TNT profit slumps due to rising costs
Dutch firm TNT Express today (Monday) revealed an 85% drop in net profit during Q2, despite “strong” performance in EMEA.
Read MoreTag: financial results
SingPost looks to ecommerce bounty as mail drags down profits
A slower economy has hit profits at Singapore Post during the first quarter of the financial year, although according to its latest results some balance was provided by strong growth from e-commerce shipping.
Read MoreUPS earnings jump 25% during Q2
UPS has revealed a 25% growth in earnings for Q2 as company performance was boosted by “quality of revenue in US Domestic, superior export volume growth in International, and record Supply Chain & Freight results”.
Read MoreAramex records "healthy" growth amid Middle Eastern turmoil
Express delivery and logistics company Aramex has reported a “healthy increase” in its second quarter revenues, despite continuing instability in the Middle East and North Africa region.
Read MoreBrazil's Correios to invest billions in network modernisation
Brazil’s Correios plans to invest R$4bn ($2.5bn USD) over the next five years to improve postal services and modernise infrastructure.
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