Royal Mail parcels business shrinks in first quarter
Competition in the UK parcels sector continues to hamper Royal Mail’s results, according to the newly-privatised company’s latest quarterly data.
Read MoreTag: financial results
Post Office Ltd cost-cutting helps profits, but not sales
Britain’s Post Office Ltd cut its dependence on state subsidies last year, with underlying operational profits up 14%, but revenue was down across the board.
Read MoreParcel volumes up 10% at UK Mail Group in first quarter
UK Mail Group said yesterday its parcel volumes are up 10% compared to last year.
Read MoreStrong fourth quarter at FedEx Corp driven by e-commerce growth
FedEx Corp had an “outstanding” fourth quarter according to its chairman, president and CEO Frederick W Smith, helping the express delivery giant to a “good” year overall.
Read MoreCanada Post made $27m loss in first quarter
Canada Post Group made a pre-tax loss of $37m in the first quarter of the year, it revealed yesterday.
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