Not even the mail is safe from Argentina’s ruthless recession. Correo Argentino, a private firm running the national post office, filed for bankruptcy protection on Wednesday to dig its way out of massive debt with a cash-strapped government.
Read MorePost office concession holder Correo Argentino SA will
seek protection from creditors, newspaper Clarin reported, citing unnamed
sources. Correo Argentino is controlled by Macri group’s Sideco SA and Banco Galicia
SA. Its main creditor is the Argentine state.
Despite the recent terrorist attacks against the United States, delivery and cargo company DHL predicted growth in sales of 15 percent in Mexico during the next 18 months. The company’s sales should grow by 15 percent by the end of 2002, over sales of 1.8 billion pesos at the end of 2000, said Vice President of Sales Octavio Dominguez Linage
Read MoreLanLogistics, a subsidiary of LanChile S.A., and The United States Postal Service announced a new partnership created to enhance trade in the Americas.
Together the two organizations will provide fast, economical and reliable shipping service from countries throughout Latin America, Mexico and the Caribbean to final destinations in the United States.
United Parcel Service (UPS) and Chile Express have entered into an agreement that serves both parties
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