| Type | Public (SIX: PWTN) |
|---|---|
| Industry | Transport |
| Founded | 1935 |
| Headquarters | Basel, Switzerland |
| Key people | Monika Ribar (CEO), Sandro Knecht (CMO), Dominik Tichelkamp (CPO), Karl Weyeneth (COO), Marco Gadola (CFO), Alastair Robertson (CHO), and Christoph Hess (Corporate Secretary) |
| Products | Freight Forwarding Services Logistic Services |
| Employees | 15,000 (2008) |
| Website | www.panalpina.com |
Panalpina is a Swiss company, provider of forwarding and logistics services, specializing in intercontinental air and ocean freight and associated supply chain management solutions. It operates a network of some 500 branches in more than 90 countries; in a further 60 countries, the group cooperates closely with selected partners. Panalpina employs some 15,000 people worldwide.
Panalpina was fully owned by the Ernst Göhner Foundation until its successful public listing on the SWX Swiss Exchange on September 22, 2005. In 2005 Panalpina acquired Janco Oilfield Services in Singapore and Overseas Shipping Group in Norway.
While the company offers services to various industry verticals such as Hi-Tech, Automotive, Telecom, Retail&Fashion, Health Care as well as Oil and Gas, in the latter it has a leading position in providing logistic services on a global scale. In addition, Panalpina has a cooperating agreement with cargo airline Atlas Air Cargo, which in turn has one Boeing 747 named "Spirit of Panalpina" [1].
Panalpina issues master bills of lading under the 'Pantainer' brand name.
in 2010 Panalpina is close to settling foreign bribery charges by U.S. regulators to pay $85 mln over bribery allegations. the U.S. Department of Justice and the Securities and Exchange Commission have investigated about whether the company had paid foreign officials to speed drilling rigs and other equipment through customs (source : http://www.reuters.com/article/idUSN1416302920101015)