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Panalpina is expanding its dedicated air cargo operation with a leased 747-400 freighter the global forwarder will use to launch trans-Pacific services connecting the company’s European and Nort
Panalpina inaugurated a dedicated oil and gas logistics hub in Singapore designed to boost the Swiss supply chain management firm's presence in the fast growing Asian market.
Swiss logistics group Panalpina reported higher second-quarter volume, rates and operating profit but posted a net loss after setting aside $123 million for an expected settlement of a U.S.
Panalpina, the Swiss global logistics and freight forwarding group, began operations at a 450,000-square-foot, state-of-the art multimodal transit and logistics hub in Dubai.
Panalpina expects to more than double its shipments with food processing giant Cargill under a large new contract the forwarder announced Wednesday.
Panalpina reported strong growth in ocean and air cargo traffic in the first quarter compared with a year earlier, but it only just remained in the black.
Cargolux and forwarder Panalpina shifted the European leg of the “Dixie Jet” chartered trans-Atlantic freighter to Spain this week because of the volcanic ash cloud that has closed a large
Shippers face steep hikes in air cargo freight rates and long delays when European air space re-opens, freight forwarders warned as airports across a large swath of the continent remained closed for a
Freight forwarder Panalpina last week chartered the only extant Antonov AN-225 freighter aircraft to move two laser welding machines with a combined weight of about 150 metric tons.
Panalpina, the Swiss global forwarder and logistics services company, fell into the red in the final quarter of 2009 but said it expects ocean and air cargo volumes to recover this year.
Shippers this past year were more receptive to using the services of third-party logistics providers as they sought to reduce supply chain costs including transportation and warehousing.
The Panalpina Group recently added 42,000 square feet of warehouse space to its supply chain management portfolio in the Los Angeles area.
Panalpina launched two less-than-container-load services as demand starts to increase for end-to-end services.
Swiss logistics groups, Kuehne + Nagel and Panalpina Feb. 10 said they received preliminary findings from a European Union investigation into an alleged global air cargo price fixing cartel.
Global forwarder Panalpina is in discussions with the U.S. Justice Department to settle allegations that it violated American anti-bribery laws in Nigeria, the company said Wednesday.
Doing business in Africa is not for the risk-averse. Before wading in, smart companies should heed the lessons Panalpina learned after operating for 54 years in Nigeria.
Global forwarder Panalpina won significant new business from two of its long-time customers, oil and gas industry technology and equipment providers Halliburton and Weatherford.
Panalpina, the Swiss global logistics and freight forwarding group, reported a sharp drop in third quarter earnings but said it boosted ocean and air freight market share on key trade lanes.
Panalpina launched an online transportation rate management hub on the GT Nexus Trade and Logistics Portal, supporting all ocean trade lanes across all carriers that Panalpina works with.
The global forwarding and logistics group Panalpina and its long-time airline partner Atlas Air renewed their cooperation agreement.