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Volex entrusts Panalpina with their Global Freight Management

Dec 4, 2009

The Volex Group - a world leading producer of high speed, fiber optic and complex cable assemblies as well as electrical power cords - has awarded its Global Freight Management to Panalpina.

This significant award comes after several months of detailed negotiation and discussion between the companies. The implementation process has started and will be carried out in three phases and will be followed by a detailed evaluation of Volex supply chain management requirements globally. Panalpina was awarded the business based on competitive pricing and their capability to support Volex’s vision for future enhancements through Panalpina’s Supply Chain Management. This action is another step in Volex Group's vision of further globalizing its business processes across the group.

The Volex Group currently operates from 17 strategically located countries in Asia, Europe, North and South America. Volex provides global support to leading producers of computers, telecommunications systems and networking devices. In addition, the Group produces cable assemblies and electrical power cords for consumer products, medical and industrial applications.

About Panalpina

The Panalpina Group is one of the world's leading providers of supply chain solutions. The company combines its core products of Air Freight, Ocean Freight, and Logistics to deliver globally integrated, tailor-made end-to-end solutions. Drawing on in-depth industry know-how and customized IT systems, Panalpina manages the needs of its customers' supply chains, no matter how demanding they might be. Energy Solutions is a specialized service for the energy and capital projects sector. The Panalpina Group operates a global network with some 500 offices in more than 75 countries, and it works with partner companies in a further 90 countries. Panalpina employs 15,000 people worldwide who deliver a comprehensive service to the highest quality standards – wherever and whenever.