Panalpina

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

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.