- Transport of general cargo and part loads to every European country
- Processing and organisation via a uniform IT platform
- Operational start of Paneco in July 2021
In the previous month, Allmed European Freight, officially founded the pan-European transport network Paneco together with the logistics networks Kommodus (Poland), Cargo24 (Switzerland) ABC Business Network (Italy) and ELVIS (Germany). In cooperation with another 15 local partners, this network of networks already serves all major economic zones in Europe, right from the outset, in the groupage and part loads sectors. The company operates as a public limited company and is Headquartered in Zug, Switzerland. The start date is planned for July 2021.
Europe is one of the largest economic zones on earth. However, the small-scale structure, as well as the accompanying language barriers, make it hard for the numerous small and medium-sized logistics companies to establish nationwide business models,” says Alan Hoyne, Managing Director of Allmed
As a result, the lucrative access to the high-turnover groupage and part loads market was almost exclusively reserved for the major players in the industry. With Paneco, small and medium-sized forwarders and carriers can now also participate in this attractive business and offer pan-European groupage and part-load transports at competitive conditions.
“To be in a viable position to call at several locations a day in the various countries, there usually wasn’t sufficient transport volume,” Hoyne says. The Paneco network solves this problem by connecting all economic European areas with daily-scheduled services and countless HUBs and gateways.
The basis for this is provided by a specially-developed, web-based IT platform that accesses the local systems as a superordinate unit and ensures the data flow between the connected companies and co-operations. “We use each country’s existing national structures and tariffs. This way, an international shipment no longer requires special treatment,” Hoyne explains. By using modern translation software, the companies can also communicate in their respective national languages. “This makes the system very user-friendly. Now, every connected forwarder can offer their customers good prices, transit times and tracking information, even for just one pallet for example from Tirana in Albania to Dingle in Kerry,” Hoyne says.
The official foundation of the company in the previous month was preceded by almost two years of intensive preparation. Initial talks related to this had already been held at the Munich Transport Fair 2019. In addition to the IT platform for networking the companies, tariff models and scheduled transport concepts were subsequently developed, in addition to volume and quality controls.
Through the four participating alliances and, currently, 15 local partners, the network of networks, from Finland in the north to Greece in the south and Ireland in the West to Poland in the East, already covers all important economic European areas. However, the founding Members are not satisfied to leave things as they are. The goal is to extend Paneco’s services to the entire continent. The operational start of Paneco is planned for July 2021.
You can find more information on Allmed and on Paneco AG at:
