Panalpina gains market share in air and ocean freight
Panalpina group registers 4 per cent higher air freight volume and increased ocean freight volume in third quarter 2013
“The economic environment remains fragile and we the air freight market to grow by 1 per cent and the ocean freight market to grow by 3 per cent in 2013. We have to balance cost control with investments in our business platform,” says Panalpina CEO Peter Ulber.
In this environment the globally operating transport and logistics group aims to outperform the market in both ocean and air freight for the full year. In the third quarter 2013 the company’s air freight volume increased 4 per cent compared to the previous year, while the market grew by 1 per cent. The consumer and retail, healthcare and oil and gas industries showed above average volume growth.
Panalpina’s ocean freight volume increased 8 per cent compared to the previous year while the market grew by 3 per cent. Strong volumes in the consumer and retail, automotive, manufacturing, high-tech and oil and gas industries led to a new quarterly volume record. However, volatile carrier rates resulted in a slightly weaker (-1%) gross profit per TEU year-on-year, the company informs.
www.panalpina.com
Quelle: LogEastics
Portal: www.logistik-express.com
