Panalpina reported lower third quarter profit as a strong Swiss franc offset record ocean container volume and strong air freight margins across the Swiss forwarder and logistics group’s global

Panalipina launched three weekly less-than-containerload ocean services from Vietnam, Cambodia and the Philippines to Singapore, as the Swiss forwarder strengthens intra-Asia connections to its

Panalpina will lease two 747-8 freighters from U.S.-based Atlas Air to meet increasing demand for capacity in the healthcare, high-tech, automotive, and oil and gas sectors.

Freight forwarder Panalpina, looking to capitalize on the growing importance of intra-Asia trade

Panalpina launched three less-than-container-load weekly ocean services from Asia to Rotterdam, as the major forwarder grows its business on major Asia-Europe trade lanes.

Panalpina returned to profit in the second quarter from a year earlier loss by ending high-volume low-margin contracts across its global network.

Switzerland-based Kuehne + Nagel was the largest international forwarder in 2010, handling of nearly a 10th of the world’s air and sea freight business by revenue, according to Transport Intelli

With Russia and its regional trading partners preparing for meetings on expanding their Customs Union agreement, logistics operator

Panalpina, the Swiss global forwarder and logistics group, vowed to outperform market growth in air and ocean freight and logistics, achieve a “remarkable” increase in productivity and hit

Forwarder Panalpina is expanding its scheduled freighter operations through Huntsville, Ala., with a second weekly service connecting the city to Hong Kong.

Panalpina Group reported double-digit growth in profit during the first quarter and said it expects air and ocean freight markets to rise 5 to 7 percent this year.

The U.S. government will not tolerate bribes in the international transportation industry, attorneys and officials told customs brokers and forwarders Thursday.

Panalpina boosted 2010 net revenue 20 percent from the previous year to $7.7 billion, driven by double digit growth in ocean container and air freight traffic.

Panalpina acquired Norway's Greig Logistics to broaden its coverage of the North Sea oil and gas sector.

When suspected al Qaeda terrorists attempted to use the global air cargo network to deliver explosive devices from Yemen last month, the Middle East’s reputation as the world’s terror capi

Panalpina will pay $81.9 million in fines and penalties to settle charges in the United States that it violated bribery laws, capping a case that led to management changes at one of the world's larges

Panalpina, the Swiss global forwarding and logistics group, reported third quarter profit jumped 13 percent from a year ago driven by strong growth in ocean and air freight traffic.

Panalpina launched its dedicated 747-400 freighter service linking Luxembourg with Dubai's new international airport and with Hong Kong.

Six international forwarders agreed to a total of $50.3 million in criminal fines after pleading guilty to air cargo price fixing, the U.S.

Panalpina hired executives from rivals Kuehne + Nagel and DHL to head up its core ocean and air freight divisions and brought in a former Timex Group supply chain executive to run its logistics arm.