Tag: Swiss Post

Swiss Post subsidiary MailSource invests in the UK

Posted by | Sep 3, 2002 | |

MailSource, Swiss Post’s subsidiary for the management of internal company postal services, is building up its market position after a two-year start-up period in Switzerland, Liechtenstein and Italy: on 2 September 2002 MailSource took over Mailroom Management Services Ltd (MMS), one of the UK market leaders in its core business of internal postal services. Swiss Post’s foothold in international markets will reinforce its leadership in Switzerland and will enable MailSource to offer both Swiss and global major customers cross-border services.

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Swiss Post to aquire remaining 10% of Setz Gütertransport AG

Posted by | Jul 19, 2002 | |

Swiss Post is to acquire the remaining 10% of the shares in logistics company Setz Gütertransport AG. This will give the state-owned postal services a 100% control of the firms capital.
Swiss Post bought 90% of the shares back in 1997 from Hanspeter Setz, then the owner of the company. The original purchase was designed to facilitate the provision of complete logistics solutions in addition to purely mail-related services.
Full control of Setz Gütertransport AG is part of Swiss Posts strategy of continuing to build up a strategic position in the international logistics market.

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Post offices hit in MBI collapse

Posted by | Jun 17, 2002 | |

Europe’s leading post offices head a £10m ( t10.6m) creditors’ list after the collapse in March of wholesaler and lettershop services provider Mail Brokers International.
And there may be more pain to come after holding company MBI Logistics followed Mail Brokers into liquidation last month.
Royal Mail, Parcelforce, Deutsche Post, La Poste, Swisspost and UPS are all owed six-figure sums. But a former MBI member of staff – one of 60 who received no salary or severance pay last month – said it was the smaller creditors he felt sorry for.
Creditors are pressuring the UK DTI to investigate MBI’s directors, accusing them of trading while knowingly insolvent.

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Govt. to Limit Swiss Post Monopoly in 2006

Posted by | May 22, 2002 | |

The Swiss government plans to limit the Swiss Post’s monopoly to letters below 100 grammes from 2006, Swiss news agency SDA said. Currently the Swiss Post has a monopoly on deliveries of up to 2 kilogrammes. The Post’s current monopoly position cannot be upheld on a European scale, Swiss Post minister Moritz Leuenberger said. Nevertheless, the Swiss government has opted for a softer approach compared to the EU, he added. The EU plans to limit national postal services’ monopolies to below 100 grammes by 2003, and below 50 grammes by 2006.

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