Pan Nordic Logistics
PNL

Best in the Nordic region, now looking beyond

2007 has been a year characterised by strong development for PNL, both in terms of sales and earnings. Our employees are one of the key factors in this success.

Two mainstays

PNL’s two most important mainstays are our employees and our IT systems, and it is essential that both of these perform at a high level. Our employees play a crucial role in PNL’s success and

are a prerequisite for PNL’s continued growth. This is why we devote significant resources to the PNL Academy, which offers employees the opportunity to develop themselves and their skills.

The big challenge lies within the IT systems which provide continuous information on the geographical location of the parcel. Here we need to refine the flow of information, both internally and externally with respect to our customers. Our well-developed and integrated IT systems in the Nordic region place high demands on the logistical skills of our employees.

Our new Nordic Key Accounts unit generated significant business during the year and entered into a strategically important agreement with one large customer within the IT sector. Our ambition is to continue this trend, attracting more large customers within the areas of textiles, IT, electronics and spare parts.

PNL has high demands of processes and optimisation, which has resulted in production of a tool to implement large customers, who tend to have more complex logistics requirements.

Ready for growth

Sweden and Europe have been PNL’s primary growth areas.
The target for the next few years is growth, particularly in the important Swedish market. PNL’s sales activities in the Benelux area are also developing well and, since 2007, the company has successfully cultivated the market in the Hamburg area.

Moreover, at the end of 2007 PNL entered into collaboration with a logistics company in Asia in order to secure a fast and effective logistics flow from Asia to the Nordic region. PNL handles contact with customers requiring shipments from Asia, and offers safe and effective shipments to the Nordic region or the rest of Europe.

Strong growth with growing parcel volumes coupled with the market’s quality expectations place high demands on our production system in the Nordic region. As a result, PNL plans to move to a new and larger main terminal in Jönköping, which is currently being built and should be ready at the start of 2009. The terminal is centrally located in relation to PNL’s market, and its state-of-the-art sorting facility will provide PNL with good opportunities for future development.

2007 was a very satisfactory year for PNL. We expect this positive trend to continue during 2008, enabling us to retain our leading position in cross-border parcels in the Nordic region and increase added value for customers and share-holders alike.

Benny Rhe Hansen,
President and Chief Executive Officer