Panalpina offers services to various industry verticals such as Hi-Tech, Automotive, Telecom, Retail&Fashion, Healthcare as well as Oil and Gas.
[2] Panalpina was fully owned by the Ernst Göhner Foundation until its public listing on the SWX Swiss Exchange on 22 September 2005.
The U.S. Department of Justice and the Securities and Exchange Commission investigated whether the company had paid foreign officials to speed drilling rigs and other equipment through customs.
As part of the restructuring, DSV has decommissioned some old Panalpina IT systems (such as SAP TM in favour of CargoWise), resulting in job cuts across the new organisation.
This also extended to relocating the head office to Copenhagen, effectively ending the tenure of Basel as the main company headquarters.