UPS creates $99m investment vehicle to fuel growth in China
UPS has raised the equivalent of $99m in short-term debt to fund growth projects and support customer payment in China.
Read MoreAuthor: Ian Taylor
World mail and express industry leaders to meet in Singapore
Singapore provides the stage next week for the return of the World Mail and Express conference series to the Asia Pacific region after a break of several years.
Read MoreUPU picks Afilias to manage .post top-level Internet domain
The Universal Postal Union has selected Irish-based company Afilias as the registry operator for its forthcoming .post project.
Read MoreFedEx fourth quarter results hit by air network redesign
FedEx Corp is warning of higher costs affecting earnings over the next 12 months along with a “soft” global economy, as it right-sizes its air network to cater towards demand changes.
Read MoreRollerbladers and joggers to join CitySprint’s Olympics courier fleet
UK sameday delivery company CitySprint will be using rollerbladers and joggers in London this summer to bolster its services during the Olympics.
Read MorePatent row continues over Swiss Post’s digital mail service
Swiss Post has sought to reassure customers of its digital mail service IncaMail that it now faces “no further lawsuits” regarding patent infringements within Switzerland.
Read MoreUSPS sees climate change emissions increase in “challenging” year
The cash-strapped US Postal Service struggled to improve its environmental impacts last year, as facility energy use rose 5% and fuel use increased more than 2%.
Read MorePost Office Ltd appoints Alasdair Marnoch as Board member
The UK’s Post Office Limited has appointed experienced finance director Alasdair Marnoch as as new non-executive member of its Board.
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