Panalpina and Saudi conglomerate Al Rushaid agree to joint venture
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.
Andy Weber to leave Panalpina
Panalpina’s Chief Operating Officer, Andy Weber, has decided to leave Panalpina for personal reasons.
Multimodal heavy-lift moves: Panalpina offers hassle-free carrier solution
Panalpina has launched Panprojects Carrier. With the new carrier model Panalpina can oversee multimodal heavy-lift moves from fabrication to installation sites under one single contract that clearly governs all modes of transport. The legal framework reduces to an absolute minimum the commercial, technical and contractual risks that are inherent to the multimodal transport of project cargo.
New office in Indianapolis USA
DSV has opened a brand new office in Indianapolis where neither DSV nor UTi has been represented before.
DSV acquires UTi Worldwide Inc.
We are delighted to announce that DSV’s acquisition of UTi Worldwide Inc. has now been completed with the approval of UTi shareholders and competition authorities.
Panalpina moves into Myanmar
A new era is dawning in Myanmar after the establishment of a civilian government in 2011. At the crossroads between India, China and South East Asia, the country is starting to invest in infrastructure and realize its potential. Switzerland-based international freight forwarding and logistics company Panalpina has now opened its own office to provide its services to the up-and-coming economy.
Panalpina acquires its long-time Egyptian agent Afifi
Panalpina is to acquire its Egyptian agent Afifi, a highly respected family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa. Afifi has been Panalpina’s agent in Egypt for the last 20 years.
Panalpina adds freighter calls in Baku, Azerbaijan
Panalpina is adding calls in Azerbaijan's capital, Baku, as part of its long-term strategy to expand and optimize its controlled air freight network. Scheduled charters that are operated by Silk Way West Airlines and fly between Luxembourg and Shanghai now call in Baku four times per week.