Saturday 4th Apr 2020 - Logistics Manager Magazine

Viewing all articles tagged with Panalpina

Profit slips at Panalpina

Panalpina’s operating profit (EBIT) slipped from CHF 54.7 million to CHF 52.1m in the first half of 2019, despite an a small increase in revenue to CHF 2.96 billion.

Panalpina expands in Colombia and Ecuador

Panalpina is to acquire CargoMaster in Colombia and its subsidiary Laseair, in Ecuador which specialise in the air freight export of perishables such as flowers and fruits.

Profit boost for Panalpina

Panalpina’s operating profit (EBIT) rose three per cent in the first quarter to CHF 28.1 million despite a three per cent fall in gross profit to CHF 358.1m.

DSV increases offer for Panalpina

Panalpina has confirmed that DSV has made a revised takeover bid for the business – increasing the offer to CHF180 per share from CHF170.