Tag: Sweden

Express logistics in Sweden

Market Value
The Swedish express logistics market grew by 5.6% in 2004 to reach a value of
$1,307.3 million.
Market Value Forecast
In 2009, the market is forecast to have a value of $1,617.6 million, an increase of
23.7% since 2004.
Market Segmentation I
Next day delivery services are the most lucrative in the market, generating 43.8% of
its total value.
Market Segmentation II
Sweden accounts for 3% of the European express logistics market’s value.

Read More

SPECIAL REPORT: Post office banking, a company overview

While many banks, including Erste Bank, KBC, ING, Deutsche Bank and Fortis, have been quick to grasp the advantages that relationships with post offices–either through distribution arrangements, joint ventures or acquisitions–can bring, many European banks still underestimate the opportunities that working with post offices present.

According to Carl Holsters, a consultant to Post Group, the Belgian post office, as well as having extensive branch networks, post offices have a strong brand name that banks can capitalise on. Indeed, in some countries in Eastern Europe, this is a distinct advantage as local people often distrust their local banks.

While there are many different models that banks can follow when looking to work with a post office, Holsters believes that Netherlands-based ING Group, which fully owns the banking operation Postbank, which in turn owns 50 percent of the postal services operator Postkantoren, has one of the most successful arrangements with a post office. About 50 percent of the country’s population has a Postbank account. Moreover, Postbank and ING Bank in the Netherlands now generate about 15.5 percent of the group’s total profits.

In some European markets, post office banks are being transformed into fully licensed banks and many of them now have a presence that is powerful enough to threaten existing market leaders.

The report gives extensive details of the relationships between banks and post offices in many countries throughout Europe.

Read More

ICM Logistik AB sells remaining DHL contracts to Tornfrakt AB

The Swedish logistics services provider ICM Logistik AB said on Wednesday (26 July) that it has signed a preliminary agreement to sell its remaining distribution assignments from DHL Express to Tornfrakt AB.

The proposed transaction means that Tornfrakt will take over four vehicles and four employees from ICM Logistik.

The financial details of the transaction were not disclosed, but ICM Logistik said that the assignments represent an annual turnover of approximately SEK4m.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

Read More

European postal companies call for complete liberalisation in 2009

Chief Executive Officers of national postal companies in the Netherlands, Sweden, Finland and Germany have started a joint initiative for a complete opening of the postal markets in Europe by 2009. In a policy paper addressed to Internal Market Commissioner Charlie McCreevy, CEOs Peter Bakker (TNT), Erik Olsson (Posten AB), Jukka Alho (Finland Post Corporation) and Klaus Zumwinkel (Deutsche Post World Net) plead for a sustainable postal sector in the next decades that should be realised by a complete market liberalisation by 2009 and the modernisation of the universal service.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest