Tag: Switzerland

PostFinance quarterly results: 62,000 new customers and a solid profit

PostFinance has continued to expand at a brisk pace in 2008, lifting the number of customers by 62,000 and chalking up increases in both accounts and new money. At the end of the third quarter, profit stands at around CHF 200 million. Thanks to a cautious investment policy, impairment losses in the amount of CHF 95 million represent a milli-fraction of the overall investment portfolio.
PostFinance continues to grow apace. In the period to the end of September, Swiss Post’s financial arm attracted 62,000 new customers and saw an extraordinary surge in new account openings. The number of customer accounts rose by 222,000 to 3.56 million, an increase of 55 percent over the prior-year period (143,000 new accounts). In the space of a year, PostFinance has received CHF 4.8 billion in new money.
1 USD = 1.16529 CHF

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Interview: "Posts can profit from parcels growth" – UPU

The world’s Posts can profit from continued growth in parcel volumes driven by e-commerce and benefit from international initiatives to improve interconnectivity, the head of the Universal Postal Union (UPU) told CEP-Research in an interview.

E-commerce and online shopping, in particular, had changed the way supply chains are organised, Dayan said. “Increasingly, these supply chains depend on faster, more frequent and reliable delivery options of smaller consignments over greater distances.”

The picture is more mixed in the express market, according to Dayan. “The differences between EMS, parcels and small packets are not always clearly defined,” he pointed out. According to UPU figures issued this summer, the 149 Posts in the UPU EMS Cooperative increased their express volumes by 23pct between 2004 and 2006, with an average 88pct on-time delivery performance.

Under the new world postal strategy, the UPU will focus on improved interconnectivity to reduce technical barriers between the world’s Posts, governance issues and development activities in certain world regions. Interconnectivity will cover areas such as better end-to-end track-and-trace through a common IT standard, and EDI interfaces with airlines via IATA and customs authorities through the WCO. Payment services and online services will be two other important growth areas.

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World Post Day 2008

Over the past five years, mail and parcel volumes defied predictions to remain buoyant, according to the latest figures obtained by the Universal Postal Union.

With 6.5 billion items in 2007, domestic parcel volumes were up 7.9pct on 2002. Over the same period, international volumes rose 1.4pct to reach 44 million items in 2007. The increases are thought to be due in part to the growth of e-commerce, with the majority of online purchases still remaining within borders.

Worldwide domestic letter-post volumes grew by 0.3pct between 2002 and 2007, reaching 433 billion pieces last year. Generally, advertising mail has a positive impact on mail volumes and is estimated to make up more than 30pct of overall volumes. Meanwhile, international letter-post, which faces stiff competition from new technologies, experienced a 2.6pct volume decrease during the same period, with a total of 5.5 billion items in 2007.

The level of development among Posts is not the same worldwide. In his message for World Post Day (9th October), Edouard Dayan, UPU Director General, is calling upon all member countries of the Universal Postal Union, and their operators designated to provide the universal service, to make a firm commitment, with all other postal sector players, to modernizing postal services, so that they continue to contribute fully to economic and social development.

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Postal operators must focus on innovation

“Innovation is an essential element in planning and preparing for the future. Being innovative is the only way the postal sector can remain competitive,” said Edouard Dayan, Director General of the Universal Postal Union.

Over the past few years, Dayan said, postal operators worldwide have shown an ability to innovate, especially in creating services that facilitate e-commerce, an industry fuelling the growth of parcels and small packets.

He cited the development of e-services and payment services as two areas in which postal operators have made great strides in order to meet customers’ need for new ways of sending messages and making financial transactions as they increasingly use the Internet to conduct daily activities.

According to UPU statistics, more than 80 pct of postal operators in industrialized countries and 40 pct in developing countries offer innovative messaging services such as secure e-mail, hybrid mail and electronic changes of address.

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DPD Switzerland to invest in new eco-depot

DPD Switzerland has announced the building of a new ecological depot in Buchs, in the canton of Zurich, which will go into operation on 1 October 2009.

The new logistics centre will be constructed based on a coherent ecological concept on a 20,000-sqm land to be sold by the community of Buchs for an amount of EUR 5.2 million.

The new centre will be constructed with low land consumption, thanks to the u-form of the building, and based on a completely sustainable energy supply through heat recovery from ground water and about 1,000-sqm of solar cells producing 125,000 kWH of energy yearly.

DPD will lease the new building including a total of 28 unloading bays, 99 loading bays and an office building with the option to be extended at a later point of time. The company says that the new depot will generate a total of 220 jobs.

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