PostNord profits fall 39% in Q1, amid restructuring
Swedish-Danish postal operator PostNord said its first quarter of 2012 proved “satisfactory” considering the difficult situation it is in.
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Express, parcel growth pushes Deutsche Post profits up 64%
Deutsche Post’s international DHL business and its domestic parcels unit has helped the logistics giant to earnings increases in a “subdued” global economy in the first quarter of the year.
Read MorePostNL Q1 profits up 400% thanks to TNT share price gains
PostNL has received a big windfall from the UPS offer for its 30% stake in TNT Express even though the sale is not expected to go through until the third quarter of this year.
Read MoreLithuania Post sales up 12.7% in first quarter
Lithuania Post has continued profitable operations into the first quarter of 2012, after last year saw its first annual profit in four years.
Read MorePrice increases helping City Link, but losses up 18.7%
Struggling UK parcel delivery firm City Link saw its sales increasing 1.7% in the first quarter of the year under its new management team, but losses for the quarter grew by GBP 2m.
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