The Swiss forwarder and logistics company Panalpina warned further weakening of air freight volumes will impact its profitability. "After a weak July and an improvement in August, we expected our air freight volumes to grow sequentially in September. However, compared to August they came in much weaker than seasonally normal, especially on Europe-related trade lanes,” said Monika Ribar, Panalpina's chief executive officer. The company said it will release detaile...