News / Market talk: anger and sadness as Panalpina sign falls at Basel HQ

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Panalpina’s logo is removed, following the DSV acquisition
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Images of the Panalpina sign being removed from its Basel headquarters last week triggered an outpouring of sadness on LinkedIn.

Many accuse DSV of “destroying a proud and profitable company”.

One writer noted: “A bizarre picture which symbolises the humbleness of destruction. Sure if you follow the ...

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  • David Brent

    July 31, 2020 at 2:11 pm

    Symptomatic of a business that failed with poor C-Level management, internal politics (“I want to shine and screw everyone else”) and an old boys network internally.

    The conversion to SAP ERP was rushed through because the CFO wanted it done quicker – people put under ridiculous amounts of pressure for no good reason.

    COnstiently poor decisions within IT on system usage and prioritisation – led by selfish management looking after themselves and ignoring what was good for the greater.

    Now employees are crying that they are being made to leave PAC because this is all they know and are too scared to go into a modern world and away from their cosy bubble of security.

    It simply needed to happen – Panalpina refused to move to the 21st Century (you should see how to book travel – using an agent in the US with no online possiblity)……

    Panalpina is finally dead.

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