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.