Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
Airlines have already significantly cut freighter capacity since last week’s de minimis change in the ...
Panalpina is closing its facility in JFK Airport and moving its operations to Chicago, The Loadstar has learned.
The large warehouse will close on August 14 and a third-party service provider will handle Panalpina’s JFK freight after that.
According to a local source, 35 jobs will be lost in New York. He added that there were also question marks over Panalpina’s Tulsa operations.
Spokesman for Panalpina, Sandro Hofer said: “We look at our operations in locations throughout the world on an ongoing basis in order to ...
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