SingPost CEO: We continue to see recovery for the second half of the year
Singapore Post Limited has announced its positive results for the second half and full year ended 31 March 2022 with net profit up 74.5% to S$83.1 million.
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Postal News
The latest postal news, analysis and data.
Austrian Post: As 2022 progresses, deviation from the prior-year performance is expected
Austrian Post has reported its 2022 Q1 results revealing revenue and earnings below prior year as expected. Parcel division in consolidation phase after lockdown momentum of previous years – trend shift expected in H2.
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WINNERS FOR THE WORLD POST & PARCEL AWARDS 2022 ANNOUNCED
Many congratulations to the World Post & Parcel Awards winners for 2022 which were announced last night at WMX EMEA Conference in Dubai.
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Omniva rolls out e-cargo bikes to provide postal services in densely populated areas
Omniva is going to expand its fleet in order to provide sustainable postal services by implementing electric Vok Bikes cargo bikes on a wider scale. The first five bicycles have already arrived and are ready for deliveries.
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Poste Italiane Q1: net profit at €495 million
The Board of Directors of Poste Italiane S.p.A., yesterday approved the First Quarter 2022 Financial Results with a solid financial performance paving the way to a successful 2022 and with positive contributions from insurance services, financial services, payment & mobile and resilient mail, parcel, and distribution.
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Royal Mail committed to ‘opening up the skies’ and creating permanent drone routes
Royal Mail today sets out its ambition to scale up its use of drone technology and create more than 50 new postal drone routes over the next three years, subject to Civil Aviation Authority (CAA) approval, as part of a new partnership with Windracers, the logistics drone company.
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bpost appoints two directors
The General Shareholders’ Meeting of bpost approved the 2021 financial results, the dividend pay-out and the appointment of 2 directors.
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UK Post Office: We’re pleased the Government has taken on board the main thrust of our recommendation
UK Post Office has welcomed the announcement in the Queen’s Speech that the UK Government will bring forward legislation that will protect people’s access to cash.
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Emirates Post: making UAE one of the largest e-commerce hubs in the world
Emirates Post, the official postal operator and leading express provider in the UAE, is hosting the World Mail & Express Europe Middle East & Africa (WMX EMEA) conference which opens today (10 May) with the welcome reception. The conference runs from 11-12 May, 2022, at the Intercontinental Dubai Festival City.
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PostNL Q1: We have seen pressure on parcel volumes and higher than anticipated costs
PostNL reports normalised EBIT of €33 million and free cash flow of €52 million for Q1 2022 and says the more challenging macroeconomic environment has impacted e-commerce development.
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UPU: Our colleagues at Ukrposhta have called for our help and we must answer
The Universal Postal Union (UPU) – a United Nations specialized agency and the postal sector’s primary forum for international cooperation – has launched an additional channel of support for the Ukrainian Post (Ukrposhta) through its Quality of Service Fund.
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U.S. Postal Service CFO: We remain on track
The U.S. Postal Service has announced its financial results for the second quarter of its fiscal year 2022 (Jan. 1, 2022 – March 31, 2022), reporting an adjusted loss of approximately $1.7 billion for the quarter, essentially flat compared to the same quarter last year.
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MER Magazine
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