Panalpina continues to expand in the perishables sector with its latest acquisition

Air Cargo News | April 25, 2019

Panalpina continues to expand in the perishables sector with its latest acquisition
Panalpina will continue the expansion of its perishables network in South America through the acquisition of CargoMaster in Colombia and its subsidiary, Laseair, in Ecuador.Panalpina said that CargoMaster is one of Latin America’s largest companies specialised in the airfreight export of perishables, mostly flowers to the US.From Colombia and Ecuador, the two companies predominantly export to the US, but also to Europe and Asia.“The acquisition will make us the undisputed perishables market leader in Colombia and Latin America, and strengthen our position in Ecuador. We are adding significant volumes and know-how to our already impressive perishables footprint in Latin America, which will allow us to further deepen our well-established relationships with the airlines and producers in the region,” explained Stefan Karlen, chief executive of Panalpina.

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Redwood Logistics, a transportation and logistics business, chose Snowflake for massive concurrency, high compute, and overall cost. Snowflake allows Redwood Logistics to iterate more value to their customers, rather than spending time thinking about infrastructure and data.

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