Swiss forwarder Panalpina managed to create value for shareholders last year, despite challenging trading conditions that impacted its underlying profits and cash flows.
It released fourth-quarter and annual numbers on Wednesday, when its management team told The Loadstar that 2017 was a solid year, and 2018 will be another year of consolidation for the freight forwarders.
President and chief executive Stefan Karlen acknowledged that there was still some work to do in certain …
The post Interview: Panalpina’s top brass bullish over M&A prospects, air freight and results appeared first on The Loadstar.
Source: The Loadstar
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