Panalpina publishes integrated management report
Panalpina has published its first integrated management report, summarizing the company’s activities during 2016 in terms of business performance as well as sustainability.
Panalpina reports higher volumes and reduced profit for 2016
While Panalpina recorded the highest Air Freight volumes since 2007, gross profit margins in both Air and Ocean Freight came under pressure in 2016. This resulted in lower full-year earnings for the international freight forwarding and logistics company. Adjusted for restructuring expenses of CHF 28 million, EBIT reached CHF 109.9 million and consolidated profit CHF 80.2 million in 2016.
Annual report 2016 released
We kept focus on running the business, leading to very satisfactory results in all divisions.
The pinnacle of operational excellence
Some gold medals are harder to get than others. Panalpina’s LogEx Gold is one of them. For LogEx Gold, you first have to earn LogEx Bronze – and then LogEx Silver. Only then can you reach LogEx Gold, the highest level of Panalpina’s Logistics Excellence Program. And that’s exactly what Panalpina Mexico succeeded in doing with the company’s Tres Rios 4 logistics facility north of Mexico City.
Trouble in Happy Valley-Goose Bay
With the 76 ton subsea tree successfully loaded and secured in the hold beneath him, loadmaster Yrii Rudko’s job was done for now. Sitting in the cabin at the back of the An-124, seat belt fastened, he could feel how 400 tons of mighty flying equipment and cargo accelerated down runway 34 at Senai International Airport in Malaysia. This is part III of Panalpina's "Christmas tree" story.
CNH Sustainability Logistics Supplier of the year
Based on our pioneering work with biofuel in Sweden, we received CNH Industrial's green award.
“This is the kind of mission where transport engineers can excel”
It was a move to remember for life. Willi Tobler, Panalpina’s global head of transport engineering for Energy and Project Solutions talks in more detail about the challenges he and his team faced when a 76 ton subsea tree for an oil and gas customer had to be loaded onto an Antonov-124 in Malaysia. The tree’s final destination was on the seabed of a gas field located off the coast of Trinidad.
“Difficult, but still possible”
On the fourth loading attempt everything finally came into place and gone were the worry lines in the faces of everyone involved: The Christmas tree for the Caribbean was correctly positioned inside the aircraft. It had been inched past the most critical section right under the cockpit of the An-124, where the maximum vertical clearance is 4400 mm. Every single one of these millimeters was needed.
Panalpina sets ambitious CO2 emissions targets for 2025
Following last year’s UN Climate Talks in Paris and as part of a global effort to mitigate climate change, Panalpina has delivered on its promise and set science-based emissions targets for the coming years. Panalpina is now one of 32 international companies to have such targets that have been approved by the Science Based Targets initiative.
Strategic appointment of divisional CCOs
To further develop our commercial activities and customer relationships, we have appointed two new divisional Chief Commercial Officers (CCOs), in addition those already appointed for Solutions and Sub Saharan Africa.
Where lean thinking and new technologies meet
Could 3D printing herald a new era of lean supply chains? This is the title of a recently published article of the Lean Management Journal (LMJ) that highlights Panalpina’s ongoing research into the global supply chains of the future. The article's authors, Panalpina's Hrishikesh Pawar and Fevos Charalampidis, are convinced that the trend towards truly lean supply chains is about to accelerate.
A charter for Chad – Panalpina donates UNICEF relief flight
For the fourth consecutive year, UNICEF and Panalpina have joined forces to fly relief goods to an African country where population movements, food insecurity, malnutrition and natural disasters have led to a health emergency and precarious humanitarian situation. In the morning hours, a Panalpina chartered cargo aircraft landed in Chad with more than 80 tons of life-saving goods on board.