UPS CEO Scott Davis told the US Chamber of Commerce in Washington, on 26 February that the US and its trading partners would be making a huge mistake if they responded to the recession by adopting protectionist measures to restrict free trade.
Read MoreDeutsche Post said it expects underlying earnings to fall in 2009 as the global economic crisis further chipped away demand for mail and logistics services in the first quarter.
Read MoreEmirates Post Group announced a 30% increase in net profits for last year. According to preliminary results, in 2008 the group’s net profit rose to Dh247m.
Read MoreTNT Post expects a turnover of Euro 1bn from its European networks (eight countries outside the Netherlands) this year, according to the Financieele Dagblad. This is double the figure booked in 2005.
The company forecasts 2006 turnover from foreign activities to reach Euro 750m. The British and German markets are particularly important, said TNT.
Read MoreUpdate on the BvDP postal liberalisation index including key data.
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