Gebrüder Weiss responds to the strong Swiss Franc

Monthly currency adjustment: Gebrüder Weiss is introducing a currency adjustment factor for transports from/to Switzerland
The surprising and instant abolition of the lower exchange limit between CHF and EUR by the Swiss National Bank on 15 January 2015 has a large impact on companies with business relations to Switzerland due to far-reaching consequences on the cost side.

Currently, there is almost parity between these two currencies. Services and goods have become more expensive by about 20 per cent. ”Normalization“ cannot be expected at the moment.

For Gebrüder Weiss, this means that transports as well as personnel and infrastructure costs have increased dramatically. Unfortunately, they were forced to charge these additional costs to the clients, the company informs on 9 February.

In order to ensure maximum transparency, Gebrüder Weiss has introduced a currency adjustment factor (CAF), which will be applied on the value added share in Switzerland. Gebrüder Weiss will adjust the CAF monthly based on the development of the exchange rates. “With regards to part and full loads, we see ourselves obliged to charge the additional LSVA cost to you directly,” reads a letter of the company.

Quelle: LogEastics
Portal: www.logistik-express.com