Posti Group profits up, but sales slide 7.3% in first quarter
Finland’s national postal service Posti Group said its earnings improved in the first quarter of the year even if sales dropped 7.3% year-on-year.
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UPS earnings up 14% as it avoids less profitable contracts
Package delivery giant UPS has seen double-digit earnings growth in its first quarter of 2015, on “robust” international growth and an improved domestic US situation.
Read MoreTNT facing challenging 2015 ahead of FedEx takeover bid
FedEx acquisition target TNT made an EUR 11m operating loss in its first quarter as revenue fell 1.5% year-on-year on “disappointing” sales in Western Europe.
Read MoreStrong US dollar means acquisition opportunities, says Aramex
International express and logistics firm Aramex said today that the strong US dollar could push it towards acquisitions.
Read MoreUK Mail Group strains to cope with ex-City Link volumes
The mail and parcel carrier UK Mail Group has warned that its costs have been hit by taking on too many parcels in the wake of the collapse of rivals City Link.
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