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Panalpina Perishables Network expands to South Africa
Press releases • Jul 17, 2018 07:15 CEST
Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.
Double-digit profitability growth for Panalpina
Press releases • Jul 17, 2018 07:00 CEST
Panalpina recorded a sound first half-year 2018 with sustained margins and double-digit profitability growth across the board. From January to June 2018, Panalpina increased EBIT from CHF 42.0 million to CHF 54.7 million and consolidated profit from CHF 29.9 million to CHF 36.1 million.
Panalpina Digital Hub launched to promote innovation in freight forwarding and logistics
Press releases • Jun 26, 2018 10:05 CEST
Panalpina has launched the Panalpina Digital Hub to embrace new technologies including the Internet of Things (IoT), artificial intelligence (AI) and blockchain that have the potential to disrupt the business in the coming years. The new business unit is to explore innovative technologies, develop new digital solutions for customers, and engage with digital start-up companies.
Ayme-Yahil to lead Marketing and Communications at Panalpina
Press releases • Jun 15, 2018 10:00 CEST
Dr. Edna Ayme-Yahil is appointed Corporate Head of Marketing and Communications at Panalpina as of July 1, 2018. She will report directly to CEO Stefan Karlen.
Panalpina’s expansion of the Perishables Network continues in Argentina
Press releases • Jun 13, 2018 19:05 CEST
Panalpina continues to expand its global Perishables Network in South America. The international freight forwarding and logistics company is to acquire Newport Cargo S.A., Argentina’s air freight market leader and perishables specialist. The acquisition is geared towards end-to-end solutions for perishables and will increase Panalpina’s foothold in Argentina and neighboring countries.
Panalpina joins Blockchain in Transport Alliance – BiTA
Press releases • May 22, 2018 14:00 CEST
Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry. The company sees many advantages of blockchain technology for freight forwarding and logistics operations in general, but also for specific areas such as perishables in particular.
DSV opens first office in Panama
Press releases • May 16, 2018 11:12 CEST
Today, 16 May 2018, we open the doors to our new office in Panama City, an important hub for Central America and the Caribbean, not least due to free zones.
Annual general meeting 2018 approves all board proposals
Press releases • May 08, 2018 18:30 CEST
At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 8, 2018, 65.47% of the share capital was represented. All proposals of the board of directors were approved by a clear majority and Sandra Emme was confirmed as a new member of the board of directors.
Interim financial report for Q1 2018 released
Press releases • May 01, 2018 07:38 CEST
DSV performed well in the first quarter of 2018 and delivered growth in both freight volumes and EBIT. Based on the good start to 2018 and overall positive market trends we increase the low end of the EBIT guidance range for the full-year and launch a new three-month share buyback programme of DKK 1.1 billion.
Panalpina improves profitability
Press releases • Apr 19, 2018 07:00 CEST
In the first three months of 2018, international freight forwarding and logistics company Panalpina improved profitability compared to the same period of last year. Panalpina reported an EBIT of CHF 24.4 million (YTD 2017: CHF 16.4 million) and a consolidated profit of CHF 16.6 million (YTD 2017: CHF 12.4 million).
Panalpina publishes second integrated management report
Press releases • Mar 21, 2018 16:30 CET
Panalpina has published its second integrated management report, summarizing the company’s activities during 2017 in terms of business performance and sustainability.
Panalpina reports record year in Air Freight
Press releases • Mar 07, 2018 07:00 CET
Panalpina ended the year 2017 with strong Air Freight volumes and margins, while in the fourth quarter margin pressure continued to impact the financial results in Ocean Freight. For the full year, Panalpina’s reported EBIT increased from CHF 82.0 million to CHF 103.3 million and the reported consolidated profit increased from CHF 52.3 million to CHF 57.5 million.
New member proposed for Panalpina’s board of directors
Press releases • Mar 02, 2018 19:30 CET
Panalpina’s board of directors proposes to elect Sandra Emme as a new member of the board at the upcoming Annual General Meeting (AGM), to be held on May 8, 2018. She would succeed Chris Muntwyler who will not stand for re-election.
DSV Annual Report 2017 released
Press releases • Feb 08, 2018 07:47 CET
2017 was a record year for DSV with performance beyond expectation. After a strong Q4 2017, we are able to report full-year earnings for 2017 at the high end of our latest outlook and a very strong cash flow. With the UTi integration well behind us, we will now focus on developing DSV, and for 2018 we expect up to 11% growth in earnings.
Panalpina and Saudi conglomerate Al Rushaid agree to joint venture
Press releases • Dec 21, 2017 13:00 CET
Al Rushaid is one of Saudi Aramco’s main suppliers and a large Saudi conglomerate which provides services through partnerships in many different industries including oil and gas, manufacturing and construction. Pending regulatory approval, Panalpina will be tasked with managing the logistical aspects of Al Rushaid’s subsidiaries and joint ventures.
Panalpina expands Perishables Network into Belgium
Press releases • Dec 19, 2017 07:00 CET
Panalpina is to acquire the Belgian companies Adelantex and AD Handling, specialized in the handling of perishables imports in Brussels, Liège and Ostend. The move follows similar acquisitions in Germany and the Netherlands earlier this year. This latest transaction involving Belgium’s market leader will further strengthen the Panalpina Perishables Network and the company’s end-to-end offering.
Panalpina donates UNICEF relief flight to Africa for the fifth time
Press releases • Dec 18, 2017 09:30 CET
Panalpina once again assisted UNICEF by flying relief aid to Africa, this time to help children suffering in South Sudan. The country’s humanitarian crisis is a culmination of years of civil war compounded by famine and disease. A Panalpina chartered cargo aircraft landed in neighboring Uganda, carrying nearly 80 tons of supplies.
Panalpina centralizes and expands Global Supply Chain Solutions offering
Press releases • Dec 13, 2017 14:45 CET
As part of its growth strategy, Panalpina has centralized its Supply Chain Solutions offering with plans to expand the existing team of experts and further invest in technology and infrastructure. Panalpina’s customers from across multiple industries will benefit from solutions that manage their supply chains from end-to-end and offer greater flexibility, customization, and visibility.
Andy Weber to leave Panalpina
Press releases • Nov 20, 2017 07:00 CET
Panalpina’s Chief Operating Officer, Andy Weber, has decided to leave Panalpina for personal reasons.