Purpose-built facility inaugurated by CEO Stefan Karlen
Swiss freight forwarder and logistics company Panalpina has recently opened a new, purpose-built logistics center in Singapore. Strategically located at Pioneer View, the new facility is constructed over six floors and offers 25,800 m2 of usable warehouse space, which is equivalent to 3.5 FIFA-standard football pitches.
As the company celebrates 40 years of doing business in Singapore, this is the largest ever warehousing investment outside Europe in the company’s history. The building features a unique yard and container storage on the rooftop, the latest automation and air conditioning on all floors.
“Singapore is a very important consolidation hub for ocean and air freight. The nation-state is investing in the expansion of its ports, and a fifth runway is under construction at Changi Airport,” Panalpina CEO Stefan Karlen said at the inaugural ceremony. Karlen also stressed that 96 of Panalpina’s top 100 global customers have a base in Singapore.
Against this backdrop, Panalpina plans to offer air and ocean freight services including value-added logistics services to companies, particularly in the energy, healthcare, high tech, manufacturing, consumer and retail, as well as fashion industries.
The majority of the space of the multi-purpose facility is already rented out to customers, and Karlen was keen to underline the importance of technologies to the Singapore facility, as well as to the company as a whole.
