Czech Post profits down 32%, but parcels offer potential
Czech Post saw its profits drop by 32% in the first half of the year, while revenues fell by just over 4% compared to the same period in 2011.
Read MoreTag: financial results
City Link per-parcel driver payments helping recovery plans
Struggling parcel delivery company City Link is “on track” to achieve break even point by the end of the year, according to its parent firm Rentokil Initial plc.
Read MorePostNL mail business problems drag down Q2 results
Problems in the reorganisation of PostNL’s letter business has caused its domestic mail division to slip into a loss for the second quarter of the year, wiping out gains from parcels growth.
Read MoreThe week that was: 3 August 2012
Summing up the biggest stories of the week from the pages of Post&Parcel, including the US Postal Service historic default, positive signs for TNT Express, and Deutsche Post’s tax problems…
Read MoreDeutsche Post sales grow 7.3%, earnings hit by VAT repayment
Deutsche Post DHL raised its predictions for its performance in the rest of this year today, as it recorded a 7.3% increase in revenues, driven particularly by the DHL business and the Asian region.
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