air freight |

Providers by 2012 Gross Revenues and Freight Forwarding Volumes

Panalpina is a top 10 freight forwarder. It handles more than 1.3 million TEUs per year, more than 800,000 metric tons of air freight and about 1 million tons of non-containerized break bulk cargo. It has 242 sub-contracted warehouses in 150 countries. Panalpina concentrates on nine verticals/segments: Automotive, Chemicals, Consumer Retail, Fashion, Healthcare, High-Tech, Manufacturing, Oil & Gas, and Telecommunications. Telecom growth was major in 2007. Its Oil & Gas operations are primarily in project logistics, which accounts for 10% to 15% of Panalpina’s revenues.