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Latest Briefings

China Post Express to IPO on Shanghai Stock Exchange

China Post Express & Logistics (CPEL), the parcels subsidiary of state owned China Post, has been given approval by the country’s authorities for an IPO on the Shanghai Stock Exchange.
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TNT Express’ profits in Europe fall, but Asia and Brazil improve

TNT Express, presently being acquired by UPS, has published figures which show a better performance in its problem regions, but continued weakness in its core-European market.
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UPS steady growth spearheaded by forwarding and contract logistics

UPS’s quarterly figures delivered a familiar picture of modest but steady improvements in volumes and rates; with the US performing reasonably well, whilst ‘International’ growth rates have fallen.
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Latest News

PostNord CFO resigns

PostNord has announced that Mats Lönnqvist will resign from his position as Executive Vice President and Chief Financial Officer on June 1. Read more

US Postal Service records loss of $3.2bn in second quarter

USPS reported another quarterly loss of $3.2bn as it looks to US Congress to approve sweeping changes to remain competitive. Read more

FedEx Express complete Tatex acquisition

FedEx announced it has completed an agreement to acquire Tatex, a leading French business-to-business express transportation company, initially reported by Ti on April 20, 2012. Read more

UPS puts financing in place to acquire TNT Express

UPS has announced it has the necessary financing in place for its intended recommended public offer for TNT Express. Read more

PostNord's restructuring leads to first quarter net loss

PostNord has announced revenue of SEK9.93bn for the first quarter of 2012. This resulted in a 0.4% decline compared to SEK10.03bn for the first three months of 2011. However, operating profit and net profit declined 30% and 38% respectively. Read more

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