Panalpina gives its distribution arm a boost

Covering a space of 9,500 square metres, the new facility is designed to meet Thailand’s increasing demand for warehousing of lubricating oil, grease, chemicals and automotive components, the company said.
Matthew Mahoney, managing director of Panalpina World Transport (Thailand) Ltd, a transport and logistics provider from Switzerland, said: “Panalpina specialises in logistics management. The group operates a global network with some 500 offices in more than 75 countries, and works with partner companies in a further 90 countries. 
“Panalpina Group has been expanding its business in Thailand since 1989 to provide global and local customers with air freight and ocean freight services, customer brokerage, in-land transportation, cross-border trucking, container freight station consolidation, and warehousing and storage services.”
He added: “One of our strategic partners since we first started our business in Thailand is TICON Logistics Park (TPARK), who provides warehousing space and facilities for lease at TPARK Bangna. Our first warehouse provided by TPARK was a dangerous goods (DG) warehouse, and then we expanded into their free zone warehousing space. 
“The latest deal we made with TPARK is for our new distribution centre which is designed for warehousing engine lubricants oil and grease.”
Over the last five years, Panalpina Thailand said its logistic business has grown at an average rate of 52 per cent. 
It said customers from the lubricating oil and grease industry represent 56 per cent of its business while chemicals and spare parts customers make up 33 per cent and 12 per cent of its business respectively. 
“Therefore, the group needs to expand its warehousing capacity in response to this rising demand, especially in the field of transportation of lubricating oil and grease, which has experienced steady growth in recent years,” the company said.