Panalpina returned to profitability in 2013 as a market-beating performance in the ocean container and air cargo markets offset anti-cartel fines in the U.S.
27 Dec 2013
Descartes Systems Group, the global logistics technology solutions provider, has acquired Impatex, the UK’s largest customs and freight forwarding software company for an undisclosed sum.
25 Oct 2013
Panalpina’s profit in the third quarter of 2013 increased 6 percent year-over-year, as the Swiss global logistics giant continued to grow its ocean and air freight market shares.
23 Oct 2013
Panalpina has agreed to pay $35 million as part of a preliminary agreement to settle a U.S. class action lawsuit alleging anticompetitive industry practices regarding certain freight surcharges.
15 Oct 2013
Kuehne + Nagel’s third-quarter earnings increased 8.3 percent year-over-year, even as the Swiss logistics giant’s core ocean container business stalled as it prioritized profit ahead of volume.
24 Jul 2013
Chapman Freeborn Airchartering and Swiss WorldCargo have entered into a partnership to enhance their cargo offerings.
25 Jun 2013
Ministers from the member states of the European Free Trade Association — Iceland, Liechtenstein, Norway and Switzerland — have signed two separate free trade agreements with Bosnia and Herzegovina, and Costa Rica and Panama, in order to strengthen bilateral economic ties and promote cross-border trade and investment.
05 Jun 2013
Contargo, a terminal operator and inland shipping services provider in the Rhine corridor, has affiliated its terminal network with the Port of Rotterdam in the Netherlands with InlandLinks.
07 May 2013
Panalpina rebounded to profit in the first quarter from a year earlier loss as record ocean container traffic more than outweighed lower air freight volumes.