La Poste has unveiled a dramatic slump in profits and revenues for 2008 along with declining mail volumes due to the tremendous impact of the economic crisis, according to the company’s CEO Jean-Paul Bailly.
Read MoreGerman authorities have searched the offices of Deutsche Post in connection with a snooping scandal at Deutsche Telekom, the prosecutor’s office in Bonn said.
Read MoreDHL announced that it will invest $8m in Sri Lanka over three years to help the nation become a logistics hub in South Asia
Read MoreFollowing the announcement that the supermarket chain Tesco is to end its contract with the DHL Fastway operation at Daventry; DHL is being forced to close the site with the loss of 150 jobs.
Read MoreIn an interview with Payload Asia, UPS Asia Pacific president Derek Woodward noted the company had ridden out serious global calamities before and would again this time.
Read MoreSony is set to cut jobs following a major restructuring of their Australian operation. The move follows the appointment of DHL to handle the company’s logistics and distribution operations.
Read MoreAustrian Post reveal that revenue is up 5.4% in their results for 2008.
Read MoreDeutsche Post could shorten worker hours if the current downturn continues to affect postal volumes, the company’s chief executive said on 11 March.
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