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Panalpina airfreight profits and volumes continue to rise

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Stefan Karlen

Panalpina airfreight profits and volumes continue to rise

October 25, 2017 by Payload Asia

During the first nine months of 2017, Panalpina grew volumes in air freight and ocean freight compared to the same period last year. As the year progressed, group gross profit as well as EBIT increased with every quarter. Year-on-year, Panalpina’s reported EBIT increased from CHF 67.5 million (adjusted YTD 2016: CHF 93.6 million) to CHF 72.1 million and the reported consolidated profit increased from CHF 46.5 million (adjusted YTD 2016: CHF 72.6 million) to CHF 48.4 … [Read more...] about Panalpina airfreight profits and volumes continue to rise

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Panalpina, Stefan Karlen

Panalpina continues to make moves to boost Perishables Network

September 29, 2017 by Payload Asia

Following the successful acquisition of Kenya-based forwarder Air Connection, Panalpina is set to acquire the Dutch company Interfresh Airfreight Handling, as well as its sister companies Fresh Cargo Connection and Dutch Cargo Connection, which are fully owned by CEO and founder of Interfresh, Sonja Kauffman.     “By acquiring Interfresh we gain full control over the cool chain for one of the perishables industry’s most important trade lanes for flowers – from Nairobi to … [Read more...] about Panalpina continues to make moves to boost Perishables Network

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Dutch Cargo Connection, Fresh Cargo Connection, Interfresh Airfreight Handling, Panalpina, Sonja Kauffman, Stefan Karlen

Panalpina acquires Air Connection

September 11, 2017 by Payload Asia

International freight forwarding and logistics company Panalpina announced the completion of the acquisition of Air Connection, a specialized forwarder of flowers and vegetables following the approval by the Competition Authority of Kenya. The move follows Panalpina’s acquisition of Airflo in 2016 and positions the company as a clear market leader in perishables in Kenya.   “The acquisition of Air Connection is another important step in building our Perishables Network. It further … [Read more...] about Panalpina acquires Air Connection

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Connection, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Conrad Archer, Manjit Brar, Panalpina, Stefan Karlen

Panalpina rolls out new IT platform in Germany

June 13, 2017 by Payload Asia

As planned, Panalpina went live with its new transportation management system at the end of May, in different business units throughout Germany. Before the actual go-live took place in Germany, a major release upgrade was installed, that brought significant improvements and new functionalities to the system.   “With the go-live and phased deployment of our new transportation management system in Germany, we have successfully demonstrated the system’s ability to scale-up to higher … [Read more...] about Panalpina rolls out new IT platform in Germany

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, Alain Dejalle, asia cargo news, cargo aviation, Dominik Wiesler, IT platform, Panalpina, Stefan Karlen

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