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Allmed European Freight Announces Launch Of Pan-European Transport Network Paneco

By Donna Ahern
Allmed European Freight Announces Launch Of Pan-European Transport Network Paneco

Allmed European Freight has announced the launch of the pan-European transport network Paneco together with the support of logistics networks which includes 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 group said.

Headquartered in Zug, Switzerland, Paneco will start operating from 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," he said.

Several Locations Daily

Hoyne notes that in order for a carrier to be in a viable position to call at several locations a day in the various countries, there previously wasn’t sufficient transport volume to support this.

Hoyne adds that the Paneco network solves this problem by connecting all economic European areas with daily-scheduled services and countless HUBs and gateways.

According to Allmed 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 adds.

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