The British International Freight Association (BIFA) has revealed the winners of its Freight Service Awards competition 2015. Panalpina World Transport (UK) has won the Ocean Freight Services Award. The judges considered that "the company demonstrated a successful five-year strategy for expansion of its ocean services division in specific industry vertical sectors. Through a successful implementation of its plan, this mode of transport has grown to a level where it has become a vital component of its total solutions offering.”
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News • Dec 02, 2016 10:55 GMT
Panalpina was delighted to win the Air Freight Solutions Provider of the Year award at the Global Freight Awards 2016. The winning submission, made by Panalpina UK and Ireland, showcased Panalpina’s pioneering role in paperless freight, its capabilities in temperature-controlled shipments, and its impressive volume growth particularly with perishables and pharmaceuticals.
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Panalpina is the world’s fourth largest provider of ocean freight services. In 2014, the company expedited over 1.6 million TEUs (twenty-foot equivalent units) via ocean freight (+7%). Its Ocean Freight product accounted for 42% of the company’s net forwarding revenue and for 31% of its gross profit. It posted an adjusted EBIT of CHF 13 million in 2014.