The new DSV Panalpina will be a logistics goliath across a number of sectors with a combined 3 million TEU Air & Sea division, more than 1.5 million tons of airfreight annually and a US $17-billion annual revenue.
A merger between Agility and Panalpina would create a logistics behemoth with revenues exceeding AED 48-billion based on 2017 figures.
The move would enable Panalpina to considerably increase its size and fend off future takeover attempts, but was not well-received by investors
Panalpina opened its new logistics facility in Dubai South this year, we were there to find out how it will enhance the overall logistics ecosystem in the region.
Panalpina has officially launched its largest logistics and manufacturing facility globally in the logistics sector of Dubai South.
Panalpina plans to use a single warehouse management system (WMS) across its entire network of logistics facilities around the world, with half already using the new system.
Panalpina Egypt has moved its country head office to the newly developed Cairo Cargo City at Cairo International airport.
Genavco has completed a contract for the design and construction of 17,000-pallet position of racking for Panalpina’s new warehouse in Dubai South.
BT has announced a contract with Panalpina to transform and manage its global communications infrastructure.
The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa.
Managing director discusses the Middle East's logistics opportunities.