Revenues up by 5.5% at UK Mail
UK Mail has revealed that company revenue jumped by 5.5% during Q1 2011, compared to the previous year.
Read MoreTag: financial results
USPS cuts staff bonuses as losses hit $1bn per month
The US Postal Service has canceled staff bonuses and frozen its officer pay-for-performance incentive program, as it continues to take emergency measures to stay financially afloat.
Read MoreFedEx predicts strong growth in 2012 after jump in profits
FedEx Corporation has reported a 33% improvement in its fourth quarter earnings thanks to improved demand, particularly in its US ground services and international express shipments.
Read MoreGLS sees annual increase in turnover and volumes
European parcel firm GLS Group described its annual turnover as “satisfactory”, whilst announcing a growth in parcel volumes for the year.
Read MoreCTT-Correios de Portugal sees net profit drop
CTT-Correios de Portugal has seen a year-on-year drop in net profit, the company confirmed.
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