Panalpina highlights achievements in 2018 Management Report
Panalpina continued to deliver innovative, end-to-end supply chain solutions in 2018 to its customers in a wide range of industries. The Management Report 2018 highlights the company’s key achievements in expanding its services and footprint as well as carrying out complex freight forwarding and logistics projects.
Panalpina pushing for accelerated growth after a successful 2018
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%).
Annual Report 2018 just released
We are on track to meet our 2020 financial targets, and 2018 demonstrates our dedication to delivering quality services to our customers and growing organically.
Panalpina donates sixth UNICEF relief flight to Africa
Same as last year, Panalpina assisted UNICEF by flying relief aid to Africa to help children in South Sudan, where the humanitarian needs after years of conflict remain massive. A Panalpina chartered cargo aircraft landed last night in neighboring Uganda, carrying nearly 70 tons of supplies. The supplies will be trucked to South Sudan and distributed across the country as the dry season begins.
Almost a year into DSV Start-Up
Following start-up companies from idea through development to long-term customer
Panalpina and Honeywell partner on new technology solutions
Panalpina has entered into a strategic alliance with technology company Honeywell to enhance worker productivity, accuracy, and efficiency across its global distribution centers.
DSV Canada breaks ground on new 1.1 million square foot facility in Milton, Ontario
DSV Canada Breaks Ground on new 1.1 million square foot facility in Milton, Ontario, scheduled to open fall 2019. DSV’s new facility will be the future Canadian head office and state-of-the-art logistics complex.
Panalpina announces that Peter Ulber will not stand for re-election as chairman of the board at the next Annual General Meeting on 9 May 2019
In line with the previously communicated commitment by the company to evaluate the governance of the current board composition, Panalpina announces that Peter Ulber will not stand for re-election as chairman of the board at the next Annual General Meeting on 9 May 2019.
Panalpina successfully issues a CHF 150 million bond
Panalpina World Transport (Holding) Ltd today successfully placed a CHF 150 million debut bond in the Swiss capital market.
Interim financial report for Q3 released
We delivered strong results in the first nine months of 2018, including healthy top-line growth across all business areas and continued improvement of our margins
Panalpina increases group profitability
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.
New sustainability pact between Panalpina and CMA CGM
Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, and CMA CGM, one of the world’s leading shipping groups, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025. As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.