Toshiba awarded Panalpina overland transport from Germany to Moscow

Toshiba has selected Panalpina to handle its overland business ex. Regensburg, Germany, location of one of its European distribution centers,to Moscow beginning in January 2011.

The agreement covers international trucking and customs clearance as well as local cross-docking and distribution services. The initial freight volume is approximately 200 trucks ex. Regensburg, Germany with cross-docking activities for 11’000 pallets including local distribution to more than ten locations within Russia.

Panalpina’s extensive experience transporting hi-tech cargo and its ability to offer Toshiba important value-added services will be key to the future development of collaborative end-to-end logistics solutions. Panalpina is building on its successful cooperation between Toshiba Europe and Panalpina Nuremberg. For the past three years, Panalpina has been managing total warehouse operations and kitting and packing operations for this product group for Toshiba in Dubai to supply Toshiba customers in the Middle East and African regions.

Toshiba Ltd.

Toshiba is a world leader and innovator in pioneering high technology and a diversified manufacturer and marketer of advanced electronic and electrical products spanning information and communications systems, digital consumer products, electronic devices and components, power systems, including nuclear energy, industrial and social infrastructure systems and home appliances. Toshiba was founded in 1875, and today operates a global network of more than 740 companies, with 204’000 employees worldwide.

The Panalpina Group

The Panalpina Group is one of the world’s leading suppliers of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding services tailored to its customers’ individual needs. The Panalpina Group operates a close-knit network with some 500 branches in over 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 15’000 people worldwide.

For more details, please contact:

Media Relations Investor Relations
Martin Spohn Jürg Vogt
Tel. +41 61 226 11 66 Tel. +41 61 226 15 44
martin.spohn@panalpina.com juerg.vogt@panalpina.com

Further information is available at www.panalpina.com

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