Panalpina’s profit in the third quarter of 2013 increased 6 percent year-over-year, as the Swiss global logistics giant continued to grow its ocean and air freight market shares.
23 Oct 2013
Panalpina has agreed to pay $35 million as part of a preliminary agreement to settle a U.S. class action lawsuit alleging anticompetitive industry practices regarding certain freight surcharges.
07 Oct 2013
The Panalpina Group has realigned its regional setup and identified a fourth region for customer targeting, consisting of the Middle East, Africa and the Commonwealth of Independent States.
01 Aug 2013
29 Jul 2013
Panalpina Group’s consolidated profit increased 44 percent year-over-year in the second quarter to CHF 24.1 million (approximately US$25.9 million).
07 May 2013
Panalpina rebounded to profit in the first quarter from a year earlier loss as record ocean container traffic more than outweighed lower air freight volumes.
03 Apr 2013
Panalpina has named Peter Ulber as its new CEO, starting June 1.
06 Mar 2013
Panalpina plunged to a loss of 70.2 million Swiss francs ($74.4 million) in 2012 from a 127.4 million franc ($135 million) profit in 2011.
07 Jan 2013
Supply chain management company Panalpina has appointed Stefan Karlen to regional CEO of Asia Pacific, effective immediately.
19 Dec 2012
Swiss competition regulators fined four international logistics companies — locally-based Kuehne+Nagel and Panalpina, Ger