Brazil Post has confirmed that it has begun its planned expansion abroad, with its first international office set to open in Miami early next year.
Mail volumes in Portugal fell 9.4% in the first quarter of this year, compared to the same quarter last year, according to regulator Anacom.
CTT Correios de Portugal has recorded a 4.2% drop in its revenues for the full year 2011, as a result of a 6.4% reduction in mail volumes, but remained profitable.
As of today, Portugal has opened its postal market to full competition, a year and four months later than required by the European Union.
CTT-Correios de Portugal has seen a year-on-year drop in net profit, the company confirmed.
CTT-Correios de Portugal has marked out plans to introduce 75 electric vehicles for postal deliveries by 2013.
CTT Correios de Portugal has decreased the price of its domestic priority mail up to 20g.
Canada Post Group is the Crown corporation operating the universal postal service in Canada.