Panalpina receives 2009 CHEP International Carrier of the Year Award

CHEP, the global leader in pallet and container pooling services presented Panalpina with its “2009 CHEP International Carrier of the Year” award during CHEP’s two-day 2009 Carrier Symposium at the Marriott World Center in Orlando, Florida. More than 125 transportation professionals from companies across the U.S. attended the October event that included seminars and the gala awards banquet.

Lucas Kuehner, Area Managing Director Panalpina USA, says, “We are honored to receive this award from our valuable ocean freight customer and take pride in being recognized for our outstanding dedication, service and performance”.

CHEP’s International Carrier of the Year Award recognizes excellent on-time delivery, cost and customer service globally. Panalpina was selected the winner for providing innovative supply chain solutions that led to significant supply chain cost savings and efficiencies for CHEP globally.

According to CHEP’s Global Logistics Manager, David Croft, “Panalpina’s customer service was of the highest standard over the past year, making sure that CHEP’s cargo was always a priority and delivered on time”.

CHEP

CHEP is the global leader in pallet and container pooling services serving many of the world's largest companies. The company has morethan7,500 employees and operates in 45 countries. Combining superior technology and an asset base of more than 300 million pallets and containers, CHEP offers its customers exceptional value, a platform that enables reduction in customer product damage, and an environmentally sustainable logistical solution. Supply chains served include consumer goods, produce, beverage and the automotive industry. With global partners that include Procter & Gamble, SYSCO, Kellogg's, Kraft, Nestle, Ford and GM, CHEP is known for handling the World's Most Important Products.

The Panalpina Group

The Panalpina Group is one of the world's leading suppliers of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding services tailored to its customers' individual needs. The Panalpina Group operates a close-knit network with some 500 branches in over 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 13,500 people worldwide.

For more details, please contact:

Media RelationsInvestor Relations

Joanna MooreJürg Vogt

Phone +1 (310) 819 4008Tel. +41 61 226 15 44

joanna.moore@panalpina.comjuerg.vogt@panalpina.com

Further information is available at www.panalpina.com .