The North American arm of Switzerland-based Panalpina World Transport, Panalpina, Inc. offers airfreight and ocean freight forwarding, and supply chain management services. The company provides customs brokerage along the US, Canadian, and Mexican borders, as well as warehouse and distribution services. Panalpina oversees its parent company's operations in the US, Puerto Rico, and Canada through a network of some 40 offices. It specializes in services for a diverse group of industries, including automotive, retail and fashion, health care, oil and gas, and technology. The company even offers a division for shipping helicopters. Panalpina brings in about 20% of its parent company's revenues.
Cross-border trade between the US and Mexico continues to be a growth opportunity for Panalpina. In recent years the company has bolstered its air and ground operations between the two countries by opening offices in border cities like McAllen, Texas, and expanding its facilities in Laredo, Texas, and Los Angeles.
Panalpina also leverages its operations to support its parent's transcontinental air freight business. The company serves select regions in the US and Europe through an agreement with partners Atlas Air and air maintenance company Dixie Jet. In addition, its parent has been expanding its presence in emerging markets like South America and Asia by leveraging Panalpina, Inc.'s operations to connect flights between Asia and Brazil. – less