Price increases helping City Link, but losses up 18.7%
Struggling UK parcel delivery firm City Link saw its sales increasing 1.7% in the first quarter of the year under its new management team, but losses for the quarter grew by GBP 2m.
Read MoreAuthor: Ian Taylor
USPS promises clarity on plans to close postal facilities
The US Postal Service promised today to provide detailed plans “in the coming weeks” on its intentions to close thousands of post offices, and keep customers informed about planned service changes.
Read MorePost Danmark enforces placement rule for household letterboxes
Post Danmark has said 99.5% of Danish household letter boxes are now in compliance with legislation requiring proper placement at the street.
Read MoreUPS frees up $2bn more cash for TNT Express deal
UPS has toned down its plans to repurchase its stock, as it prepares to shell out $5bn in cash and raise a further $1.8bn in new debt to buy TNT Express.
Read More“Auspicious” start to 2012 for Itella, but funding question remains
Finland’s postal operator Itella Group has seen its profitability markedly improve so far this year, but said yesterday that current government plans are not sufficient to maintain the universal service long-term.
Read MoreUnion warns of 12,000 job losses at Poste Italiane
Italian communications industry union SLC-CGIL has warned that 12,000 jobs across Italy could be at risk from Poste Italiane’s plans to reorganise its business model.
Read MoreAustrian Post builds direct mail presence in Poland and Bulgaria
Austrian Post has continued expanding its direct mail reach in Eastern Europe with the acquisition of an unaddressed mail company in Poland, and a 26% stake in a hybrid mail specialist in Bulgaria.
Read MoreTraining programme thrives at Swiss Post International UK
Swiss Post International (UK) has achieved a “remarkable” take-up for its two-year-old in-house training scheme so far.
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Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.