USPS records $5.5 billion loss
The US Postal Service has announced the results for the latest financial year – it has recorded a $5.5 billion loss, its eighth consecutive yearly loss.
Read MoreAuthor: Ian Taylor
CWU deem Post Office strike over Christmas ‘inevitable’
The Communication Workers Union (CWU) which represents 200,000 postal and telecommunication workers announced today that workers in the Post Office’s Admin and Supply Chain returned a 76 % ‘Yes’ vote in favour of strike action.
Read MoreRoyal Mail warning over Amazon’s impact on parcel growth, as profits fall
Royal Mail’s underlying pre-tax profits fell 6% in the first half of the year as it warned that Amazon’s new delivery network will wipe out as much as half of the growth in UK parcel volumes for two years.
Read MoreKenya Post expands banking services
The Postal Corporation of Kenya has announced that it will be expanding its banking services to 470 post offices around the country.
Read MoreUK Mail profits down in first half, during infrastructure investment period
UK Mail Group has seen its profits slump in the first half of the year, as the company prepares for its major move into a new national hub.
Read MoreBrazil Post signs $54.5 USD contract with National Presort Inc. for Parcel Sorting Systems
National Presort L.P., a mail and parcel sorting technology company, today announced the continuation of a strategic partnership with Brazil Post. Through this contract, valued at $54.5 million USD, NPI will provide six automatic cross-belt parcel sorting systems to support the increased shipping demand resulting from the growth of e-commerce throughout South America.
Read MorePalletways sets up customer services team in Madrid
Palletways Europe GmbH has set up a centralised customer service in Madrid as part of the company’s strategy to grow its pan-European market share of the express palletised freight sector.
Read MoreAramex strengthens its Asia-Pacific presence
Aramex, the global logistics and transportation solutions provider, today announced its joint venture with Leo Global Logistics, a prominent logistics service provider in Thailand. The move is part of the company’s expansion strategy in global growth markets.
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