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08/17/2010
Panalpina inaugurates first dedicated Oil and Gas Logistics Facility in Singapore
It is the first such facility by a global freight forwarder to offer sophisticated Supply Chain Management (SCM) solutions and services for the oil and gas industry
08/16/2010
Panalpina awarded HTC airfreight business contract
HTC Taiwan, one of the fastest growing companies in the mobile sector, has selected Panalpina to handle its airfreight export and import business from and to Hong Kong, Shanghai and Taipei for a second straight year.
08/04/2010
Panalpina gains market share and significantly improves profitability
In the second quarter of 2010, the Panalpina Group posted substantial growth in forwarding volumes in both air freight (+36%) and ocean freight (+19%), gaining market share in both segments. At the same time, the company increased profitability per freight unit quarter-on-quarter and was able to keep costs tightly under control. The settlement negotiations with the U.S. authorities should be concluded in the second half of the year. In the second quarter, Panalpina set aside a CHF 128 million compliance provision to cover expected fines and future compliance consultancy costs.
08/03/2010
Panalpina Japan and YAS: Implementation of new cooperation agreement on track
The realignment of the successful cooperation between Panalpina Japan and the NYK subsidiary Yusen Air & Sea Service is proceeding according to plan. According to an agreement between the Panalpina Group and the NYK Group, Panalpina Japan will in-source its airfreight export operations this month and the airfreight import operations in early 2011.
08/02/2010
U.S. Authorities settle civil complaint against Panalpina
Among other parties, Panalpina Houston had been named as a defendant in a qui tam civil complaint filed several years ago by a private party on behalf of the U.S. Government. In the complaint it is alleged that, in connection with the provision of logistics services, a former employee of Panalpina has provided unlawful entertainment to employees of a customer. According to a settlement agreement reached with the U.S. Authorities, Panalpina will pay USD 375,000.
07/26/2010
Panalpina appoints Thomas Niederer new Global Head of Road and Rail
Panalpina has appointed Thomas Niederer as Global Head of Road and Rail to further strengthen its global products with a special focus on Europe and the Middle East.
07/16/2010
Panalpina appoints Chris Kent new Global Head of Panprojects
Chris Kent has been appointed as the new Global Head of Panprojects, a wholly-owned Panalpina subsidiary. He joined Panalpina in 2002 and has successfully managed Panprojects UK as Divisional Director. Panprojects is part of the worldwide logistics and transportation network of the Panalpina Group.
07/09/2010
Panalpina launches four new ocean freight services from Asia to Israel
Customer demand for premium LCL (less than container load) ocean freight services from Asia to Israel has been growing in recent months. By launching four new services from the Chinese ports of Hong Kong, Yantian, Ningbo and Shanghai to Ashdod, Panalpina considerably upgrades its LCL ocean service portfolio on this trade lane.
06/22/2010
Panalpina awarded by Ericsson
06/09/2010
Panalpina begins operations in new Dubai facility
05/19/2010
Panalpina and Cargill renew collaboration
05/04/2010
Annual General Meeting 2010 approves all BOD proposals
The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 4 May 2010, was well attended. The participating shareholders represented 59.54 % of the share capital. All proposals of the Board of Directors were approved by a clear majority. Also with a clear majority elected were the new BOD members Chris E. Muntwyler, Dr. Hans-Peter Strodel and Dr. Beat Walti.
04/29/2010
Panalpina with strong volume growth in first quarter 2010
04/21/2010
Update: European air traffic disrupted by ash spewing from Iceland volcano
04/16/2010
European air traffic disrupted by ash spewing from Iceland volcano
04/13/2010
Panalpina supports Nintendo distribution in Chile
04/12/2010
Successful heavy lift airfreight transport to China
The global forwarding and logistics service provider Panalpina has chartered an Antonov AN 225 freighter aircraft in order to ensure the safe and smooth transportation of high-tech machinery from Germany to China. The loading took place on April 9 at the airport in Hamburg. On April 10, the cargo was safely offloaded in Shijiazhuang.
04/09/2010
MK Airlines is temporarily suspending its operation
04/06/2010
Panalpina achieves ISO 14001:2004 Global Environmental Certification
Experts from the leading inspection and certification company SGS have audited 80 country organizations of Panalpina, the global forwarding and logistics service provider. After completing the thorough audit process, SGS has granted Panalpina the Global Environmental Certification to the standard ISO 14001:2004.
03/11/2010
Panalpina with strong free cash flow generation and stringent cost control but lower volumes and gross profit
03/09/2010
Panalpina Los Angeles grows to meet supply chain service demands
02/18/2010
Panalpina launches two new ocean freight services
Panalpina offers two new LCL (less than container load) services to its ocean freight customers. By adding seamless connections between Belgium and the USA as well as between China and Poland, the company reacts swiftly to an ever growing demand for improved end-to-end services.
02/10/2010
Panalpina receives Statement of Objections from the European Commission
02/04/2010
Panalpina appoints Alan G. Votaw as Head of industry vertical Automotive
Alan G. Votaw has been appointed as the head of the competence centre for the automotive industry vertical by the Panalpina Group. Automotive is one of Panalpina’s core industry groups within the customer portfolio, which also comprises oil and gas, telecommunications, hi-tech, retail and fashion and health care (pharmaceuticals and chemicals).
01/26/2010
Panalpina opens office in Murmansk, Russia
01/26/2010
Panalpina handles Samsung ocean freight and warehousing
12/09/2009
Panalpina commenced settlement discussions with the US Department of Justice
The investigation by the global forwarding and logistics Group Panalpina in connection with alleged violations of the Foreign Corrupt Practices Act (FCPA) mainly in Nigeria is nearing completion.
12/04/2009
Volex entrusts Panalpina with their Global Freight Management
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.
11/26/2009
Panalpina nominated by VSB
11/18/2009
Panalpina receives award from Sigma-Aldrich
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Investor Relations
Jürg Vogt
Phone +41 61 226 11 11
(Switchboard)
ir@panalpina.com
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