Panalpina’s Perishables Network will subsequently benefit from Newport Cargo’s expertise, customer base and business development.
“I’m very proud of the integration plan and project team,” commented Laurent Riesen, Panalpina’s Country Managing Director for Argentina and Uruguay. “They set ambitious deadlines and met them even for critical topics such as legal requirements, system and connectivity continuity. The most telling outcome of this transition and how effectively it was handled is that we retained all of our business during the transition.”
Key benefits of the transition include a new setup in the Buenos Aires downtown office and airport office to ensure synergies; a Miami Perishables LATAM Gateway set up in Panalpina’s network; strengthened business development in Chile and improved cross-selling for dry cargo throughout the network.
Frank Hercksen, Panalpina’s regional CEO for the Americas, comments, “As we embark on another perishables acquisition and merger in LATAM, I hope the achievements of the teams in Argentina can serve as inspiration for our teams in Colombia and Ecuador.”