Strikes, lockout turn Canada Post profits into losses in Q2
June’s strikes and the national lockout at Canada Post cost the Corporation $167m, according to its the latest financial results, out today.
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Posted by Ian Taylor | Aug 25, 2011 | News |
June’s strikes and the national lockout at Canada Post cost the Corporation $167m, according to its the latest financial results, out today.
Read MorePosted by Ian Taylor | Aug 18, 2011 | News |
The US Postal Service is looking to close hundreds of mail processing plants across the United States as the next step in its plan to bridge a $20bn black hole in its finances up to 2014.
Read MorePosted by Ian Taylor | Aug 15, 2011 | News |
From the start of next month, mailers in the United States will be able to send a two-ounce letter for the price of a one-ounce letter.
Read MorePosted by Ian Taylor | Aug 5, 2011 | News |
The US Postal Service saw a slight year-on-year reduction in its huge losses during the three months up to the end of June 2011, but it is still quickly running out of cash.
Read MorePosted by Ian Taylor | Aug 3, 2011 | News |
A difficult economy and increased competition have hit profits at Poste Italiane in the first half of 2011, but operating costs have also fallen.
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