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Panalpina
Panalpina, legally ''Panalpina Welttransport Holding AG'', was a Swiss logistics company. It merged with DSV in 2019 and became DSV Panalpina, with the Panalpina name being killed off in September 2021 by DSV through a brand re-alignment. Overview Panalpina provided freight forwarding and logistics services, intercontinental air and ocean freight and associated supply chain management. It employed 15,000 people worldwide with hubs in Luxembourg, at Findel Airport, Prague and in Huntsville, Alabama, at Huntsville International Airport. The aircraft fleet composed of one Boeing 747-8F. Panalpina offers services to various industry verticals such as Hi-Tech, Automotive, Telecom, Retail&Fashion, Healthcare as well as Oil and Gas. Panalpina had wet leased or ACMI (aircraft, complete crew, maintenance, and insurance) agreements with cargo airline Atlas Air Cargo, naming one Boeing 747 the "Spirit of Panalpina". This arrangement ceased in July 2020 with the loss of around 88 jobs. ...
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DSV (company)
DSV A/S is a Danish transport and logistics company offering transport services globally by road, air, sea and train. Since its foundation in 1976 by nine independent Danish hauliers, the company has achieved rapid expansion and international presence, predominantly through a series of strategic competitor acquisitions, some of the most important ones being Samson Transport (1997), DFDS Dan Transport Group (2000), J.H.Bachmann (2004), Frans Maas (2006), ABX LOGISTICS (2008) and UTi Worldwide, Inc. in 2016. In April 2019, DSV signed an agreement to acquire Panalpina Welttransport (Holding) AG and the deal was closed in August 2019. With headquarters in Hedehusene (near Copenhagen), Denmark, and offices in more than 80 countries, DSV employs 56,000 people and collaborates with partners and agents globally. The company is listed on NASDAQ OMX Copenhagen (Copenhagen Stock Exchange) and included in the OMXC25 index as one of the 25 most traded stocks. The company is structured in thr ...
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DSV Panalpina
DSV A/S is a Danish transport and logistics company offering transport services globally by road, air, sea and train. Since its foundation in 1976 by nine independent Danish hauliers, the company has achieved rapid expansion and international presence, predominantly through a series of strategic competitor acquisitions, some of the most important ones being Samson Transport (1997), DFDS Dan Transport Group (2000), J.H.Bachmann (2004), Frans Maas (2006), ABX LOGISTICS (2008) and UTi Worldwide, Inc. in 2016. In April 2019, DSV signed an agreement to acquire Panalpina Welttransport (Holding) AG and the deal was closed in August 2019. With headquarters in Hedehusene (near Copenhagen), Denmark, and offices in more than 80 countries, DSV employs 56,000 people and collaborates with partners and agents globally. The company is listed on NASDAQ OMX Copenhagen (Copenhagen Stock Exchange) and included in the OMXC25 index as one of the 25 most traded stocks. The company is structured in thr ...
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Huntsville International Airport
Huntsville International Airport (Carl T. Jones Field) is a public airport and spaceport ten miles southwest of downtown Huntsville, in Madison County, Alabama, United States. The airport is part of the Port of Huntsville (along with the International Intermodal Center and Jetplex Industrial Park), and serves the Huntsville-Decatur Combined Statistical Area. Opened in October 1967 as the Huntsville Jetport, this was the third airport for Huntsville. Today it has 12 gates with restrooms, shops, restaurants, phones and murals depicting aviation and space exploration scenes. There is a Four Points by Sheraton above the ticketing area/lobby, and adjacent to the terminal is a parking garage and to opposite sides are the control tower and a golf course. The airport's west runway, at , is the second longest commercial runway in the southeastern United States, being shorter than the longest runway at Miami International Airport. Huntsville is frequently used as a diversion airport f ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Companies Based In Basel
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Transport Companies Of Switzerland
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Ve ...
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Logistics Companies Of Switzerland
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. In military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as the modern military has a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed. Logistics management is the part of supply chain management and supply chain engine ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in ci ...
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Swiss Franc
The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. In its polyglot environment, it is often simply referred as german: Franken, french: franc, it, franco and rm, franc. It is also designated through signes: ''Fr'' Some fonts render the currency sign character "₣" (unicodebr>U+20A3 as ligatured Fr, following the German language convention for the Swiss Franc. However, most fonts render the character as F with a strikethrough on the lower left, which is the unofficial sign of French Franc. (in German language), ''fr.'' (in French, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for ''.'' This acronym also serves as eponymous ISO 4217 code of the currency, CHF being used by banks and finan ...
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SWX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as stock options. SIX Swiss Exchange is completely owned by SIX Group, an unlisted public limited company itself controlled by 122 banks or financial institutions. The exchange in its current state was founded in 1993 by merging the Geneva Stock Exchange, the Basel Stock Exchange and the Zürich stock exchange into the (German for "Swiss Securities Exchanges Association"), publicly known in English as ''Swiss Exchange''.SIX Swiss Exchange
Interactive brokers. Retrieved 15 April 2020.
The newly created association took over trading in 1995. It was the first stock exch ...
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Atlas Air Cargo
Atlas Air, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, is a major American cargo airline, passenger charter airline, and aircraft lessor based in Purchase, New York. Atlas Air is the world's largest operator of the Boeing 747 aircraft, with a total fleet of 54 of this specific fleet type. In 2021, the airline had 4,056 employees and operated to more than 300 global destinations. History In 1992, Atlas Air began operations when the airline's founder, Michael Chowdry, started leasing aircraft to airlines. In 1993, China Airlines, the first customer, initiated operations with Atlas Air with one airplane on an aircraft, crew, maintenance, and insurance (CMI) agreement. By 1995, Atlas Air began trading publicly. In 1997, Atlas placed an order for 10 new Boeing 747-400F aircraft with another two orders for 747-400Fs placed in 1998. On January 30, 2004, Atlas Air Worldwide entered Chapter 11 bankruptcy. In July 2004, the parent company completed its restr ...
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Cargo Airline
Cargo airlines (or air freight carriers, and derivatives of these names) are airlines mainly dedicated to the transport of air cargo, cargo by air. Some cargo airlines are divisions or subsidiaries of larger passenger airlines. In 2018, airline cargo traffic represented 262,333 million tonne-kilometres with a 49.3% Load factor (transportation), load factor: % for dedicated cargo operations, and % within mixed operations (belly freight of passenger airliners). Freight rates Amid the COVID-19 pandemic, adjusted cargo capacity fell by 4.4% in February while air cargo demand also fell by 9.1%, but the Impact of the COVID-19 pandemic on aviation, near-halt in passenger traffic cut capacity even deeper as half of global air cargo is carried in passenger jets’ bellies. Air freight rates rose as a consequence, from $0.80 per kg for transatlantic cargoes to $2.50-4 per kg, enticing passenger airlines to operate cargo-only flights through the use of preighters, while cargo airlines brin ...
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