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). […]
DSV and Panalpina have reached an agreement on DSV’s acquisition of Panalpina by way of a Public Exchange Offer to all Panalpina shareholders with the new company to be called ‘DSV Panalpina A/S. The deal […]
International freight forwarding and logistics company Panalpina ended the year 2018 with a historic record in air freight volumes, a recovering ocean freight product and solid profitability in logistics. For the full year, Panalpina’s reported […]
Panalpina says its largest shareholder, the philanthropic Ernst Göhner Foundation (EGF), has today requested the Board of Directors to implement the One Share – One Vote standard at an extraordinary shareholders’ meeting to be held […]
Panalpina sets the benchmark as the first freight forwarder to globally subscribe to IATA’s digital manuals, giving its air freight specialists online access the latest regulations and industry standards. The move makes the Swiss company […]
Kuwait-based Agility Group is talking to Panalpina over a tie-up that would complicate Danish rival DSV’s bids for the Swiss logistics group that is opposed by Panalpina’s biggest shareholder. Panalpina and Agility said today they […]
The rapidly changing e-commerce landscape holds much promise for the air cargo sector, but promise has not necessarily become reality. One view is that e-commerce is ramping up demand for perishables, observes Panalpina. Digital-savvy consumers […]
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