Itella Group acquires OpusCapita
Finland-based Itella Group has announced the acquisition of OpusCapita, a firm that specialises in the automation of cash processes.
Read MoreYear: 2011
Ministers defend "mind-blowing" bid to restart Canada Post
Canada’s government yesterday defended its move to impose a wage deal on postal workers providing lower annual wage increases than had been offered by Canada Post.
Read MoreRegional courier companies to merge in Tennessee
Private equity firm The Riverside Company has acquired a regional, time-sensitive courier company in the US state of Tennessee.
Read MoreFedEx predicts strong growth in 2012 after jump in profits
FedEx Corporation has reported a 33% improvement in its fourth quarter earnings thanks to improved demand, particularly in its US ground services and international express shipments.
Read MoreDHL spends EUR 100m on three new aircraft in Asia
DHL has invested EUR 100m by adding three Boeing 747-400 Converted Freighters (BCFs) to its air network in Asia, in its latest move to bolster its portfolio across the region.
Read MoreUSPS halts contributions to federal pension fund
The cash-strapped US Postal Service has alerted the federal government that it intends to stop making employer’s contributions into the federal pension fund from Friday.
Read MoreSingPost ups stake in Efficient ahead of Indonesian project
Singapore Post (SingPost) has upped its stake in Malaysia-based data processing company Efficient E-Solutions, as it eyes a joint venture with the firm in Indonesia.
Read MoreGerman parcel carriers expect postage rate increase
The price of sending a parcel in Germany is set to increase as the four largest carriers in the country look to combat rising operational costs, according to Die Welt.
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