Panalpina beats the market in 2013

PANALPINA increased its airfreight business by three per cent last year, beating the market’s one per cent growth.
It transported some 24,000 tonnes more, reaching an annual total of 825,000 (2012: 801,000].
At the same time, increasing competitive pressure led to gross profit per tonne decreasing by approximately two per cent.
In total, gross profit realized through airfreight services posted a small increase of 0.5 per cent to US$720 million in 2013.
The Swiss company has an expanding network of 500 branches in more than 70 countries and partners in 90 additional countries.
One of the big contributors to its growth is the movement of temperature-controlled goods which now make up around one fifth of the freight shipped by Panalpina.
“Pharmaceuticals products are a key part of this. Sensors are used to measure the temperature of this sensitive cargo from the moment of pick-up to final delivery,” says a statement.
Panalpina’s internally controlled airfreight network, which includes two B747-8F freighters, forms the heart of this specialism. The latest technology allows the freight to be monitored proactively throughout the entire cool chain, including all control and documentation functions.
“In the past few years, Panalpina has grown into a market leader in temperature-controlled freight. It has established a door-to-door proactive monitoring, control and documentation system for temperature-sensitive cargo,” the statement adds.
Special airfreight containers with active or passive cooling stabilise the temperature of the medicines during flight. Panalpina’s two freighters offer five adjustable, controlled-temperature zones.
In 2013, the Panalpina Group generated 40 per cent of its gross profit from airfreight, 32 per cent from ocean and 28 from logistics.
Share this story

Related Topics

Latest business news

Finnair’s cargo revenue and yields fall in first quarter of this year

Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in…

Read More

Share this story

K+N sees airfreight turnover and profits fall in first quarter

Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to…

Read More

Share this story

Stricter air cargo monitoring “not a concern”

Air cargo stakeholders are not concerned about the prospect of increased industry scrutiny following recent aircraft manufacturing-related safety incidents. During…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.