Calls for “lame duck” reforms as USPS records $16bn loss
The US Postal Service said today it is “critical” that Congress passes key postal reforms before the end of next month, as it recorded a $15.9bn loss for the 2012 year.
Read MoreTag: financial results
Royal Mail profit jump makes case for privatisation
Royal Mail said today that preparations for privatisation were now underway, and that “all options are being considered” for bringing in external investment to help continue its transformation into more of a parcel business.
Read MoreMail business pulls down Deutsche Post profits in Q3
Increasing labour costs and declining letter volumes in the mail business has seen profits slipping slightly at Deutsche Post DHL during its third quarter of the year.
Read MorePostNL runs fresh delivery trials with letter volumes down 10%
PostNL blamed the Internet today for a sizable 10% drop in its domestic addressed mail volumes, as it revealed its latest financial results.
Read MoreNorway Post profits up 21%, but parcel volumes down in Q3
Norway Post has seen its revenues fairly stable in the third quarter, but its underlying profitability is up 21% on this time last year.
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