpina video boasting about the company's website as well as Apple's recent mind-boggling market capitalization inspired CEO Stefan Karlen to write a blog post on how important it is for Panalpina, and the freight forwarding and logistics industry as a whole, to change the way we do business. Customers should always be front of mind 24/7/365 and have an easy and seamless experience.

Panalpina appoints new regional CEO Europe

Panalpina appoints new regional CEO Europe

Press releases   •   Jul 26, 2018 12:00 CEST

Panalpina today announced a key executive hire. Christian Wurst (45) is to become the new regional CEO for Europe. He has an extensive track record in the freight forwarding and logistics industry.