The Italian government approved plans to sell up to 40 percent of the state-owned postal company, Poste Italiane, as part of a broader privatization program.
Postal Service News
News coverage of domestics and international postal services, profit and loss, rates and more.
News & Analysis
27 Nov 2013
Royal Mail reported its operating profit almost doubled in the first half of the year, driven by higher revenue at its parcels division...
11 Nov 2013
Amazon.com has unveiled a new partnership with the U.S. Postal Service to deliver packages on Sunday, starting in the Los Angeles and New York metropolitan areas.
10 Oct 2013
The initial public offering of Royal Mail was seven times oversubscribed with more than 700,000 investors applying for shares in the U.K.’s 497-year-old, state-owned postal company.
27 Sep 2013
The U.K. government today set a price range for the initial public offering of Royal Mail that put a maximum value of £3.3 billion (about US$5.3 billion) on the 497-year-old state-owned postal service.
12 Sep 2013
The U.K. today unveiled plans to sell a majority of Royal Mail in a stock market flotation expected to value the 497-year-old state postal service at around £3 billion (about US$4.75 billion).
16 Aug 2013
The U.S. Postal Service has launched changes to its Priority Mail lineup, including improved features such as free insurance, better USPS Tracking, day-specific delivery and new packaging.
12 Aug 2013
Austrian Post reported its revenue was €570.2 million (about US$758.4 million) in the second quarter of 2013, compared with €567.4 million in the second quarter of 2012.
31 Jul 2013
Austrian Post has completed the acquisition of its 25 percent share in Aras Kargo, a Turkish parcel service provider, following anti-trust approval.
10 Jul 2013
The UK today confirmed it will sell a majority stake in Royal Mail, the state postal operator, in a flotation on the London Stock Exchange in the current financial year.