Panalpina: New Regional CEO appointed

Panalpina: New Regional CEO appointed

Panalpina today announced that Stefan Karlen, Managing Director Southeast Asia, has been appointed Regional CEO Asia Pacific with immediate effect. His predecessor Marco Gadola will be leaving the company to pursue a career opportunity outside of the logistics...
FedEx Corp. Reports Second Quarter Earnings

FedEx Corp. Reports Second Quarter Earnings

MEMPHIS, Tenn., December 19, 2012 … FedEx Corp. (NYSE: FDX) today reported earnings of $1.39 per diluted share for the second quarter ended November 30, compared to $1.57 per share last year.  Superstorm Sandy impacted the quarter’s results by $0.11 per diluted...
Panalpina expects goodwill impairment

Panalpina expects goodwill impairment

Due to the loss of a major customer in Norway, Panalpina reviewed the goodwill position related to its acquisition of Norwegian-based Grieg Logistics in 2011. Based on the expected business development in Norway over the coming years, the Group considers that the...

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