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            october 16, 2019

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Panalpina has set a target to provide 500 LCL services by the end of this year


Panalpina has set a target to provide 500 less-than-container-load (LCL) services by the end of this year after adding a record number of LCL services to its network in 2013, bringing the total number to 450 weekly services worldwide.
"As the modal shift from air freight to ocean freight continues, we are giving customers more options and better choices to handle any transport needed anywhere in the world," said ocean freight chief Frank Hercksen.
LCL use by hi-tech and telecoms has been traditionally low. "These industries accounted for a little under 20 per cent of the LCL volumes in 2013. This is mostly down to the rise in consumer electronic shipments moving from air freight to ocean freight as a cost saving measure," the company statement said.
The company said in a statement that some services were altered last year and others added, in a bid to improve its global LCL network.
The drive to expand its global footprint has seen the freight forwarder add 41 LCL services in the past year while also adapting many of its current routes. The company's most recent additions include Santos to Veracruz, Dubai to Dammam, and Singapore to Casablanca.
Over the course of 2014, the company expects to add a further 50 services to its LCL network. Roughly 15 per cent of its current 450 LCL services operate two or three sailings a week.
Most Panalpina's LCL services are used by the automotive and manufacturing industries, which accounted for 30 per cent of its LCL volumes in 2013. Consumer, retail and fashion customers follow close behind with 25 per cent.
Intra-Asia remains very much in focus for the company's LCL network. In the past two years, it has significantly increased services in the region to over 100. Its busiest LCL trade lane is China to south east Asia, according to Shipping Gazette.

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