PostNord rings changes as volume declines accelerate
Nordic mail and logistics operator PostNord is making management changes ahead of a SEK 1bn ($156m USD) cost-cutting program, as it faces up to accelerating mail volume reductions.
Read MoreTag: financial results
Profits fall sharply at Norway Post as wage costs bite
Norway Post has recorded a 1.9% increase in its sales in the first half of the year, but operating profits have fallen sharply.
Read MoreGreek bailout hits profits at La Poste
La Poste has had its profits dented by the European plan to prop up the ailing Greek economy.
Read MoreUS Postal Service losses reach $7bn in year so far
Days before the US Senate returns to consider the future of the US Postal Service, losses at USPS have now reached more than $6.8bn in the year so far, with two more months yet to come in its current fiscal year.
Read MoreQuakes prompt "very disappointing" loss for New Zealand Post
Damage and disruption from this year’s earthquakes have compounded with a bad economy and company restructuring to push New Zealand Post $35.6m into the red.
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