Entries by Adam James

Stamps.com’s shares down nearly 50% | Post & Parcel

Stamps.com shares dipped almost 50% in late trading on Thursday after the company said it was giving up its exclusive deal with the U.S. Postal Service reports Marketwatch. “We will no longer be exclusive to the USPS and that’s non-negotiable,” Chief Executive Kenneth McBride said of demands his company made in negotiations to renew their revenue-sharing […]

Royal Mail confirm stamp price increase | Post & Parcel

Feb 22, 2019 From 25 March, the price of a 1st Class stamp will increase by 3p to 70p and the price of a 2nd Class stamp will increase by 3p to 61p. Royal Mail says “ these changes are necessary to help ensure the sustainability of the Universal Postal Service.” The company says that […]

Pakistan Post to expand its network with 15,000 new outlets  | Post & Parcel

Pakistan Post is to expand its reach across the country to provide better service and make it a more profitable entity. Pakistani politician and Minister for Communications Murad Saeed made the announcement during a ceremony in Islamabad on Friday. He said Pakistan Post has currently 12,000 outlets and with the collaboration of National Database and […]

An Post tackles climate change head on | Post & Parcel

Feb 21, 2019 An Post has announced that all its deliveries in Dublin City Centre will be zero emission by the end of this year. The initiative is part of the company’s ‘Post Eco’ plan to eliminate carbon emissions by 2050. Under the Plan, An Post will also deliver: zero emission postal deliveries in Cork, […]

Europa’s invests £2 million in preparation for Brexit | Post & Parcel

Europa Worldwide Group, has invested £2,000,000 into a reconfiguration programme at its 1Hub in Dartford as part of its preparation for Brexit. The development was already part of the leading logistics supplier’s long-term strategy to expand the site as the company experienced growth, but with Brexit fast approaching, the European Road transit hub work has […]

FedEx to make European roads safer with new programme | Post & Parcel

FedEx Express and international non-profit the Global Alliance of NGOs for Road Safety have launched the Safer Cycling Advocate Programme, a two-year collaboration aimed at improving safety for vulnerable road users in Balkan cities. The Global Alliance of NGOs for Road Safety, a network member organisation that brings together more than 220 road safety organisations, […]

Kerry Logistics strengthens links in Greater China with new joint venture | Post & Parcel

Kerry Logistics Network Limited has announced a joint venture with E-Services Group, an international e-commerce company in Asia, to strengthen global e-commerce fulfilment capabilities, particularly in the Greater China region. The joint venture, Kerry ESG Company Limited (Kerry ESG) will combine Kerry Logistics’ global supply chain capabilities with ESG’s technology platform, global marketplace networks, and […]

Australia Post reveals profit after tax down 45 % in the first half but parcels performing strongly | Post & Parcel

Australia Post has published its financial performance for the six months to 31 December 2018. The company’s profit before tax was $154 million, down 36 % year-on-year. Underlying profit before tax was $124 million, down38 %. Group revenue was flat at $3.6 billion. Profit after tax $118 million, down 45 %. The largest business segment, […]