Kuehne & Nagel International AG said it has acquired Danish forwarder Ziegler & Co. ApS, retroactive to Oct 1. No financial details were disclosed. The group will be integrated into the Danish Kuehne & Nagel operations.
Read MoreThe Universal Postal Union (UPU) and Union Network International (UNI) have signed a cooperation agreement to promote social dialogue aimed at the sustainable development of postal services at the international level. The agreement was signed at UPU Headquarters in Berne, Switzerland, by UPU
Director General Edouard Dayan and UNI General Secretary Philip Jennings.
In terms of the agreement, the two organizations will establish joint actions focusing on the impact of postal sector development on jobs, particularly in the area of health and security, as well as the improvement and development of postal staff skills. The two organizations also agreed to continue to
promote the provision of postal financial services – particularly electronic money transfer services – through the international postal network. This is not only seen as an important source of job creation, but also as an essential service to give millions of migrant workers and their relatives – among them the
world’s poorest – access to affordable money transfer services.
Parcel delivery company DPD Switzerland has appointed Hans Fluri, 53, chairman of the board of directors. DPD Switzerland is a 100 pct subsidiary of French express and parcels company GeoPost, which is owned by French postal group La Poste. DPD Switzerland also appointed former director of Swiss Post, Jean-Noel Rey, vice-chairman of the board of directors and Georges Champoud CEO. Rey will also be responsible for DPD strategy and marketing.
Read MoreEuropean banks have been slow to exploit the distribution capabilities of domestic post office networks, focusing instead on the expansion opportunities provided by organic growth and mergers and acquisitions (M&A), said Carl Holsters, member of the executive committee of the Belgian Post Group, speaking at VRL’s International Retail Banking Forum (IRBF) last month.
And with revenues from postal services shrinking, the contribution made by retail financial services is becoming increasingly significant, helping European post offices prepare for full deregulation of the postal sector in 2009, when they will lose their national mail monopolies.
Read MoreSwiss Post is buying its Singapore-based franchisee as part of a plan to increase its presence in the Asia-Pacific region. “Singapore is a key market for us, and we are committed to further expanding our reach in this region by using Singapore as a gateway,” Swiss Post’s chief executive, Ulrich Gygi, said in an interview Friday. Gygi declined to say how much Swiss Post is paying its former Singapore franchisee. Swiss Post expects to complete by year-end the takeover of Singapore-based SPI Mail International Pte. Ltd., providing the Swiss firm with a direct presence in Singapore, Malaysia and Hong Kong. The company will then focus on expanding into new markets including China and Thailand, Gygi said.
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