Tag: Switzerland

Swiss Kuehne & Nagel not to bid for Dutch TNT Logistics unit

Posted by | Mar 8, 2006 | |

Swiss logistics company Kuehne & Nagel International AG (K&N) gave up bidding for Dutch mail and logistics group TNT NV’s logistics division, Het Financieele Dagblad said on March 2, 2006. According to K&N CFO Gerard van Kesteren, TNT’s price for its logistics business – between 1.5 bln euro (USD1.805 bln) and 1.8 bln euro (USD2.165 bln ) – is too high. K&N was chiefly interested in TNT’s Asia/Pacific logistics activities and not in the whole division, Van Kesteren added. The CFO said a private equity group has approached K&N in order to bid jointly with the Swiss company for the whole TNT Logistics. The group offered K&N to take over the whole of the TNT division two years after the deal. However, the Swiss company decided not to participate in the bid.

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Swiss Post buys document services firm

Posted by | Feb 28, 2006 | |

Swiss Post has bought the specialist document services firm oneReason AG through its subsidiary MailSource. The acquisition is designed to strengthen its special services for postal customers.

Based near Zurich airport, oneReason specialises in digital document management, particularly scanning and archiving. The former Siemens business unit, with annual turnover of some Sfr 4.5 million, will be integrated into the MailSource group.

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Swiss Post to bundle logistic services

Posted by | Feb 21, 2006 | |

Swiss Post intends to unite all its logistic services, including package, express and courier deliveries, into one unit called PostLogistics AG, Swiss Post said on February 21, 2006. The move is part of the company’s attempt to harmonise its market presence and will affect a total 5,500 people, who will be employed by PostLogistics as of January 1, 2007. With an average annual turnover of 1.2 bln Swiss francs (USD917 mln/770 mln euro) PostLogistics will be the largest logistics company in Switzerland. The board of directors of Swiss Post also approved the proposal to transfer the passenger traffic activities into the unit PostAuto Schweiz, effective

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UPU to host international conference for the postal sector

Posted by | Feb 8, 2006 | |

As part of ongoing efforts to reinforce its position as a worldwide postal forum, the International Bureau of the Universal Postal Union plans to bring together senior representatives of the postal sector to discuss the major challenges facing the industry, in a number of conferences to be held during 2006 and 2007. A one-day meeting exploring the development models that some of the world’s more modern and innovative Posts have adopted in response to growing competition and increased market liberalization will kick off the series in April. Participants will discuss such topics as postal sector investment, initial public offerings, public/private partnerships, and the alliances formed by certain Posts with a view to international expansion and strategic positioning for the future.

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Swiss MailSource takes Over US Forrest Solutions

Posted by | Jan 30, 2006 | |

Swiss mailroom management solutions provider MailSource, owned by Swiss postal carrier Schweizer Post, will fully take over US sector company Forrest Solutions Inc, MailSource said on January 27, 2006. MailSource will pay a two-digit sum in million for the New York-based enterprise. Forrest Solutions (www.forrestsolutions.com), active in the field of mailroom and recruiting services generates an annual average turnover of USD44 mln (36.3 mln euro). Among its customers are banks, law firms, publishing houses and advertising companies in the New York region.

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