The latest UK Government figures show 19.2% of transport & storage businesses have no cash reserves left. Traders have also been left reeling by the collapse of the pound. Home deliveries could be plunged into a pre-Christmas crisis, warns ParcelHero.
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Today DPD Netherlands announced the acquisition of Cool Runnings Transport BV
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The United States Postal Service reported new delivery performance metrics for the fourth week of the FY2023 first quarter showing consistent performance for all First-Class, Marketing and Periodical mail categories.
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Australia Post has released its 2022 Annual Report which further underlines the structural challenges facing the business as letter volumes decline and more customers choose to access over-the-counter services online.
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Singapore Post Limited (SingPost) has announced its results for the half year ended 30 September 2022 revealing the highest revenue recorded in the Group’s history within any half year however the Group also recorded a net loss of S$2.4 million for the first half and a net loss attributable to equity holders of S$9.9 million.
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DB Schenker will be opening a new site in the Prague region next year.
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Eurora Solutions, the provider of an AI/ML-powered (artificial intelligence/machine learning) cross-border trade compliance platform, notes the upcoming regulation changes in Singapore, which directly affects UK and EU companies exporting low-value goods to Singapore.
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FedEx Corp. today released the findings from its 2022 report that analysed the company’s impact on the global economy with key regional and market-specific analyses from around the world at the conclusion of its 2022 fiscal year (FY 2022).
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