USPS set to become “broadcast medium” as First Class mail declines
The decline in mail volumes – particularly single-piece First Class mail – could see the USPS turn into a one-way communications system.
Read MoreAuthor: Ian Taylor
USPS price rise plan rejected
The US Postal Regulatory Commission (PRC) has rejected a USPS plan to increase the price of sending a letter by 2 cents.
Read MoreAssociation hits out at £37.2m Royal Mail ruling
A postal user body has hit out at the ruling that saved Royal Mail from paying £37.2m in compensation to bulk mailers.
Read MoreSmith plays down European bid as rate increase confirmed
FedEx CEO Fred Smith played down the possibility of a European acquisition, as the company announced an increase in shipping rates for FedEx Express.
Read MoreDP DHL listed in green rankings
Deutsche Post DHL has been listed in the capital market indices: Dow Jones Sustainability World Index, Dow Jones Sustainability Europe Index and FTSE4 Good Global Index.
Read MorePostal Services in Australia competitor report flyer
This industry has been negatively affected by alternative forms of communication, such as e-mail and the internet. However, at the same time it has also benefited from an increase in the volume of internet shopping, which has seen greater demand for parcel deliveries. Other factors influencing demand, and hence revenue, have included changes in economic activity, legislation and disposable income. Overall, industry revenue will fall at an average annual rate of 1.1% over the five-year period to 2010-11. Australia Post increased the basic postal rate to 55 cents in 2008-09 and to 60 cents in 2010-11.
Read MoreSwiss Post in multi-million post office development
Swiss Post could invest up to CHF 120m (EUR 90m) to create 30 new flagship post offices.
Read MoreGFS gets into the swing for Ryder Cup challenge
As the best golfers from Europe and the US prepare to do battle in South Wales this weekend, Global Freight Solutions (GFS) has teed up its own bit of Ryder Cup glamour.
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