Itella reviewing “risky” search for growth after 2011 losses
Finland’s Itella Group is reviewing its growth strategy in the light of gloomy results for its full year in 2011.
Read MoreTag: financial results
Why the US Postal Service should call in the receivers
James Cartledge speaks with corporate restructuring expert Van Conway, president and co-founder of Conway MacKenzie, Inc., about how he would turnaround the troubled US Postal Service.
Read MoreTax benefits boost Pitney Bowes’ flagging revenues
Pitney Bowes has recorded a big increase in its share earnings for the full 2011 year, largely thanks to a sizeable tax benefit, which concealed declines in revenues.
Read MoreUSPS records $3.3bn loss in Q1, despite “remarkable” parcel growth
The US Postal Service has had a “remarkable” first quarter of the year according to its chief financial officer – but the three months up to December 31 still brought in a net loss of $3.3bn.
Read MoreAramex hails “exceptional” 2011, but prospects uncertain for 2012
Middle East-based express and logistics company Aramex achieved a 4% increase in profits and 18% increase in revenues for the fourth quarter of 2011.
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