Canada Post revenues drop more than expected in Q1
Canada Post has said its revenue was lower then expected in the first three months of 2012, as it reported a $3m loss before tax.
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Purolator sales increase 8% in 2011
Canadian parcel and logistics company Purolator achieved 8.2% growth in its revenues in 2011, a $123m increase over the previous year, according to its latest annual report.
Read MoreJudicial review set for Canada Post union contract arbitrator
Canada Post is facing further delay in its attempts to finalise a labour contract for the urban members of the Canadian Union of Postal Workers.
Read MoreCanada Post Corporation records first loss for 17 years
Canada Post has recorded its first loss after 16 consecutive years of profitability, with declining mail volumes and last summer’s strike action contributing to a $327m loss before tax in 2011.
Read MoreNewgistics launches US-Canada cross-border shipping service
Parcel shipping and returns enabler Newgistics has launched a new cross-border service for US ecommerce retailers selling to Canadian consumers.
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