Correios de Portugal maintains profit, but revenues down 4.2%
CTT Correios de Portugal has recorded a 4.2% drop in its revenues for the full year 2011, as a result of a 6.4% reduction in mail volumes, but remained profitable.
Read MoreTag: Portugal
Geodis partners Buytrago to expand in Iberian Peninsula
French logistics giant Geodis has signed a three-year partnership with Spanish express company Buytrago to expand its distribution in Spain and Portugal.
Read MorePortugal opens postal market to full competition
As of today, Portugal has opened its postal market to full competition, a year and four months later than required by the European Union.
Read MoreCTT Expresso IT investment to allow real-time parcel tracking
CTT Expresso, the courier and express delivery arm of the Portuguese national postal service, has invested EUR 680,000 in new mobile computers.
Read MoreCTT Portugal trials 24-hour self-service post office
Portuguese postal service CTT is trying out technology from US firm Escher Group at a fully self-service postal kiosk established next to its headquarters in Lisbon.
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