Wednesday, August 19, 2009

Panalpina Expands Logistics Services

New contract in Mexico and increase for Spanish operation
Shipping News Feature

MEXICO / SPAIN - Panalpina has been nominated by Thomson Premises Connected (TPC) as official logistics provider in Mexico. The scope of business includes 2,000 sq metres of bonded warehouse space and domestic distribution nationwide.

Thomson is one of the worlds leading providers of solutions for the Communication, Media & Entertainment industries.

In further news the Swiss company has also leased 5,500 square metres at Madrid's Barajas International Airport to expand its Spanish operations.

These developments show that despite admitting to poor results earlier in the month, Panalpina’s CEO Monika Ribar's optimistic report at the time looks to be proving accurate.