Volumes grow 7% in 1st half of 2017 at Panalpina
Panalpina recorded robust airfreight volume growth of seven per cent in the first half-year (1H) of 2017, but it says “higher freight rates and margin pressure persisted in a continuously challenging market environment”. The freight forwarder volumes reached 473,100 tonnes in the six months, which was largely driven by the strong growth of Far East […]
DHL Global Forwarding retains place as top forwarder for volumes
DHL Global Forwarding has retained its place as the top freight forwarder in terms of volumes in 2016, according to the latest Armstrong & Associates (A&A) Top 25 Global Forwarders List. A&A says that total airfreight volumes in 2016 across freight forwarders in the top 25 increased by 5.6 per cent on 2015 to 14.5 […]
Panalpina upgrades IT platform in Germany, US next
Panalpina continues to upgrade its new operational IT platform and is in the middle of its roll-out in Germany and the US will be the next country market to be upgraded. The freight forwarder says ocean freight is currently the prime focus and will be followed by airfreight. Germany is already handling the highest number […]
Panalpina to build new 30,000 sqm warehouse in Singapore
Panalpina is to build a new build-to-suit facility in Singapore, which it says demonstrates its continued commitment to a strong and successful logistics platform in Asia-Pacific. Singapore country head of sales, Matthew Gallagher says: “As we celebrate 40 years of doing business in Singapore, this is Panalpina’s largest ever warehousing investment outside Europe in the company’s history.” […]
Tight capacities and growing economic and political uncertainty
Major airfreight forwarders have been busy updating the market on their performance in recent months, David Craik writes. They have revealed a sector buoyed by the continuing advance of e-commerce, strong trade lanes between the US and Europe and Asia, but struggling against the problem of tight capacities and the threat of growing global economic […]
Panalpina to acquire Kenyan specialist perishables freight forwarder
Panalpina is to acquire Air Connection – a Kenya-based forwarder which specialises in the export of flowers and vegetables. The move comes after Panalpina’s acquisition of Airflo in Kenya in 2016 and only two weeks after the company formally announced the launch of its global Perishables Network. Panalpina will acquire the family-owned Kenyan company Air […]
Air Cargo Europe: Pharma and new business models
If the two air cargo europe sessions were not enough, there will also be discussions focusing on pharmaceuticals and new business models. Pharma has been a hot growth sector for the air cargo industry in recent years, and with it significant drives to improve quality and an increasing number of companies undergoing International Air Transport […]
Air Cargo Europe 2017: How will industry improve technology and sales?
How the industry embraces new technologies and improving sales and customer service will be two major talking points for air cargo professionals at Air Cargo Europe in Munich. The first of the two sessions, ‘The age of the digital and the connected – the end of traditional LSPs (Logistic Service Providers)?’ will take place at […]
Margins remain under pressure at Panalpina despite air volume growth
Margins remain under pressure in the first quarter for Panalpina with consolidated profits down to 12.4 million Swiss francs ($12.4 million), though airfreight volumes grew eight per cent. Across the group, net revenue fell from CHF1.3 billion in the first quarter of 2016 to CHF1.27 billion this year, with gross profit falling from CHF17.3 million […]
Former Cargolux CEO to join Panalpina board of directors
Former Cargolux Airlines International chief executive officer, Dirk Reich is to join Panalpina’s board of directors. The board of directors are proposing to elect the 54-year old dual German and Swiss national at its annual general meeting on 3 May, where he would succeed Roger Schmid, who is not standing for re-election. All other board […]
Panalpina moves highest airfreight volumes in 2016 since 2007
In 2016 freight forwarder Panalpina recorded its highest airfreight volumes since 2007, but it says gross profit margins came under pressure for air and sea. This pressure resulted in lower full-year earnings. EBIT reached CHF 109.9 million (-6.3 per cent)($108 million) and consolidated profit was CHF 80.2 million (-9.1 per cent) in 2016. Panalpina’s airfreight […]
Paris Charles de Gaulle aiming for IATA CEIV certificate
Aeroport de Paris is to work with the International Air Transport Association (IATA) to implement Center of Excellence for Independent Validators (CEIV) certification with the Paris Charles de Gaulle Airport cargo community. Seven major names in transport and logistics, Europe Handling Group, Panalpina, Quickstat, Swissport, Tendron, Transdev and WFS have committed to obtaining CEIV Pharma […]
Air battling with sea for increased market share
Getting food to a customer’s plate as fresh, tasty and nutritious as possible has been the mantra of retailers and growers for hundreds of years. Where in the past this may have involved a quick cart ride from farm to village market, today’s globalised world means making the best use of freight options either by […]
Growing demand from customers for ‘visibility’ of perishables
A major issue and demand in airfreight is for operators to provide customer visibility throughout the entire supply chain for perishables. Panalpina’s regional business development manager for perishables, Quint Wilken says showing temperature deviation is vital in keeping product quality. He notes: “Customers want to see what is changing in their supply chain at a […]
Panalpina and UNICEF join forces for aid flight to Chad
Panalpina and UNICEF have joined forces for the fourth consecutive year to fly aid to Africa, operating a charter flight to Chad, transporting more than 80 tonnes of life saving goods. The relief goods including blankets and tarpaulins, therapeutic food for children, and medical equipment and drugs, provided by UNICEF landed in N’Djamena on a […]
Panalpina blossoming after buying Airflo
Flowers and perishables in general are blooming for Panalpina in Kenya and across Africa and it expects this trend to continue over the next five to six years. Country manager for Kenya, Conrad Archer tells Justin Burns that growth has been considerable since the acquisition of Airflo last year – Kenya’s second largest freight forwarder, which […]
Strong demand in Q3 for Panalpina
Panalpina saw good growth in the third quarter as it posted an airfreight volumes surge of 10 per cent on the same quarter last year handling 228 million tonnes. For the first nine months of 2016, demand is nine per cent up on the same time last year at 659 million tonnes. Overall airfreight gross […]
Stansted BIP facility has capacity for future growth
Stansted Airport has welcomed new non-European services in recent years, which have benefitted from the ability to fly horses into the UK, Stansted Airport Border Inspection Post (BIP) manager, Shane Stephens tells Air Cargo Week staff writer James Muir. He says Stansted welcomed nearly 1,200 horses from outside the European Union in 2015 and nearly 600 […]
Panalpina opens office in Cambodia
Panalpina has expanded into Cambodia with an office in Phnom Penh offering air and ocean freight services, customer brokerage, in-land transportation, cross-border trucking, container freight station consolidation and warehouse and storage services. The freight forwarder says the South East Asian nation offers opportunities in the textile, agriculture and construction industries, with garments making up 80 […]
Panalpina Egypt moves Cairo operations to Cairo Cargo City
Panalpina Egypt has moved its head office and all Cairo operations to the newly developed Cairo Cargo City at Cairo International Airport. Cairo is Egypt’s largest airport serving as the primary hub for several airlines, and it handles about 290,000 tonnes of cargo a year. The 150,000 metre square Cairo Cargo City has three main […]
Airfreight volume rise of 8% for Panalpina
Panalpina’s airfreight volumes increased eight per cent in the first six months of 2016, while it says the market decreased by an estimated three per cent. The freight forwarder says volumes from acquired companies accounted for six per cent of air cargo growth and it saw higher volumes in the perishables sector, but lower volumes […]
WorldACD: May another disappointing month
May was another “disappointment” and volumes grew year-on-year (YoY) by 0.5 per cent, according to a latest report by industry analyst WorldACD. WorldACD says North America fell back by four per cent, whereas MESA grew by the same percentage. Yield in US dollars dropped by 1.9 per cent compared to April. In the year-to-date, Europe […]
Peter Ulber elected Panalpina chairman
Peter Ulber has been elected Panalpina chairman, succeeding Dr Rudolf Hug, who is retiring. Ulber was confirmed as chairman by the board of directors, succeeding Hug, who had been chairman since 2007 and did not stand for re-election due to age limitations. Ulber will continue as chief executive officer until 1 September when his designated […]
Freight forwarder Panalpina outstrips market in Q1
Panalpina says in the first quarter (Q1) of 2016 its airfreight volumes grew five per cent to 216,000 tonnes – in a market that shrank an estimated three per cent. The Swiss freight forwarder says while volumes “contracted substantially in oil and gas“ they grew in all other industries including perishables. In ocean freight it […]
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, […]
Top freight forwarders losing ground, WorldACD reports
Air cargo market data analyst WorldACD says the top 20 freight forwarders saw their worldwide market share decline from 44.5 per cent to 43 per cent in 2015 – based on revenue, measured in US dollars. The Amsterdam firm bases figures on the inputs of more than 60 (mostly large) airlines, who provide their full worldwide air waybill […]
Industry misses e-AWB penetration target
The airfreight industry has missed the 2015 electronic air waybill (e-AWB) penetration target of 45 per cent set by the International Air Transport Association (IATA), managing just 36.4 per cent. This is in contrast to 2014, when the industry beat the target of 22 per cent target, hitting 24.8 per cent. Penetration rose quickly from […]
Luxembourg Airport tonnage grows 4.2% in 2015
Airfreight continues the upward trend at Luxembourg Airport and it handled 738,000 tonnes in 2015, rise of 4.2 per cent compared to 2014. The strongest growth was recorded in October and November when there was an increase of nine per cent, in August of eight per cent and July of seven per cent. The gateway […]
Panalpina transports UNICEF aid to Burundi
Panalpina has transported 70 tonnes of medical care goods to Burundi for UNICEF as the East African country plunges into another violent crisis. The shipment included antibiotics, analgesics, infusion sets and hospital equipment, provided by UNICEF and flown on a charter flight to Burundi’s capital, Bujumbura. The violence started in April when the president, Pierre […]
HAE acquires South Africa’s Groupair
UK air cargo services provider HAE says it bought Groupair in South Africa – but the firm has not revealed any financial terms of the deal. Groupair is a neutral consolidator providing air, sea, road and courier services. HAE says that Groupair is able to assist customers with requirements for air, sea and road freight in the South […]
