Panalpina WeltTransport (Holding) Ltd. : Ocean Freight: Panalpina adds further Intra Asia LCL services

		Ocean Freight: Panalpina adds further Intra Asia LCL services 01/25/2012 Panalpina, one of the world's leading providers of supply chain solutions, today announced the launch of six new direct Less than Container Load (LCL) services through its in-house carrier Pantainer Express Line. The new guaranteed weekly services all run out of Shanghai (China), separately connecting to Keelung (Taiwan), Manila (Philippines), Ho Chi Minh City (Vietnam), Bangkok (Thailand), Singapore and Jakarta (Indonesia). The new services meet increased customer demand for reliable LCL solutions on the Intra Asia trade. The six new guaranteed weekly services have been launched to meet increased customer demand especially in the consumer, high-tech and telecom industry and to strengthen Panalpina's position as one of the leading LCL service providers on the Intra Asia trade. The services to Bangkok and Singapore have already existed but have now been upgraded to two and three sailings respectively per week. Reliable and cost worthy option on the Intra Asia trade Panalpina's customers in Asia can utilize these services operated by the in-house carrier Pantainer Express Line to further optimize their supply chains for smaller orders. The LCL solutions represent a reliable and cost worthy option to air freight or Full Container Loads (FCL) on the Intra Asia trade. With short lead times and improved frequencies customers will now benefit from ocean freight economies of scale regardless of their order volumes. The new LCL services are part of Panalpina's long term strategy to grow business on key Asia trade lanes, especially on the Far East Westbound, Transpacific Eastbound, Intra Asia, Asia to Latin America and Asia to Middle East trade. "Intra Asia plays a pivotal role in our global LCL network and in the Group's growth strategy and we are committed to delivering new solutions that meet our customers supply chain needs," commented Frank Hercksen, Global Head of Ocean Freight at Panalpina. Increased flexibility, reliability and improved supply chain Less than Container Load or LCL offers the possibility to consolidate multiple consignments from several customers in one Full Container Load (FCL). The Panalpina LCL product consists of numerous direct LCL services in combination with its global strategic LCL hub network. Panalpina provides customers seamless door-to-door services with the highest level of schedule integrity increasing the flexibility and reliability within the end-to-end supply chain. The Panalpina Group The Panalpina Group is one of the world's leading providers of supply chain solutions, combining intercontinental Air and Ocean Freight with comprehensive Value-Added Logistics Services and Supply Chain Services. Thanks to its in-depth industry know-how and customized IT systems, Panalpina provides globally integrated end-to-end solutions tailored to its customers' supply chain management needs. The Panalpina Group operates a global network with some 500 branches in more than 80 countries. In a further 80 countries, it cooperates closely with partner companies. Panalpina employs approximately 15,000 people worldwide.