City Link cuts losses in half, but revenue slides
UK parcel carrier City Link has cut its losses almost in half in the past year, and says it is expecting the turnaround to continue with more investment.
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UK Mail hits challenging few weeks, as parcel growth slows
UK Mail Group has hit a more challenging period of the year than expected — with parcel volumes not growing as hoped.
Read MoreTNT Express issues profit warning, plan to settle antitrust case
TNT Express share values dropped 11% yesterday as the company issued a profit warning, and said it will settle a French antitrust lawsuit.
Read MoreFedEx profits jump in first quarter on volume growth
Volume growth and cost-cutting initiatives have seen profits jumping at FedEx in the first quarter of its fiscal year.
Read MorePoste Italiane seeking postal reforms as profitability slides
Poste Italiane grew its sales in the first half of the year thanks to its insurance business, but profitability slumped under pressure from declining mail volumes.
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