In an act of goodwill, Panalpina has joined forces with the United Nations Children’s Fund (UNICEF) to support the world’s ongoing fight against the Ebola crisis, which has so far ravaged thousands of families and communities across West Africa. Sierra Leone is currently the most affected country.
Panalpina’s most recent Carbon Disclosure Project score has significantly improved on the previous year’s score. The better score underpins Panalpina’s continuous effort to improve the management and disclosure of overall greenhouse gas emissions.
Global freight forwarding and logistics provider Panalpina was honored this week with two prestigious awards recognizing its expertise in air freight solutions and heavylift forwarding.
International freight forwarding and logistics company Panalpina kept up overall profitability in the first nine months of 2014. Undeterred by ongoing restructuring, group gross profit and EBIT both increased 1% (currency adjusted +6% and +4%), reaching CHF 1,178.7 million and CHF 94.4 million respectively. EBIT loss in Logistics was reduced drastically to CHF 6.9 million for the period of January to September (down from CHF 26.8 million in the same period of 2013). Air Freight and Ocean Freight volumes grew 4% and 8% year-to-date, but unit profitability decreased due to margin pressure and currency effects.
Panalpina has launched an online Less than Container Load (LCL) Sailing Schedule to give customers a quick and easy way to explore its entire LCL network and find the sailings best suited to their needs. The service provides up-to-date information on nearly 35,000 point-to-point connections worldwide.
Panalpina has merged its Panprojects and Oil & Gas activities to create Panalpina Energy Solutions, a specialised service that designs tailor-made transport solutions for the world’s most ambitious energy projects. Panalpina veteran Hans Toggweiler heads the new entity.
Global supply chains are at threat when volcano ash is blown into the sky. Iceland’s Bardarbunga volcano has caused no supply chain disruptions so far. Should airspace be closed because of an eruption, Panalpina has proven contingency plans in place. The company’s own controlled air freight network in conjunction with its charter and emergency services department has the flexibility to overcome any emergency issue that could cause costly production downtime, for example in the automotive and oil & gas industries.
Panalpina now offers a new end-to-end service from Puerto Rico directly into Luxembourg and Europe in close collaboration with Cargolux. The weekly service marks the first regular call of a full freighter aircraft at San Juan International Airport. It gives Panalpina’s healthcare customers in the area guaranteed uplift for their cargo on a Boeing 747-400F and the best possible control of their temperature-sensitive goods both on the ground and in the air.
International freight forwarding and logistics company Panalpina improved overall profitability in the first half of 2014. Group gross profit and EBIT, which were significantly impacted by currencies, both increased 2%, reaching CHF 777.9 million and CHF 60.1 million respectively. Logistics contributed to the solid results by cutting losses and expanding its value-added services. Air Freight and Ocean Freight volumes grew 4% and 8% respectively, but unit profitability was affected by a challenging market environment in the same period.
In its latest effort to lead the logistics industry in sustainability, Panalpina has published its first standalone sustainability report. The 2013 Corporate Sustainability Report meets the latest Global Reporting Initiative (GRI) requirements, G4 “Core”, making it the most detailed and transparent disclosure of the company’s sustainability performance to date.
Panalpina, one of the world's leading providers of supply chain solutions, has appointed Karsten Breum (41) as its new chief human resources officer (CHRO) and member of the company’s executive board. Breum has an extensive track record in the freight-forwarding industry.
At the annual general meeting of Panalpina World Transport (Holding) Ltd., held on May 9, 2014, 60.35% of the share capital was represented. All proposals of the board of directors were approved by a clear majority.
International freight forwarding and logistics company Panalpina continued to gain market share in air and ocean freight in the first quarter of 2014. From January to March, Panalpina’s volumes in both Air and Ocean Freight grew by 6%. EBIT in the same period increased almost a third to CHF 24.5 million.
Panalpina’s Annual Report 2013 has been published. The full report can be downloaded as a PDF or read online. A short version is additionally available as a PDF or in print.
Panalpina is the first global logistics company to gain accreditation for its lean training program. The achievement comes two years after the company’s Logistics division set out to incorporate lean manufacturing principles into its global operations. The Lean Competency System (LCS) accreditation developed in partnership with Cardiff University, UK, means that Panalpina’s in-house training program is on a par with the university’s own world renowned practices.
Panalpina’s specialized division for large-scale projects is one of the fastest growing areas of its business. Known as Panprojects, the division experienced 20% year-on-year turnover growth in 2013 and now has over 400 dedicated staff. One of its latest and largest projects involved work on an offshore oil platform section for energy giant BP in Azerbaijan.
International freight forwarding and logistics company Panalpina made steady progress in 2013. The Panalpina Group reported an EBIT of CHF 48 million – or CHF 108 million when adjusted for non-recurring items, which is more than double the 2012 result. Panalpina outperformed the market in Air and Ocean Freight.
Panalpina, one of the world’s largest third-party logistics providers (3PL) has added Logistics Manufacturing Services (LMS) to its operations for a large telecoms company in Brazil. The company now manages the assembly of semi-knocked down units for base stations. Panalpina not only executes the final assembly, but takes full ownership of the whole process – from planning to quality control. It is one of the first times that a telecoms company has successfully outsourced manufacturing to a 3PL.
Panalpina added a record number of Less than Container Load (LCL) services to its network in 2013, reaching 450 weekly services worldwide. Some services were altered and others added as the company expands and improves its global LCL network, which is expected to reach 500 services by the end of 2014.
Panalpina’s Chief Human Resources Officer, Alastair Robertson, has decided to take on a new challenge outside of the industry.
Effective immediately, Panalpina will automatically calculate all customers’ emissions from the transport services they use based on the reporting standard EN 16258. This recently introduced European standard includes upstream emissions from fuel production, other greenhouse gases besides CO2 and energy consumption. The state-of-the-art tool “EcoTransIT World” will run more accurate reports for customers so they can develop effective strategies to reduce the environmental impact of their global transport chains.