| 09/24/2010 |
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| Panalpina awarded off-shore transport contract by Chiyoda |
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| 09/22/2010 |
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| Panalpina appoints key leadership positions: Frank Hercksen, Henrik Lund and Mike Wilson to join Panalpina |
| Today Panalpina announced the appointments of three industry experts to globally lead its core products Ocean Freight, Air Freight and Logistics.
In parallel Sven Hömmken, Head of Supply Chain Management, was also named Global Head of Marketing and Sales. The fulfilment of these positions marks the closure of the adaptations to its organizational structure announced in March 2010. |
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| 09/16/2010 |
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| Panalpina inaugurates new all cargo air freight services |
| The global forwarding and logistics group Panalpina will commence additional own controlled regular airfreight services connecting Luxembourg with destinations such as South Africa, Dubai and Hong Kong. It will also cover the transpacific route to Huntsville, Alabama in the USA, complementing Panalpina’s existing transatlantic airfreight service, Dixie Jet. Coinciding with the announcement of the new airfreight product, Panalpina celebrates the 20-year-anniversary of the Dixie Jet service. |
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| 08/17/2010 |
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| Panalpina inaugurates first dedicated Oil and Gas Logistics Facility in Singapore |
| It is the first such facility by a global freight forwarder to offer sophisticated Supply Chain Management (SCM) solutions and services for the oil and gas industry |
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| 08/16/2010 |
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| Panalpina awarded HTC airfreight business contract |
| HTC Taiwan, one of the fastest growing companies in the mobile sector, has selected Panalpina to handle its airfreight export and import business from and to Hong Kong, Shanghai and Taipei for a second straight year. |
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| 08/04/2010 |
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| Panalpina gains market share and significantly improves profitability |
| In the second quarter of 2010, the Panalpina Group posted substantial growth in forwarding volumes in both air freight (+36%) and ocean freight (+19%), gaining market share in both segments. At the same time, the company increased profitability per freight unit quarter-on-quarter and was able to keep costs tightly under control. The settlement negotiations with the U.S. authorities should be concluded in the second half of the year. In the second quarter, Panalpina set aside a CHF 128 million compliance provision to cover expected fines and future compliance consultancy costs. |
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| 08/03/2010 |
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| Panalpina Japan and YAS: Implementation of new cooperation agreement on track |
| The realignment of the successful cooperation between Panalpina Japan and the NYK subsidiary Yusen Air & Sea Service is proceeding according to plan. According to an agreement between the Panalpina Group and the NYK Group, Panalpina Japan will in-source its airfreight export operations this month and the airfreight import operations in early 2011. |
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| 08/02/2010 |
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| U.S. Authorities settle civil complaint against Panalpina |
| Among other parties, Panalpina Houston had been named as a defendant in a qui tam civil complaint filed several years ago by a private party on behalf of the U.S. Government. In the complaint it is alleged that, in connection with the provision of logistics services, a former employee of Panalpina has provided unlawful entertainment to employees of a customer. According to a settlement agreement reached with the U.S. Authorities, Panalpina will pay USD 375,000. |
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| 07/26/2010 |
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| Panalpina appoints Thomas Niederer new Global Head of Road and Rail |
| Panalpina has appointed Thomas Niederer as Global Head of Road and Rail to further strengthen its global products with a special focus on Europe and the Middle East. |
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| 07/16/2010 |
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| Panalpina appoints Chris Kent new Global Head of Panprojects |
| Chris Kent has been appointed as the new Global Head of Panprojects, a wholly-owned Panalpina subsidiary. He joined Panalpina in 2002 and has successfully managed Panprojects UK as Divisional Director. Panprojects is part of the worldwide logistics and transportation network of the Panalpina Group. |
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| 07/09/2010 |
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| Panalpina launches four new ocean freight services from Asia to Israel |
| Customer demand for premium LCL (less than container load) ocean freight services from Asia to Israel has been growing in recent months. By launching four new services from the Chinese ports of Hong Kong, Yantian, Ningbo and Shanghai to Ashdod, Panalpina considerably upgrades its LCL ocean service portfolio on this trade lane. |
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| 06/09/2010 |
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| Panalpina begins operations in new Dubai facility |
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| 05/19/2010 |
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| Panalpina and Cargill renew collaboration |
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| 05/04/2010 |
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| Annual General Meeting 2010 approves all BOD proposals |
| The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 4 May 2010, was well attended. The participating shareholders represented 59.54 % of the share capital. All proposals of the Board of Directors were approved by a clear majority. Also with a clear majority elected were the new BOD members Chris E. Muntwyler, Dr. Hans-Peter Strodel and Dr. Beat Walti. |
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| 04/29/2010 |
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| Panalpina with strong volume growth in first quarter 2010 |
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| 04/21/2010 |
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| Update: European air traffic disrupted by ash spewing from Iceland volcano |
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| 04/16/2010 |
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| European air traffic disrupted by ash spewing from Iceland volcano |
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| 04/13/2010 |
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| Panalpina supports Nintendo distribution in Chile |
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| 04/12/2010 |
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| Successful heavy lift airfreight transport to China |
| The global forwarding and logistics service provider Panalpina has chartered an Antonov AN 225 freighter aircraft in order to ensure the safe and smooth transportation of high-tech machinery from Germany to China. The loading took place on April 9 at the airport in Hamburg. On April 10, the cargo was safely offloaded in Shijiazhuang. |
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| 04/09/2010 |
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| MK Airlines is temporarily suspending its operation |
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| 04/06/2010 |
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| Panalpina achieves ISO 14001:2004 Global Environmental Certification |
| Experts from the leading inspection and certification company SGS have audited 80 country organizations of Panalpina, the global forwarding and logistics service provider. After completing the thorough audit process, SGS has granted Panalpina the Global Environmental Certification to the standard ISO 14001:2004. |
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| 03/11/2010 |
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| Panalpina with strong free cash flow generation and stringent cost control but lower volumes and gross profit |
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| 03/09/2010 |
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| Panalpina Los Angeles grows to meet supply chain service demands |
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| 02/18/2010 |
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| Panalpina launches two new ocean freight services |
| Panalpina offers two new LCL (less than container load) services to its ocean freight customers. By adding seamless connections between Belgium and the USA as well as between China and Poland, the company reacts swiftly to an ever growing demand for improved end-to-end services. |
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| 02/10/2010 |
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| Panalpina receives Statement of Objections from the European Commission |
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| 02/04/2010 |
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| Panalpina appoints Alan G. Votaw as Head of industry vertical Automotive |
| Alan G. Votaw has been appointed as the head of the competence centre for the automotive industry vertical by the Panalpina Group. Automotive is one of Panalpina’s core industry groups within the customer portfolio, which also comprises oil and gas, telecommunications, hi-tech, retail and fashion and health care (pharmaceuticals and chemicals). |
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| 01/26/2010 |
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| Panalpina opens office in Murmansk, Russia |
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| 01/26/2010 |
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| Panalpina handles Samsung ocean freight and warehousing |
|
|
| 12/09/2009 |
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| Panalpina commenced settlement discussions with the US Department of Justice |
| The investigation by the global forwarding and logistics Group Panalpina in connection with alleged violations of the Foreign Corrupt Practices Act (FCPA) mainly in Nigeria is nearing completion. |
|
| 12/04/2009 |
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| Volex entrusts Panalpina with their Global Freight Management |
| The Volex Group - a world leading producer of high speed, fiber optic and complex cable assemblies as well as electrical power cords - has awarded its Global Freight Management to Panalpina. |
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| 11/18/2009 |
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| Panalpina receives award from Sigma-Aldrich |
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| 11/05/2009 |
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| Panalpina reports a 39% increase in free cash flow despite lower volumes and gross profits |
| The Panalpina Group significantly increased its transport volumes in the third quarter of 2009 compared to the second quarter of 2009. Air freight volumes grew by 10% and ocean freight volumes by 13%. Compared to the first nine months of 2008, free cash flow increased by 39% to CHF 161 million despite 18.5% lower gross profits. In terms of operating costs, Panalpina is well on track to achieve the previously announced full year CHF 130 million reduction. |
|
| 10/26/2009 |
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| Panalpina and Atlas Air extend their cooperation |
| The global forwarding and logistics group Panalpina and its long-time airline partner Atlas Air have renewed their cooperation agreement. Within this cooperation, Panalpina provides own-controlled capacity between Europe, North America and Mexico and links the company’s Oil & Gas hubs. The capacity of the service called “Dixie Jet” is managed by Panalpina while the Boeing 747F freighter aircrafts are operated by Atlas Air. |
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| 10/23/2009 |
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| Panalpina Japan celebrates its 40th anniversary |
| 40 years ago Panalpina established its first delegation office in Tokyo. In the meantime the company operates offices also in Osaka, Narita, Nagoya and Fukuoka. Coinciding with the forty-year anniversary, Panalpina Japan is gearing up to change its status from a commercial delegation to a completely operational entity. |
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| 10/21/2009 |
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| While transport volumes have picked up significantly, gross profit performance falls short of the previous quarter |
| Panalpina, the global transport and logistics group, significantly increased its transport volumes in the air and ocean freight segments in the third quarter of 2009 as compared with the second quarter. That said, based on a 9-month comparison, volume growth and gross profit performance remained significantly below expectations. The cost development is in line with the objectives communicated by the company. |
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| 10/08/2009 |
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| Panalpina awarded business by Giochi Preziosi |
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| 09/22/2009 |
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| Panalpina awarded business by KRONES |
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| 09/03/2009 |
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| Panalpina wins KCA DEUTAG Global Freight Tender |
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| 08/18/2009 |
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| Panalpina awarded business by Thomson Mexico |
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| 08/10/2009 |
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| Panalpina Japan goes operational |
| Panalpina and the NYK Group have agreed to realign the level of their current cooperation in Japan. Panalpina Japan will entirely in-source the air and ocean freight operations effective January 2010. In line with an earlier agreement communicated in February 2007, Panalpina will continue to represent the NYK subsidiary Yusen Air & Sea Service interests in various countries. |
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| 08/05/2009 |
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| Panalpina achieves a solid result in a difficult market environment |
| Thanks to strict cost management and a consistently implemented cost-cutting program, the Panalpina Group succeeded in significantly reducing its cost base year-on-year and as a result was able to compensate for the fall in volume. Compared to the prior-year period, free cash flow increased by 175%, and compared to the first quarter of 2009, air freight volume rose in the second quarter of 2009 by 3%, ocean freight by 8%. A large number of new business deals in the SME customer segment failed to compensate for the falloff in volume from large customers. Currency fluctuations had a negative impact on results. Gross profit fell by 15% compared with the same period in 2008 (-11.5% in local currency terms). Net earnings for the first six months amounted to CHF 16.9 million. |
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| 07/27/2009 |
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| Panalpina disputes shareholder compensation complaint |
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| 07/24/2009 |
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| Panalpina Southeast Asia awarded by the Frost & Sullivan Transportation & Logistics Best Practices Research |
| Panalpina received three prestigious awards at the Frost & Sullivan Asia Pacific Transportation and Logistics Awards Ceremony 2009 confirming the company’s strong presence in this key region. |
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| 06/09/2009 |
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| Panalpina with direct tarmac access at Amsterdam Schiphol airport |
| Panalpina has moved its offices and warehouse to a brand new location at Amsterdam Schiphol airport featuring over 12,000 square metres of space, making it the first ever logistics provider to have direct access to the tarmac. Using “Vrachtgebouw Nr. 18” (VR 18) will enable Panalpina to speed up its ground handling activities and improve the security of the supply chain, thus generating added value for customers. |
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| 05/08/2009 |
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| Panalpina chosen as Huawei's prime LSP |
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| 05/05/2009 |
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| Annual General Meeting 2009 approves all proposals of the Board of Directors |
| The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 5 May 2009, was well attended once again. The participating shareholders represented 53,4 % of the share capital. All motions proposed by the Board of Directors were approved by a clear majority. |
|
| 04/29/2009 |
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| Panalpina achieves considerable cash flow increase |
| The Panalpina Group more than quadrupled free cash flow and grew gross profit per unit of cargo well above 20% in the first quarter 2009. In a very difficult market environment, the company’s gross profit declined by 11,4% compared to the same period of 2008 (-7.7% in local currencies). The implemented cost-cutting program shows encouraging results and is in line with the previously announced target of CHF 130 million savings until the end of the year. Net earnings decreased to CHF 1.9 million. |
|
| 04/14/2009 |
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| Panalpina celebrates the opening of its new office premises in Ho Chi Minh City |
| Panalpina, the global forwarding and logistics service provider, has opened a brand new office in Ho Chi Minh City. Panalpina CEO Monika Ribar officially inaugurated the new location, stating that the Group will continue its well proven growth strategy in Vietnam. In her speech of welcome she also highlighted the great strategic importance of Vietnam for the entire Group. |
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| 03/12/2009 |
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| Panalpina gains market share in 2008 |
| Organic growth despite a challenging market environment |
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| 02/12/2009 |
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| Panalpina celebrates the opening of its new logistics complex in Singapore |
| The new Distribution and Logistics Center was formally inaugurated by Panalpina CEO Monika Ribar, whose speech of welcome highlighted the great strategic importance of Singapore to the Panalpina Group – in the future as in the past. |
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| 01/28/2009 |
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| Monika Ribar inaugurates the Yendi Eye Clinic in Ghana |
| Panalpina CEO Monika Ribar recently returned from her visit in Ghana where she was invited to inaugurate the Yendi Eye Clinic funded by Panalpina, the multinational logistics group. The event was organized by the Swiss Red Cross, the Ghana Red Cross Society and Ghana Health Gratitude. |
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| 11/20/2008 |
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| Disclosure of shareholdings |
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| 11/03/2008 |
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| Disclosure of shareholdings |
|
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| 10/30/2008 |
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| Panalpina reports solid growth in revenues |
| Successfully manages impact by economic decline, currency fluctuations, and Nigeria<br><br>
Panalpina, the global freight transport and logistics group, increased its net forwarding revenue in the first nine months of 2008 by 6.9% compared to the first nine months of 2007, currency adjusted even by 13.3%. In relation to the transport volume, Panalpina continued to gain additional market share both in the air freight as well as the ocean freight sector. Gross profit decreased by 3.4%, but currency adjusted increased by 2.3%. Net earnings of CHF 105.0 million (-33.9%) were impacted by the termination of the domestic service portfolio in Nigeria as well as the global economic decline and currency fluctuations.
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| 10/23/2008 |
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| Disclosure of shareholdings |
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| 10/10/2008 |
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| Panalpina: Smooth withdrawal from Nigeria |
| Panalpina will concentrate its future activities in Nigeria on transport services up to arrival port or airport. All domestic services, including customs clearance, have been discontinued. |
|
| 09/30/2008 |
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| Disclosure of shareholdings |
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| 09/29/2008 |
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| Disclosure of shareholdings |
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| 09/29/2008 |
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| Disclosure of shareholdings |
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| 09/25/2008 |
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| Disclosure of shareholdings |
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| 09/18/2008 |
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| Disclosure of shareholdings |
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| 09/15/2008 |
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| Disclosure of shareholdings |
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| 09/12/2008 |
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| Panalpina is pleased to announce the appointment of Sven Hoemmken as global Head of Supply Chain Management |
| The global forwarding and logistics group Panalpina has appointed Sven Hoemmken (44) as Head of its global Supply Chain Management sector, based at Group headquarters in Basel. He is to begin work in his new position on 1 December and will report directly to the Chief Marketing & Sales and Supply Chain Management Officer, Sandro Knecht. |
|
| 09/03/2008 |
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| Successful completion of Panalpina share buyback program |
| On 2 September 2008, global forwarding and logistics company Panalpina concluded the share buyback program that was initiated in August 2007. As planned, a total of 1.25 million shares were repurchased. |
|
| 08/28/2008 |
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| Disclosure of shareholdings |
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| 08/18/2008 |
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| Disclosure of shareholdings |
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| 08/18/2008 |
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| Disclosure of shareholdings |
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|
| 08/14/2008 |
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| Disclosure of shareholdings |
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|
| 08/14/2008 |
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| Disclosure of shareholdings |
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|
| 08/08/2008 |
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| Disclosure of shareholdings |
| In compliance with the Federal Act on Stock Exchanges and Securities Trading (Bundesgesetz über die Börsen und den Effektenhandel) Panalpina World Transport (Holding) Ltd. received the following notification on 8 August 2008: |
|
| 08/08/2008 |
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| Disclosure of Shareholdings |
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|
| 07/30/2008 |
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| Panalpina reports dynamic growth in the first half year |
| The company will withdraw its domestic services from Nigeria later this year<br><br>
The global freight transport and logistics Group, Panalpina, increased its net forwarding revenue in the first six months 2008 compared to the first half year 2007 by 7.8%, currency adjusted even by 17.5%. In relation to the transport volume, Panalpina managed again to gain additional market share both in the air freight as well as the ocean freight sector. Gross profit was -3.9 % below, but currency adjusted 1.9 % above last year’s figure. Net earnings (CHF 76.7 million) were once again impacted by the situation in Nigeria. Panalpina intends to withdraw its domestic service portfolio from Nigeria, which is planned to be taken over by local investors. |
|
| 07/21/2008 |
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| Disclosure of shareholdings |
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| 07/03/2008 |
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| Disclosure of shareholdings |
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| 06/23/2008 |
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| Disclosure of shareholdings |
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| 06/10/2008 |
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| Disclosure of shareholdings |
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| 06/05/2008 |
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| Disclosure of shareholdings |
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| 06/02/2008 |
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| Disclosure of shareholdings |
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|
| 05/23/2008 |
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| Budapest – Panalpina’s new air freight product |
| The global freight transport and logistics group Panalpina offers its customers a new service that responds to the growing demand for flexible air freight solutions. This exclusive service offers Panalpina’s first direct freighter link from Hungary, into Russia and Hong Kong |
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| 05/20/2008 |
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| Disclosure of shareholdings |
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| 05/13/2008 |
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| Panalpina invests in state-of-the-art SAP systems |
| As part of the ongoing modernization of its IT environment, Panalpina has taken a huge leap forward and replaced its freight forwarding applications for its ocean and air freight businesses. Following an in-depth assessment, the global forwarding and logistics company decided in favour of a solution offered by its long-standing partner SAP. |
|
| 05/07/2008 |
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| Annual General Meeting 2008 approves all Board of Directors' proposals |
| The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 6 May 2008, was well attended once again. The participating shareholders represented 47,79% of the share capital. All motions proposed by the Board of Directors were approved by a clear majority. |
|
| 04/29/2008 |
|
| Panalpina reports organic growth in the first quarter |
| Strengthening of the Executive Board and management structures<br><br>
The global freight transport and logistics Group, Panalpina, significantly increased its net forwarding revenue in the first quarter 2008 compared to the first quarter 2007 by 9.2%, currency adjusted even by 15.3%. The gross profit was with -2.2% slightly behind, however currency adjusted 3.1% above the previous year’s first quarter. With -39.7%, net earnings, impacted by the situation in Nigeria, were considerably below the first quarter 2007. In order to achieve an even more direct and customer-focused market approach, the Board of Directors has unanimously approved CEO Monika Ribar’s application to enhance the company’s management structures and to extend the Executive Board from five to seven functions. |
|
| 04/18/2008 |
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| Panalpina is confident despite decline in first quarter profits |
| Compared to the 1st quarter 2007, the global transport and logistics group Panalpina has increased its net forwarding revenue in the first three months of 2008, but reports lower net earnings. |
|
| 04/08/2008 |
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| Panalpina introduces new airfreight service Palmair to Latin America |
| The global transport and logistics group Panalpina offers its customers a new service linking its worldwide network with Latin America. Together with its partner Centurion Air Cargo, Panalpina serves destinations in Latin America via the gateway in Miami, Florida. |
|
| 04/07/2008 |
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| Disclosure of shareholdings |
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|
| 03/31/2008 |
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| Disclosure of Shareholdings |
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|
| 03/28/2008 |
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| Disclosure of Shareholdings |
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|
| 03/25/2008 |
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| Disclosure of shareholdings |
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|
| 03/13/2008 |
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| Panalpina posts convincing 2007 annual results |
| Continued organic above-market growth – Leading industry position in compliance matters as strategic strength |
|
| 03/10/2008 |
|
| Panalpina appoints Marco Gadola as new Group Chief Financial Officer |
| The global freight forwarding and logistics group Panalpina has appointed Marco Gadola (44) as new Chief Financial Officer (CFO) and member of the Executive Board. He will take office in autumn 2008. |
|
| 01/29/2008 |
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| Disclosure of shareholdings |
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|
| 01/21/2008 |
|
| Management changes at Panalpina |
| Resignation of Chief Marketing & Sales Officer John Klompers. Nomination of a new Head of Corporate Development and an Officer of the newly created Corporate Compliance department. |
|
| 01/07/2008 |
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| Disclosure of shareholdings |
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|
| 12/10/2007 |
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| Disclosure of shareholdings |
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|
| 11/16/2007 |
|
| Panalpina's CFO resigns |
| Jürg Honegger, Chief Financial Officer of the global freight forwarding and logistics
group Panalpina, has taken the decision to resign for personal reasons. He will leave the
Company during the course of next year to take up a new professional challenge. His
successor will be announced in due course. |
|
| 11/01/2007 |
|
| Further persistent growth and strong profitability increase |
| The global freight transport and logistics group Panalpina continued its strong organic growth and again improved its profitability in the first nine months of 2007. Substantial new business wins in the major strategic key industries helped to further increase market shares in all areas. Gross profit grew by 16.4%, Ebit by 33.1% and net earnings by 33.3%. |
|
| 11/01/2007 |
|
| Solvay awards Panalpina with additional air freight business |
| Panalpina, one of the world’s leading providers of transport and logistics services, has been awarded significant further business from its customer Solvay Chemicals. The new air freight services will be in addition to the 13 000 TEU ocean freight per year that Panalpina already transports for Solvay. Solvay operates in pharmaceuticals, chemicals and plastics and has 400 units in over 50 countries. |
|
| 10/15/2007 |
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| Disclosure of shareholdings |
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|
| 10/10/2007 |
|
| Anti-trust investigation in the forwarding industry |
| In connection with alleged concerted practices in the area of transportation services, on 10 October 2007 the Swiss Federal Competition Commission (Weko) conducted a search also of the premises of Panalpina in Basel. A similar investigation by US anti-trust authorities has been conducted in the company’s headquarters in the USA. |
|
| 09/20/2007 |
|
| Panalpina suspends disputed services in Nigeria and confirms 2007 annual targets |
| Panalpina, one of the world’s leading suppliers of forwarding and logistic services, has suspended part of its service offering in Nigeria including its temporary importation services for oil and gas customers. The announcement is made today at Panalpina’s Investor Day in London. The suspension of these services and its potential impact on certain global agreements with oil and gas customers is expected to have an effect on the group’s Ebitda; for the current fiscal year this is estimated to be between CHF 20 to 30 million. Despite this impact, the Company has confirmed its positive outlook and financial guidance for 2007. |
|
| 08/09/2007 |
|
| Increased profitability throughout all regions and activities |
| In the first six months of 2007, the global freight transport and logistics group Panalpina continued its solid organic growth, further improved its profitability and increased market shares in all respects. While gross profit rose by 17.5%, Ebit grew by 53.5% and net earnings by 56.4%. |
|
| 07/24/2007 |
|
| Panalpina investigates business practices in certain countries |
| Some of Panalpina’s customers have announced to US authorities the review of their business practices related to Nigeria. Panalpina has decided to conduct its own internal investigations. |
|
| 05/25/2007 |
|
| Panalpina appoints new Head of Human Resources |
| The global transport and logistics group Panalpina has appointed Alastair Robertson as the new Head of Human Resources (HR). He will take office on 1 September 2007 and will report directly to the CEO Monika Ribar. |
|
| 05/25/2007 |
|
| Panalpina receives Planet Award of Partner Excellence from Lufthansa Cargo |
| The global transport and logistics group Panalpina has received an award for excellent partnership from Lufthansa Cargo. Both organizations have been working together for many years. |
|
| 05/25/2007 |
|
| Panalpina appoints new Regional CEO for the AMEC Region |
| The global transport and logistics group Panalpina has appointed Mario Kropf new Regional CEO for its AMEC (Africa, Middle East, Central Asia) business region. He will take office on 1 August 2007, reporting directly to CEO Monika Ribar. |
|
| 05/15/2007 |
|
| Annual General Meeting 2007 approves all Board of Directors' proposals |
| The Annual General Meeting of Panalpina World Transport (Holding) Ltd., held on 15 May 2007, was well attended once again. The participating shareholders represented 48.57% of the share capital. All motions proposed by the Board of Directors were approved by an overwhelming majority. |
|
| 05/10/2007 |
|
| Excellent first-quarter figures crown the career of retiring Chairman Gerhard Fischer |
| Thanks to a strong first-quarter momentum and further significantly enhanced profitability,
the global transport and logistics group Panalpina continues its very successful development. While gross profit increased by 18.9%, Ebit grew by a remarkable 93.9% and net earnings even by 109.0%. |
|
| 04/19/2007 |
|
| Rudolf W. Hug nominated as Chairman Designate |
| The Board of Directors of the global freight transport and logistics group Panalpina has appointed its member Rudolf W. Hug as new Chairman Designate. He will take office subsequent to the Annual General Meeting of 15 May 2007, succeeding Panalpina’s longstanding Chairman Gerhard Fischer, who will retire after 42 years with Panalpina. |
|
| 04/04/2007 |
|
| Roland Wider leaves Panalpina |
| Roland Wider has resigned from his Executive Board and Chief Administrative Officer position of the global freight transport and logistics group Panalpina today. This decision was taken by mutual agreement. |
|
| 03/15/2007 |
|
| Further strong growth leads to record figures for the business year 2006 |
| Panalpina, the global freight transport and logistics group, continues its solid organic growth and posts excellent results for the year 2006 due to a strong performance and further improved profitability. The Group increased its net forwarding revenue by 11.3%
to CHF 7,735 million, boosted net earnings by an impressive 52.5% to CHF 184 million and created more than 700 new jobs worldwide. |
|
| 02/01/2007 |
|
| Panalpina and NYK reach agreement on a global cooperation |
| Panalpina and the NYK Group have agreed to cooperate both in Japan and internationally. The two companies can ideally support each other due to their complementary geographic networks and similar business models. According to the agreement, the NYK subsidiary Yusen Air & Sea Service (YAS) will become Panalpina’s agent in Japan whilst Panalpina will represent YAS’ interests in various countries in addition to its existing network. |
|
| 12/11/2006 |
|
| Panalpina named "Project Forwarder of the Year" |
| Panalpina, the global transport and logistics group, has received two more prestigious industry awards. |
|
| 11/29/2006 |
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| Panalpina appoints new Regional CEO for North America |
| The global transport and logistics group Panalpina has nominated Karl Weyeneth as the new Regional CEO for its Noram business region. He will take office on 1 February 2007, succeeding Peter Merath, who will retire after more than 40 years with Panalpina. |
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| 10/30/2006 |
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| On track for a record year due to unabated growth and strong profitability in the first nine months |
| The global transport and logistics group Panalpina persistently continues its solid performance and posts excellent results for the first nine months of 2006. Fueled by favorable world market conditions, substantial new business wins and successful cost management, both Ebitda, Ebit and net earnings have already reached the full-year results level of 2005. |
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| 10/10/2006 |
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| Monika Ribar takes over as CEO with an extended Executive Board |
| Monika Ribar (47) has officially taken over as CEO of the Panalpina Group, the global transport and logistics company. A decision to simultaneously extend and strengthen the Executive Board was taken yesterday by the Board of Directors. |
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| 09/17/2006 |
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| Panalpina expands air and ocean logistics services in Dubai |
| Panalpina, the global transport and logistics group, will move into a brand new logistics center in Dubai Logistics City, which will be part of Dubai World Central at Jebel Ali. On September 17, Panalpina attended the signing ceremony in the presence of His Highness Sheikh Ahmed bin Saeed Al-Maktoum. Construction is expected to commence end of this year. |
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| 09/07/2006 |
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| Panalpina provides new logistics services to Schlumberger |
| The global transport and logistics group Panalpina has been awarded new business from its customer Schlumberger Oilfield Services. The portfolio will consist of logistics and distribution services in the Europe, Caspian and Africa region. Schlumberger is the leading service provider to the worldwide oil and gas industry. |
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| 08/10/2006 |
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| Solid growth and further improved profitability in the first half of 2006 |
| In a generally positive business environment, Panalpina, the global transport and logistics group, continued its excellent performance during the first six months of 2006. While net forwarding revenue went up 15.5%, Ebit increased by 68.6% and net earnings by 58.2%. |
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| 07/07/2006 |
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| PWTN share to be included in the SMIM index |
| With effect of 2 October 2006, the PWTN share will be included in the SWX index basket SMIM, which reflects the most liquid mid-cap stocks in the Swiss equity market. |
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| 06/28/2006 |
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| Monika Ribar appointed CEO of Panalpina |
| The Board of Directors of the global transport and logistics group Panalpina has nominated the current CFO Monika Ribar (47) as the designated new CEO. Monika Ribar is a dynamic leadership personality who is well acquainted with the Group. |
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| 05/11/2006 |
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| Annual General Meeting: Shareholders approve all proposals by the Board of Directors |
| All motions proposed by the Board of Directors were approved by a clear majority at the well-attended first public Annual General Meeting of Panalpina World Transport (Holding) Ltd. on 11 May 2006. The shareholders in attendance represented 49.59% of the shares with voting rights. |
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| 05/04/2006 |
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| Impressive business results in the first quarter 2006 |
| The global transport and logistics group Panalpina showed a very strong performance and achieved excellent results in the first three months of 2006. Continued organic growth and substantial business wins under favorable market conditions lead to increases in net forwarding revenue by 20.6% and in EBIT even by remarkable 145.3%. |
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| 04/05/2006 |
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| Board of Directors proposes dividend increase |
| In view of the successful result for the business year 2005, the Board of Directors of Panalpina World Transport (Holding) Ltd. at its meeting on 3 April 2006 has decided to propose to the Annual General Meeting to be held on 11 May 2006 that a dividend of CHF 2.00 (gross) per share be paid. |
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| 03/17/2006 |
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| Business year 2005: Successful IPO and further significant increase of results |
| Panalpina, the Swiss-based global transport and logistics group, reports strong results for 2005. The Company increased its gross revenue by 11.3% and its net forwarding revenue by 13.8% to CHF 6 962 million, achieved mostly by pure organic growth and reflecting the positive economic trend for the forwarding and logistics industry. Net earnings improved by 20.3% to CHF 120.3 million. The restructuring in North America started to show promising results. |
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| 11/08/2005 |
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| Nine months results: Strong organic growth and improved profitability |
| The global transport and logistics group Panalpina posts convincing results for the first nine months of 2005. Net forwarding revenue grew 13.7% to CHF 4,967 million while the operating result (EBIT) increased 26.0% to CHF 130 million. Net income improved by 31.3% to CHF 103 million. |
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| 10/12/2005 |
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| Panalpina opens logistics service center in Montgomery, USA |
| Panalpina, the global forwarding and logistics group, has opened a logistics service center in Montgomery, Alabama, United States, to serve its growing automotive business in the region. |
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| 10/05/2005 |
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| Panalpina acquires Norwegian Overseas Shipping Group |
| The global transport and logistics group Panalpina has acquired the Overseas Shipping Group based in Oslo. The takeover of its longstanding agent for the Nordic area will enable Panalpina to further enhance its worldwide market leadership in the supply chain to the international oil and gas industry. |
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| 09/23/2005 |
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| Exercise of Over-Allotment Option |
| Press release of Credit Suisse First Boston |
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| 09/22/2005 |
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| Offer price of Panalpina shares set at CHF 80.00 |
| The Panalpina IPO attracted high investor interest. The offer price for one Panalpina World Transport (Holding) Ltd. registered share was set at CHF 80.00. Shares will be traded on the SWX Swiss Exchange for the first time today. |
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| 09/08/2005 |
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| Panalpina announces details regarding its IPO |
| The price range for registered shares being offered in the IPO of Panalpina World Transport (Holding) Ltd. will be CHF 76.00 to CHF 88.00 per share. The offering period will start on 8 September and is expected to end on 21 September, 12.00 am CET. The first day of trading on the SWX Swiss Exchange is planned for 22 September 2005. |
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| 08/24/2005 |
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| IPO taking shape with extended Board of Directors and convincing half year result |
| Panalpina, one of the world's leading forwarding and logistics service providers, announces further details regarding its planned going public on the SWX Swiss Exchange. In addition, the group informs about new appointments to its Board of Directors and reports further revenue and earnings growth in the first half of 2005. |
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| 08/16/2005 |
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| Panalpina honoured by important Customers |
| The global forwarding and logistics group Panalpina has received "best supplier" awards for its extraordinary services from two of its major Customers, the Singapore-based technology company Flextronics and the German Bosch Group. |
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| 07/13/2005 |
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| Panalpina acquires Singapore-based Janco Oilfield Services |
| Effective July 1, 2005, the global transport and logistics group Panalpina has acquired the business of Singapore-based logistics provider Janco Oilfield Services. Through this acquisition Panalpina will strengthen its globally leading position in supply chain services for the oil and gas industry. |
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| 06/15/2005 |
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| New Executive Board positions at Panalpina |
| The worldwide transport and logistics group Panalpina optimizes its regional structure and reduces its Executive Board. |
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