Panalpina focuses on total supply chain

PANALPINA plans to beat market growth with its gross revenues by 20 per cent, according to its latest corporate strategy. For 2011 to 2014, the company expects an average market volume growth of five per cent for airfreight.

“It is our clear goal to outperform market growth. This will mainly be achieved through organic growth, but acquisitions remain a viable option,” said Marco Gadola, chief financial officer, adding that customised IT products will be key to that success.

Panalpina’s chief executive officer, Monika Ribar (right), said the company will strongly push both supply chain and value-added services, such as supply chain optimisation and after-market services, to complement its core air and ocean freight businesses.

“We are far more than a freight forwarder,” Ribar said. “All of these services allow us to offer our customers global and tailored end-to-end supply chain solutions.”

She added that there will be particular focus on the consumer and retail, healthcare, hi-tech, and oil and gas markets, as well as developing trade lanes between Asia and the ‘old economies’.

Share this story

Related Topics

Latest news

time:matters gives update on Lufthansa capacity

By Rachelle Harry

Lufthansa has expanded its bellyhold operations by increasing frequency and destinations of its passenger flights. In a statement, time-critical logistics…

Read More

Share this story

Volga-Dnepr and Geodis partner on 48 An-124 flights

By Damian Brett

Volga-Dnepr recently teamed up with freight forwarder Geodis to complete 48 An-124 flights carrying medical supplies to France. The freighter…

Read More

Share this story

Saudia Cargo operates 1,500 flights in 100 days to combat pandemic

By Rachelle Harry

Saudia Cargo has carried out more than 1,500 flights in 100 days — since March this year, when Covid-19 restrictions came…

Read More

Share this story