Hermes targeting ecommerce growth in Brazil and Asia
European parcel delivery firm Hermes is targeting international growth in the booming e-commerce segment with plans to expand its value added services for Internet retailers.
Read MoreTag: financial results
Purolator sales increase 8% in 2011
Canadian parcel and logistics company Purolator achieved 8.2% growth in its revenues in 2011, a $123m increase over the previous year, according to its latest annual report.
Read MoreCorreios de Portugal maintains profit, but revenues down 4.2%
CTT Correios de Portugal has recorded a 4.2% drop in its revenues for the full year 2011, as a result of a 6.4% reduction in mail volumes, but remained profitable.
Read MoreAustrian Post earnings up in Q1 with letter division growth
Austrian Post has seen some good revenue growth in both letters and parcels revenue in the first quarter of 2012, despite a “subdued” economy.
Read MorePackage service growth fails to keep USPS losses from spiraling
The US Postal Service has recorded a net loss of $3.2bn for the first quarter of the year, bringing the fiscal year’s total loss so far to $6.5bn.
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