PostNL expects Q2 2020 results to come in strongly above last year
PostNL has provided a financial update on Q2 business trends and FY 2020 outlook revealing strong improvement.
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FM Logistic posts strong performance for 2019/20
French-based 3PL FM Logistic has published its results for the fiscal year 2019/20 ended on 31 March 2020. The company will publish its detailed annual report on the 10th of July when it holds its AGM.
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Trading in both DX Freight and DX Express has been better than anticipated
In an update to its current trading for the financial year ending 27 June 2020 DX has said trading in both DX Freight and DX Express has been better than the Board anticipated, although Group revenue is still approximately 10-15% below expected seasonal levels at this point in time.
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Alibaba forecasts slower revenue growth for 2021
Alibaba Group Holding Limited has announced its financial results for the quarter and fiscal year ended March 31, 2020, revealing revenue growth of 22% in Q4 despite the challenges of COVID-19.
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Canada Post reports $153 million loss in 2019 before the pandemic
Canada Post has reported significant losses in 2019 as its Parcels business grew at a slower pace in 2019 as the competition in e-commerce delivery intensified.
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The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.