First quarter yields profit for Panalpina

With strong performances in ocean freight and logistics, Swiss forwarder Panalpina started the year on a positive note, reporting a consolidated profit of CHF14…

Panalpina profit slides 37% as Europe-Asia trade slows

Panalpina’s profit went down 37.5 percent year-over-year for the second quarter of 2012 due to the slowdown in the Europe-Asia trade. Earnings before interest,…

EU fine turns Panalpina operating profit into $43 million loss

The EU and Swiss antitrust fines of CHF59 million (US$64 million) levied on Panalpina resulted in a loss of CHF40 million ($43 million) for…