Russian Post moved out of the red in 2008 for the first time in several years with a small pre-tax profit margin of 0.8%. Revenue grew by over 22%, with double-digit express and parcel volume increases.
Read MoreThe elimination of the Slovak Post Office’s monopoly in the field of hybrid post services was the main goal of an amendment to the Postal Services Act proposed by opposition SDKU-DS MP Ivan Stefanec that was rejected at its first reading in Parliament on Tuesday.
Read MoreOPTA has published its Focus 2009, whose objective is “to indicate what aspects it will be focusing on as part of its regulatory work in 2009”.
Read MoreAfter the successful completion of a pilot project the service is to be rolled out throughout Germany in stages and the majority of DPD depots are already integrated into the system.
Read MoreFedEx Freight will cut around 900 jobs, the latest fallout from the downturn facing the freight sector.
Read MoreDeutsche Post has won a court ruling to annul the EU’s decision to support €297.5m ($384 million) of Belgian subsidies granted to rival La Poste.
Read MoreLord Mandelson has come under pressure from Labour backbenchers to reconsider his plans to part-privatise the Royal Mail.
Read More“Double-digit” growth prompts plans to further increase coverage in Asia during 2009 despite the economic downturn.
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