Canada Post revenues drop more than expected in Q1
Canada Post has said its revenue was lower then expected in the first three months of 2012, as it reported a $3m loss before tax.
Read MoreAuthor: Ian Taylor
Itella to acquire VR Group’s groupage logistics business
Finland’s Itella Corporation has signed a letter of intent to acquire the domestic groupage logistics division of state-owned railway company VR Group.
Read MoreSwiss Post to restructure logistics unit, cutting 250 jobs
Swiss Post has launched a two-year process to restructure its PostLogistics business, with the potential loss of 250 jobs.
Read MorePost Danmark expresses confidence in parcel terminals
Post Danmark has been continuing to expand its network of automated self-service parcel terminals this year, in response to good responses from customers.
Read MoreRoyal Mail on target in latest quarter, after difficult 2011
Royal Mail has said its service quality during the first three months of 2012 has been the best since the summer of 2010, but over the full 2011-12 financial year targets were narrowly missed.
Read MoreRPost says court will decide patent claims against Swiss Post
US registered electronic mail developer RPost has said Swiss Post’s digital mail service IncaMail still infringes on its patent, and that the matter will go to court.
Read MoreFedEx Express set for big expansion in Brazil via acquisition
FedEx Corp said today it has signed a deal to acquire one of its express logistics partners in Brazil, Rapidão Cometa Logistica e Transportes.
Read MoreGermany orders Deutsche Post to repay €298m in state aid
The German government today ordered Deutsche Post DHL to repay EUR 298m in state aid and interest as required by the European Commission.
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