1950
The company witnessed rapid growth in the 1950s and 1960s, establishing numerous new branches in North America and later in Latin America, Africa, Asia and Australia. During the 1970s, Panalpina increased air freight volumes to and from the USA. Air Sea Broker AG was founded, laying the cornerstone of what is still today a successful strategy of centralized procurement and management of global air freight and ocean freight capacity. Nigeria's booming oil business also gave Panalpina a major boost during this period. Following the takeover of the Houston-based J.P. Harle Group in the late 1970s, the company began building up its activities in this segment. It is now the undisputed world market leader in the oil and gas industry supply chain.