DSV Canada opens its new head office location in Milton, a suburb of Canada’s largest city Toronto and just 30 kilometres from Pearson International Airport (YYZ). DSV says the state-of-the-art logistics facility is ideally positioned ➤
DSV says it expects to settle the previously announced public exchange offer for all publicly held shares of Panalpina during the course of today in accordance with Swiss market practices. As such, today marks the ➤
Panalpina is establishing its presence in Oman, leveraging the company’s long-standing experience in Project Solutions and the Energy sector to support the country’s burgeoning economic and infrastructural growth. Panalpina Oman expects to open its office ➤
Panalpina’s newly opened Healthcare Logistics Centre in Weiterstadt near Frankfurt/Main (FRA) has obtained Good Distribution Practice (GDP) certification. With the GDP certification, Panalpina says it is now ready to assist healthcare customers with the handling, ➤
Some airlines have already begun adjusting their networks as a result of the ongoing trade war between the US and China, says Panalpina’s head of air cargo. Noting that the ongoing trade conflict has “clearly ➤
Panalpina recorded stable results for the first half-year 2019 it says, generating an EBIT of CHF 52.1 million (USD 52.89 million), compared to CHF 54.7 million a year earlier and a consolidated profit of CHF ➤
DSV has reported a healthy Q1 2019 with EBIT growing 15 per cent on the back of an 8.7 per cent growth in revenue to DKK 19.98 billion (USD 2.99 billion). Profit after tax came ➤
Panalpina continues to expand its Perishables Network in South America through the acquisition of CargoMaster S.A. in Colombia, and its subsidiary, Laseair S.A., in Ecuador. CargoMaster, with its subsidiary Laseair, is one of the largest ➤
Air France KLM Martinair Cargo and Freightos’ WebCargo team up to offer instant pricing, capacity and booking for 1,400+ forwarders and for the first time in air cargo history – dynamic prices. Air freight pricing ➤
Panalpina’s Air Freight volumes increased 8.0 per cent in the first quarter of 2019 compared to the same period last year, but gross profit per tonne decreased 10 per cent to CHF 666 (USD 659.6). ➤
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