DSV Panalpina makes voluntary offer of social plan to Basel head office employees
DSV Panalpina has decided to offer a voluntary and unilateral social plan to all Panalpina head office employees in Basel affected by the announced redundancies to take place in Q4-2019 and H1-2020.
DSV announces plans for Panalpina headquarters and continued presence in Basel, as integration progresses
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
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
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)
This is a revised version of the media release that was sent out on August 23, 2019.
Changes to Panalpina Executive Board
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
All conditions and requirements of the transaction have now been met
Interim financial report for H1-2019 released
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
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
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
In connection with the public exchange offer by DSV A/S for all publicly held registered shares of Panalpina World Transport (Holding) AG published on 13 May 2019, the Board of Directors will propose at the Extraordinary General Meeting scheduled for 16 July, 2019, the election of the following persons nominated by DSV A/S into the Board of Directors of Panalpina World Transport (Holding) AG with
New Panalpina customer portal: bringing the future of digital supply chain management to transport logistic in Munich
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.