Norway Post said today that it achieved its best financial performance for five years during 2011, with group turnover up 2.4% and underlying profits up 10.4% from the year before.
Read MoreMembers of the UK Parliament grilled regulator Ofcom today over its plans to allow Royal Mail to make “outrageous” increases in its postage rates to prop up universal service.
Read MoreAs it recorded a EUR 272m loss for 2011 today, struggling integrator TNT Express announced it will pursue a new strategy – focusing on Europe and downsizing its intercontinental operations.
Read MoreBoston-based postal retail technology specialists Escher Group has confirmed that the major contract win it announced earlier this month was with the US Postal Service.
Read MoreRounding up some of the latest moves in the global mail and express industry, including appointments at Pitney Bowes, Bell and Howell, LKE and MetaPack.
Read MoreAs hopes grow that the US Congress might consider the major difficulties at the US Postal Service soon, USPS issued a revision to its business plan on Friday, with its costs predicted to outpace revenues “at an alarming rate”.
Read MoreFinland’s Itella Group is reviewing its growth strategy in the light of gloomy results for its full year in 2011.
Read MoreSumming up the biggest stories of the week from the pages of Post&Parcel, with UPS making the moves on TNT Express, USPS looking for a rescue plan, and La Poste going green…
Read More
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.
