UPS achieved record results during the full year 2011, as its latest results revealed a 17% increase in adjusted profits for the fourth quarter, with executives noting the “significant” influence of e-commerce in the market.
Read MoreSingapore Post has recorded a 5.2% drop in its profits during the third quarter of its 2011/12 fiscal year, compared to the same period three months previously.
Read MoreEstonia Post has appointed its board member Aavo Kärmas as its next chief executive on a five-year contract effective from March 1, 2012.
Read MoreUPS is set to take a $827m hit to its fourth quarter results after taking the decision to change its accounting procedures for its pension and retiree benefit funds.
Read MoreFedEx has signed a deal with Boeing to purchase 27 new 767-300F aircraft, to replace its medium widebody MD10 cargo aircraft, some of which are now 40 years old.
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