Market Insight: In a diving market, Panalpina’s air freight volumes were up – how did it fill the planes?

July 19, 2019 Alessandro Pasetti

The second quarter results of Panalpina (PAN) recorded earnings per share falling almost 24%, mainly due to appalling air freight numbers in terms of underlying profitability.
However, one metric highlighted by the Swiss 3PL – that its air freight volumes  grew by 1% vs market contraction in volumes of 5% – didn’t make a lot of sense at first glance, and had one of my senior sources, Mr Flawless, insisting there ...

The post Market Insight: In a diving market, Panalpina’s air freight volumes were up – how did it fill the planes? appeared first on The Loadstar.

Previous Article
Airlines reopen routes after Pakistan ends airspace ban
Airlines reopen routes after Pakistan ends airspace ban

Pakistan has reopened its airspace, triggering airlines to announce schedule changes. According to The Hind...

Next Article
Supply chain radar: Remarkably, Kuehne + Nagel holds up ahead of a crucial week
Supply chain radar: Remarkably, Kuehne + Nagel holds up ahead of a crucial week

Let’s start with two charts today – but they are not from Kuehne + Nagel, the next major 3PL set to report ...