The Canada Post Group of Companies reported a profit before tax of $51 million in the first quarter of 2013, compared with a loss before tax of $73 million in the first quarter of 2012.
Postal Service News
News coverage of domestics and international postal services, profit and loss, rates and more.
News & Analysis
21 May 2013
Royal Mail’s profit more than doubled, driven by surging parcel deliveries, in a major boost to the forthcoming privatization of the UK’s 363-year-old state-owned postal company.
17 May 2013
Amber Road, a New Jersey-based platform that automates and streamlines global trade, has been selected by the Kahala Posts Group, an alliance of 10 postal administrations around the world...
16 May 2013
PostNord reported its net profit in the first quarter of 2013 was 185 million Swedish krona (about US$27.8 million).
07 May 2013
Dutch mail company PostNL swung to a first quarter loss of 410 million euros ($533 million) following a 440 million euro
01 May 2013
The U.K. said it expects to hire banks to advise on an initial public offering for Royal Mail Group, the 363-year-old state postal company, by the end of May.
24 Apr 2013
FedEx Express has entered into a new express air transportation contract with the U.S. Postal Service.
18 Feb 2013
An initial public offering of Royal Mail within the coming year is emerging as the most likely path to the long-stalled p
14 Feb 2013
Patrick R. Donahoe, postmaster general, has urged Congress to reform the Postal Service’s business model to alleviate the agency’s worsening financial problems.
06 Feb 2013
The United States Postal Service today announced that it will stop delivering mail on Saturdays, starting the week of Aug. 5., although it will continue to deliver packages on Saturdays.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
Big Growth in Small Packages?