The Swiss state-owned postal services on Friday announced a deal with the biggest bank in the country, UBS, to provide credit services to clients. The post office had originally wanted to create its own Postbank but this ran into heavy opposition in parliament and the government had to withdraw a proposal to create such a bank.
Read More5 February 2002 Swiss Post International has acquired a 30 per cent stake in Porta a porta with an option to acquire control over the next two years. Porta a Porta is a parcel and logistics company.
Read MoreSchweizerische Post, the Swiss post office, will grant a pay rise of 3.2 per cent, but rejects further material demands by the communication workers’ union. The union informs that it intends to contact the arbitration commission, arguing that the post office is not following up moderate demands.
Read MoreSwitzerland’s Post Office said it will offer an internet-based payment service starting in February 2002. The ‘Yellowbill’ service will allow customers with Post Office accounts to make and receive payments through a secure internet connection. According to the Post Office, companies generating large volumes of invoices have expressed interest in using the service. Zuercher Kantonalbank has already signed a letter of intent to use ‘Yellowbill,’ it said.
Read MorePostal operators looking to make savings on the price of international mail delivery have long faced the same three fixed costs: local handling charges, terminal dues and the cost of line-haul.
In April, the Global Alliance of Transportation Systems (GATS), funded by the Swiss Post Office set out to challenge the cost of line-haul by consolidating the mail of a number of postal operators into ULD’s at one hub and then flying them on in unitised containers. Pioneered at Heathrow, the idea was to force down the cost paid to the airlines for small numbers of items by booking larger aggregated volumes.
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