Tag: Sweden

Swedish e-postal service delivers wherever you want

Posten, Sweden’s national post office, is encouraging an Internet mail delivery service that aims to make most physical mail go the way of the typewriter. Posten’s ePostbox is cheap, environmentally friendly and lets recipients pick up mail at any Internet-connected computer, anywhere in the world.

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TPG purchase “fills a strategic white spot“

In an attempt to fill a gap in its market, TPG has bought a 50% stake in a pan-Nordic parcel firm through its TNT Logistics subsidiary. TNT has bought half of DFDS Transport Logisitics, part of DSV A/S which is a transport, logistics and environment group with bases in Denmark, Sweden, Norway and Finland.

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Wilson strengthens Nordic base with Exceed merger

6 May 2002 Wilson logistics has bought Exceed, a Swedish Air and sea freight forwarder for €17m Exceed was formed by the amalgamation of Air Cargo Express, MelAir and Speditions Service in November 2000. Exceed had a turnover of €140m and an annual loss of €2m.

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CityMail (Sweden) Q1 Financials

The turnover amounted to MSEK 54.7 (36.0), an increase by 52 per cent compared with the first quarter of 2001. The increase in turnover compared to the previous quarter was 23 per cent. For the first quarter, profits amounted to MSEK 19.7 (4.5). Operating profits amounted to MSEK 1.2 (0.6), twice the amount for the first quarter of 2001. On 22 March, CityMail Group sold its holdings in the Swedish distribution operation, CityMail Sweden AB, to Norska Posten. In the first phase of the transaction, the sale generated a capital gain of approximately MSEK 18.4. CityMail Group AB’s Board of Directors has decided to propose to the Shareholders’ Meeting that the company’s name be changed to OptiMail AB

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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.

 

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