Panalpina profits increase despite airfreight weakness

Panalpina has seen profits increase to 88.2 million Swiss francs ($88.4 million) despite weakness in the airfreight division. The company profit increased from 86.5 million Swiss francs in 2014, despite revenue falling from 6.7 billion Swiss francs to 5.8 billion Swiss francs in 2015. Panalpina’s airfreight volumes fell by 2.5 per cent to 836,200 tonnes, […]

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