The week that was: 19 August, 2011
The US Postal Service plans massive cutbacks, Canada Post rethinks role of letter carriers, and questions on express security in China…
Read MoreYear: 2011
Austrian Post achieves 70% boost in earnings
Austrian Post said today it’s “on the right track”, after recording an 11% growth in earnings before tax and a 2.9% increase in overall revenues for the first half of this year.
Read MorePitney Bowes upgrades SendSuite shipping software
Pitney Bowes has upgraded its SendSuite Live shipping software platform to include a new parcel tracking system and a freight brokerage service for smaller shippers.
Read MoreDifficult union talks begin for US mail carriers and handlers
The US Postal Service officially began talks with two unions this week, seeking new collective bargaining agreements following on from the deal ratified by the American Postal Workers’ Union back in May.
Read MoreDonahoe: US mailing industry "too fragile" for major rate increase
The mail industry in the United States now appears to be “too fragile” for the US Postal Service to raise its postal rates by above-inflation amounts, US Postmaster General Patrick Donahoe said on Wednesday.
Read MoreFedEx freight forwarding unit expands in Europe and Asia
FedEx freight forwarding division FedEx Trade Networks has opened three new offices in Germany, Romania and China as it seeks to expand its global presence.
Read MoreItella to review operations seeking to cut €100m costs
Finland’s Itella Corporation has launched a major review of its business, seeking to trim EUR 100m from its operating costs over the next three years.
Read MoreCanada Post maintains profitability as volumes decline 2%
Canada Post released its delayed annual report for the 2010 year yesterday, revealing a 27% drop in earnings in its core business compared to 2009, though profitability was maintained in difficult circumstances.
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