New Zealand Post reports $110m net profit for second half of 2015
New Zealand Post Group has reported a net profit after taxation (NPAT) of $110m for the six months to 31 December 2015.
Read MoreYear: 2016
HRG shares jump on back of Steinhoff offer
Shares in Home Retail Group (HRG), the owner of retailer Argos, jumped 12% today (22 February) on the back of the news that South Africa’s Steinhoff had thrown its hat in the ring on Friday with a $1.4bn bid to trump Sainsbury’s $1.35bn offer.
Read MorePosti setting up Baltics pickup point network
Finland’s Posti Group is building up a pickup point network in Estonia, Latvia and Lithuania.
Read MorePostEurop: Growing confidence in EU e-commerce boosts delivery sector
PostEurop has welcomed a recent study by Copenhagen Economics which found that there is growing confidence in the dynamic EU e-commerce market, with a positive spill over into the European delivery sector.
Read MoreXpressbees raises $12.5m funding
Indian e-commerce logistics provider Xpressbees has raised $12.5m funds in a Series A round led by existing investors.
Read MoreUPS expands alliance with Kenya’s FIT
UPS has expanded its strategic alliance with Kenya’s Freight In Time (FIT).
Read MoreAmazon raises minimum spend for free shipping
Amazon.com has raised the minimum spend required from non-Prime members to qualify for free shipping to $49.
Read MoreNew Sales & Marketing Manager for OCM
Italy-based intralogistics solutions provider OCM has appointed Marco Tiziano Colella as its new Sales & Marketing Manager EMEA.
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