Following the success of the pilot scheme in four train stations in the region of Zurich, the express delivery service from SBB and the express delivery service provider DHL ‘express4you’ is to be expanded. The delivery service will now be offered at the following railway stations; Basel, Bellinzona, Bern, Chur, Freiburg, Genf, Genf airport, Lausanne, Locarno, Lugano, Luzern, St. Gallen, Winterthur and Zug.
Read MoreThe 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.
Read MorePanalpina, the global forwarding and logistics group, is weighing a public offering of its stock sometime in the next several years.
Gerhard Fischer, the company’s chairman, revealed that possible public offering at the Basel, Switzerland-based company’s annual meeting last week.
Panalpina is owned by the Ernst Gohner Foundation, a Swiss social and cultural organization.
Martin Spohn, a spokesman for Panalpina, said that the public offering would be discussed in June at a shareholder meeting, at which time details such as how many shares to sell would be discussed.
Swiss Post Annual Report 2001
Read MoreThe Swiss Post increased its conglomerate profit last year by approximately two thirds (+64%) to CHF 194 million. The operating profit rose by 32% to CHF 545 million. Net turnover compared to the previous year climbed by 3.4% to CHF 6.228 billion.
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