Panalpina, Cargill renew sugar crop logistics contract

THE existing service contract between Panalpina Brazil and Cargill, an international provider of food, agricultural, financial and industrial products and services, has been renewed for a further year.

This comes after a successful 2009 sugar crop, whereby Panalpina moved 5,000 TEU for Cargill Sugar Division.

The volume forecast for the 2010 crop season is 1,000 TEU per month from Santos to destinations mainly on the Indian subcontinent, the Mediterranean and the Middle East, a Panalpina statement said.

"The Cargill contract goes in line with the strategy to further expand our business within the commodity markets. The innovative solutions developed and designed together with Panalpina Ocean for the Cargill business shows that our unique and refreshing approach is very much welcomed in the market," said Panalpina country manager Daniel Setz.
(Source:www.schednet.com)