Key Developments: Panalpina Welttransport Holding AG (PLWTF.PK)
104.00USD
7 Jun 2013
$0.80 (+0.78%)
$103.20
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Latest Key Developments (Source: Significant Developments)
Panalpina WeltTransport Holding AG Announces Chief Executive Officer Step Down
Panalpina WeltTransport Holding AG announced that the Company's Chief Executive Officer, Ms. Monika Ribar, will step down from the said post on June 1, 2013 and her responsibilities will be handed over to Mr. Peter Ulber. Full Article
Panalpina WeltTransport Holding AG Proposes Dividend
Panalpina WeltTransport Holding AG announced that its Board of Directors proposed to the Annual General Meeting the payout of an unchanged dividend of CHF 2.00 per share. Full Article
Panalpina WeltTransport Holding AG Issues Q3 FY 2012 EBITDA Guidance Below Analysts' Estimates
Panalpina WeltTransport Holding AG announced that for the third quarter of the fiscal year 2012 (Q3 FY 2012) it expects EBITDA of between CHF 15 million and CHF 20 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report third quarter of the fiscal year 2012 EBITDA of CHF 45.02 million. Full Article
Panalpina WeltTransport Holding AG Launches Three Container Services from Asia to Europe
Panalpina WeltTransport Holding AG announced that it has launched three consolidated container services from Asia to Europe. Operated by Pantainer Express Line, the weekly connections are from Singapore to Prague, from Singapore to Budapest and from Shanghai to Graz. The emission of carbon dioxide will be lowered by up to 33%. Full Article
Panalpina WeltTransport (Holding) Ltd. Adds New LCL Services from Japan to Singapore
Panalpina WeltTransport (Holding) Ltd. (Panalpina) announced the launch of three new direct Less than Container Load (LCL) services from Japan to Singapore. The new guaranteed weekly services from Kobe, Nagoya and Tokyo are operated by Panalpina’s in-house carrier Pantainer Express Line. The new services into Singapore seamlessly connect Japan to Panalpina’s global LCL network. The new ocean freight consolidation services on Japan’s south coast serve exports out of the three regions Kansai (Kobe as well as Osaka and Kyoto), Chubu (Nagoya) and Kanto (Tokyo including Yokohama and Kawasaki). Full Article
Panalpina WeltTransport (Holding) Ltd. to Establish Four Logistics Competence Centers and Supply Chain Solutions Center
Panalpina WeltTransport (Holding) Ltd. announced that it plans to establish Logistics Competence Centers (LCCs) in Prague, Singapore, Buenos Aires and New Jersey as well as Supply Chain Solutions Center in Frankfurt am Main. The establishment of Panalpina's LCCs will provide support for the Logistics teams in Panalpina's areas. The Supply Chain Solutions Center in Frankfurt acts as an extension of the customers' supply chain management for improving their supply chain end-to-end. Full Article
Panalpina WeltTransport (Holding) Ltd. Enters into Strategic Partnership with RedPrairie
Panalpina WeltTransport (Holding) Ltd (Panalpina) announced that it has entered into strategic partnership with RedPrairie. By combining VAS with its Air and Ocean Freight services Panalpina is able to provide complete end-to-end solutions to its customers. The RedPrairie suite will give a global standardized platform for logistics and the ability to provide customized, flexible solutions for Panalpina’s customers in VAS areas such as Inbound to Manufacturing, Production and Postponement Services and Distribution and Aftermarket Services. Full Article
Panalpina WeltTransport (Holding) Ltd. Appoints New Chief Financial Officer
Panalpina WeltTransport (Holding) Ltd. announced that it has appointed Robert Erni as the new Chief Financial Officer of the Company. Further details were not disclosed. Full Article
Panalpina WeltTransport (Holding) Ltd. Opens Branch Unit in Ludhiana, India
Panalpina WeltTransport (Holding) Ltd. announced that it has opened a new branch unit in the city of Ludhiana, Punjab, north India. Full Article
Panalpina WeltTransport (Holding) Ltd. Opens Branch Office in India
Panalpina WeltTransport (Holding) Ltd. announced that it has opened a new branch office in the city of Jaipur, India. Full Article
UPDATE 4-Panalpina hires former Kuehne & Nagel manager as CEO
* Kuehne says its attrition far below industry average (Adds comment from Kuehne & Nagel, updates shares)
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