USPS offer employee resignation incentive
USPS is offering thousands of employees cash incentives to retire or resign by the end of this fiscal year.
Read MoreTag: Priv Source
Economy squeezes Swiss Post’s half-year profit
In the first half of 2009, Swiss Post generated Group profit of CHF 358m – 16% lower than a year ago.
Read MoreAustria Post report 2Q decline
Oesterreichische Post reported a 14% decline in second quarter operating profit, in line with market expectations, and said the worst was not over for it yet, report Reuters.
Read MoreAramex Q2 net profit rises 30%
Middle-Eastern based Aramex announced net profits of AED 50m for the quarter ending June 30 2009, compared to AED 38.4m for the corresponding period in 2008, representing an increase of 30%.
Read MoreTNT’s profits fall
TNT’s quarterly core profit fell 45%, its fourth consecutive year-on-year decline, and the Dutch mail company boosted its cost savings target to cope with weaker demand for delivery services, report Reuters.
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