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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.
Exemption from conditions for maintaining listing and approval of delisting of Panalpina shares
Press releases • Sep 19, 2019 07:15 CEST
On September 18, 2019, SIX Exchange Regulation granted Panalpina several temporary exemptions from the obligations for maintaining the listing and approved the request of Panalpina to delist the Panalpina Shares. The last trading day and the date of the delisting will be determined after the final judgement in the cancellation proceedings according to the Swiss Financial Infrastructure Act.
Ayme-Yahil to step down as Corporate Head of Marketing and Communications
Press releases • Sep 17, 2019 16:20 CEST
Edna Ayme-Yahil, who led global marketing and communications at Panalpina, has decided to pursue other career opportunities effective immediately.
Changes to Panalpina Executive Board (Revised)
Press releases • Aug 26, 2019 17:35 CEST
This is a revised version of the media release that was sent out on August 23, 2019.
Changes to Panalpina Executive Board
Press releases • Aug 23, 2019 17:35 CEST
CCO Karl Weyeneth, CLO and Corporate Secretary Christoph Hess, CIO Ralf Morawietz, EVP Air Freight Lucas Kuehner, EVP Ocean Freight Peder Winther, have resigned from their respective positions.
DSV completes acquisition of Panalpina
Press releases • Aug 19, 2019 07:21 CEST
All conditions and requirements of the transaction have now been met
Interim financial report for H1-2019 released
Press releases • Jul 31, 2019 07:37 CEST
We are very pleased with the strong results for the second quarter of 2019. DSV has managed to outgrow the market while still delivering market leading profitability.
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.
Panalpina powers digital data centers through procuring and owning inventory for tech companies
Press releases • Jun 27, 2019 14:00 CEST
Big social media companies used to moving digital bits and bytes now have Panalpina as an ally in Logistics Manufacturing Services (LMS). A pioneer of LMS, Panalpina has made further inroads into the high-tech space by managing inventory for its customers and holding up the backbone of their supply chains to serve data centers.
Change in the Board of Directors of Panalpina World Transport (Holding) AG
Press releases • Jun 21, 2019 07:10 CEST
New Panalpina customer portal: bringing the future of digital supply chain management to transport logistic in Munich
Press releases • Jun 03, 2019 15:00 CEST
Panalpina will present its new customer portal this week at transport logistic 2019, the world’s leading trade fair for logistics and supply chain management. Collaborative shipment management, fully-automated instant quotation and lane risk assessment make the portal unique in the industry. Interested parties can test the customer portal in Munich before it will be made available later this year.
Annual general meeting of Panalpina approves all board proposals
Press releases • May 09, 2019 17:50 CEST
At the annual general meeting (AGM) of Panalpina World Transport (Holding) Ltd., held on May 9, 2019, 62.24% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Thomas E. Kern was elected as chairman of the board.
Newport Cargo now legally merged with Panalpina
Press releases • May 01, 2019 09:00 CEST
Effective today, Newport Cargo has legally merged with Panalpina. The acquisition was completed in August 2018 and it has added tremendous value to Panalpina’s Perishables Network in expertise, customer base and business development.
Freight Forwarder of the Year
Press releases • May 01, 2019 08:00 CEST
At the Air Cargo News award gala on Friday 26 April, DSV won “Freight Forwarder of the Year”
Panalpina’s sustainability performance in 2018 sets new records
Press releases • Apr 30, 2019 14:00 CEST
Panalpina achieved its best year ever in terms of employee health and safety and received top ratings for its environmental and corporate social responsibility programs. The 2018 Sustainability Report demonstrates Panalpina’s strong commitment to sustainability, the health and safety of its people and the prosperity of the communities where it operates.
Interim Financial Report for Q1 2019 released
Press releases • Apr 30, 2019 07:34 CEST
We delivered strong results in Q1 2019, with healthy top-line growth across all divisions and a 15% underlying growth in EBIT
Panalpina expands network in Colombia and Ecuador to become largest perishables player in Latin America
Press releases • Apr 24, 2019 17:30 CEST
Panalpina continues to expand its Perishables Network in South America through the acquisition of CargoMaster S.A. in Colombia, and its subsidiary, Laseair S.A., in Ecuador. CargoMaster is one of Latin America’s largest companies specialized in the air freight export of perishables, mostly of flowers to the US.
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).
Panalpina adds new installations service, creating one-stop-shop for telecoms industry
Press releases • Apr 15, 2019 14:00 CEST
Panalpina, the freight forwarding and logistics company that pioneered Logistics Manufacturing Services (LMS), has stepped into the telecoms installation market after signing an agreement in Mexico with a large global telecoms network infrastructure company. With this, Panalpina has extended its LMS offering to include the installation of hardware and software for mobile network antennas.