Carrier Intelligence Reports

An Post Carrier Intelligence Report

An Post achieved a return to revenue growth and profitability in 2017, with the revenue performance driven by parcels growth – stemming from new service launch and higher demand – and price increases to offset mail volume declines.

Aramex Carrier Intelligence Report

Aramex recorded 8.7% revenue growth in 2017, driven by very strong growth in its international express division.

Australia Post Carrier Intelligence Report

Driven by inbound deliveries from China, Australia Post’s international parcels volume and revenue grew 19% and 10% respectively in 2017.

bpost Carrier Intelligence Report

Driven by acquisitions made in late 2016 and throughout 2017, bpost reported revenue growth of 24.7%. The acquisition of Radial, completed in November 2017, added €202m in additional revenue alone.

Canada Post Carrier Intelligence Report

In 2017, Canada Post’s total revenue grew 4.4%, the fastest growth recorded by the operator since 2014. Canada Post’s total mail and parcels volumes grew 0.5% year on year in 2017, with the operator handling 8.4bn items.

Czech Post Carrier Intelligence Report

Despite seeing strong growth in revenue for parcels and international mail services – with the latter benefitting from a 59% increase in inbound volumes from China – Czech Post saw total revenue fall 2.4% in 2017.

CEVA Logistics Carrier Intelligence Report

IPC Carrier Intelligence Reports provide critical financial, operational, strategic and market information. The report contains carrier-specific information on issues like macro environment and economic outlook, corporate governance and strategy, consolidated and individual business unit performance

China Post Group Carrier Intelligence Report

China Post reported 17% revenue growth in 2017, primarily driven by a 25% increase for its Financial Services division.

Chunghwa Post Carrier Intelligence Report

Chunghwa Post achieved stable revenue development for the third time in four years in 2017, with total revenue dropping just 0.1% to €7.9bn.

CH Robinson Carrier Intelligence Report

IPC Carrier Intelligence Reports provide critical financial, operational, strategic and market information. The report contains carrier-specific information on issues like macro environment and economic outlook, corporate governance and strategy, consolidated and individual business unit performance

Correios Brasil Carrier Intelligence Report

During 2017, Correios Brasil implemented a number of strategies in an effort to turn around its financial performance.

CTT Portugal Post Carrier Intelligence Report

Driven by the acquisition of a new subsidiary, growth in domestic and international parcel volumes, increased uptake of banking services and the sale of unused real estate, CTT reported 2.5% growth in total revenue in 2017.

Correos Carrier Intelligence Report

Despite 27.5% growth for its express delivery subsidiary, as well as improved performance for the mail division, Correos saw its total revenue fall 1.3% in 2017, largely due to a drop in universal service compensation.

Correos de Mexico Carrier Intelligence Report

Correos de México reported a sharp drop in net sales for all of its main business segments in 2017.

Croatian Post Carrier Intelligence Report

Croatian Post reported strong growth in express delivery revenue and international postal services, offsetting declines in domestic mail demand and resulting in 0.6% revenue growth for delivery services in 2017.

Cyprus Post Carrier Intelligence Report

Strong growth in domestic and international parcels volumes in 2017 – as well as increased retail service demand – resulted in Cyprus Post recording total revenue growth for the first time since 2010.

DB Mobility Logistics Carrier Intelligence Report

DB Mobility Logistics Group’s consolidated revenue grew 0.2% in 2013, reaching €38.9bn. The Group’s logistics division, DB Schenker Logistics, was able to maintain its market position across all sectors, including ocean and air freight, European land transport and contract logistics, despite challen

Deutsche Post DHL Group Carrier Intelligence Report

Deutsche Post DHL recorded 5% growth in total revenue for 2017, with all divisions contributing positively to the improved performance.

DSV Carrier Intelligence Report

For 2014, DSV reported revenue of DKK 48.6bn, up 6.3% on revenue achieved in 2013. Organic volume growth across all divisions contributed to the higher revenue, while acquisition accounted for 1-2% of growth. Strong market competition and weak economic growth in leading regions continued to impact D

FedEx Carrier Intelligence Report

FedEx’s revenue growth remained strong at 8.5% in 2017, following revenue growth of 19.8% in 2016 on the back of the acquisition of TNT Express. The June 2017 NotPetya cyberattack against TNT Express impacted profitability in 2017, partially offsetting yield and volume growth. A significantly lower

Hellenic Post ELTA Carrier Intelligence Report

Hellenic Post saw a slowdown in revenue decline in 2017, with growth for parcels and express partly offsetting the continued drop seen for mail and financial services. Total revenue fell 1.2% in the year.

Hongkong Carrier Intelligence Report

Hongkong Post’s international airmail volumes grew by 30% in 2017, helping to partly offset an almost 10% decline in domestic mail volumes for the year.

Iceland Post Carrier Intelligence Report

Strong growth in domestic and international parcel volumes, as well as price increases, helped Iceland Post maintain strong revenue growth in 2017.

India Post Carrier Intelligence Report

A sharp drop in retail revenue, as well as declining performance for financial services, resulted in India Post’s total revenue falling 11% in 2016 to €1.6bn.

Japan Post Group Carrier Intelligence Report

Driven by continued declining performance for Japan Post Bank and Japan Post Insurance, total revenue for Japan Post fell 3.1% to €100bn in 2017.

Korea Post Carrier Intelligence Report

In 2017, Korea Post’s postal services division saw a decline in international express demand offset strong domestic parcels growth and improved mail performance, resulting in a 1.5% drop in division revenue.

Kuehne + Nagel Carrier Intelligence Report

Kuehne + Nagel’s revenue for 2013 was up 0.8% on that for 2012, reaching CHF 20.9bn. The Group recorded volume growth for both its seafreight and airfreight divisions. Strict cost management, efficiency and the closure of unprofitable logistics locations helped the company achieve improved profitabi

Latvian Post Carrier Intelligence Report

Partnerships with Chinese e-retailers helped drive 21% growth in Latvian Post’s total revenue in 2017, with parcels revenue increasing almost 400% year on year.

Le Groupe La Poste Carrier Intelligence Report

Driven by acquisitions and an increasing market share in the B2C parcels segment in Europe, Le Groupe La Poste’s GeoPost reported 10.5% revenue growth in 2017.

Lithuania Post Carrier Intelligence Report

Driven by strong growth for mail and parcels services, Lithuania Post recorded total revenue growth of 6.9% in 2017.

Magyar Posta Carrier Intelligence Report

Magyar Posta reported a return to revenue growth in 2017, after two years of declining performance.

New Zealand Post Carrier Intelligence Report

Through strong growth for parcels and logistics services, New Zealand Post was almost able to offset mail revenue decline in 2017, with total revenue falling 1.5% in the year.

Nippon Express Carrier Intelligence Report

Following a 0.9% drop in revenue in 2012, Nippon Express recorded revenue growth of 8.6% in 2013, as a result of improved export and import demands and steady growth in the domestic freight market. Increased spending ahead of the consumption tax rise introduced in Japan in April 2014 also drove grow

Posten Norge Carrier Intelligence Report

Posten Norge’s total revenue fell 0.4% in 2017, with flat revenue performance for the Logistics Division offset by a 1.5% decline for the Mail Division.

Omniva Carrier Intelligence Report

Omniva’s revenue growth slowed sharply in 2017, driven by a slowdown in international service revenue, offsetting strong growth in parcels and information service revenue.

Österreichische Post Carrier Intelligence Report

The sale of its trans-o-flex international parcels subsidiary in H1 2016 continued to impact revenue performance for Österreichische Post in 2017, with the operator reporting a 2% drop in total revenue.

Panalpina Carrier Intelligence Report

Panalpina recorded above-market volume growth in both its air freight and ocean freight business divisions during 2013. The Group’s net forwarding revenue increased 2.1% over 2012, with strongest growth coming in the ocean freight division. Improvements to the Group’s EBIT seen in 2013 continued dur

PHLPost Carrier Intelligence Report

PHLPost’s total revenue grew 0.3% to €61.9m in 2017, with strong growth for retail and express services offset by declines for mail and logistics.

Pos Indonesia Carrier Intelligence Report

Pos Indonesia’s total revenue fell 3% to €286m in 2017, with strong logistics growth offset by a decline in mail and financial services.

Pos Malaysia Carrier Intelligence Report

Driven by a 30% increase in express and courier volumes and inclusion of full-year results for its aviation and logistics segments, Pos Malaysia recorded a third consecutive year of double-digit revenue growth in 2017.

Poczta Polska Carrier Intelligence Report

Driven by strong growth for parcels and retail services, Poczta Polska reported 8.5% revenue growth for 2017.

Posta Slovenije Carrier Intelligence Report

For Posta Slovenije, steady revenue growth over the period 2015-17 – revenue increased 3.5% a year on average – was driven by increased demand for parcels and international services and growth for its subsidiaries.

Poste Italiane Carrier Intelligence Report

Poste Italiane reported flat revenue performance in 2017, with strong growth for B2C parcels services offset by a decline in mail and B2B parcels revenue.

Posti Group Corporation Carrier Intelligence Report

Posti Group recorded 1.8% revenue growth in 2017, following three years of revenue decline.

PostNL Carrier Intelligence Report

Accelerating parcels volume growth, driven by expansion in the Netherlands and Belgium, helped PostNL offset revenue declines for its domestic mail division and Spring international subsidiary in 2017.

PostNord Carrier Intelligence Report

Between 2015 and 2017, PostNord reported an average annual revenue decline of 3%, driven by e-substitution, including e-government adoption, impacting Communication Services division performance.

POST Luxembourg Carrier Intelligence Report

Challenging conditions persisted for POST Luxembourg’s three main business segments in 2017.

PTT Turkish Post Carrier Intelligence Report

PTT-Turkish Post saw revenue rise by more than 50% over the five years since 2011, with revenue for its express delivery subsidiary, PTT Kargo, almost doubling over that period.

Royal Mail Group Carrier Intelligence Report

Royal Mail achieved a second consecutive year of strong revenue growth in 2017, with total revenue increasing 4% to €11.6bn.

Russian Post Carrier Intelligence Report

Russian Post reported that its share of the domestic e-commerce delivery market increased by 16 percentage points to 67% between 2015 and 2017.

SG Holdings Carrier Intelligence Report

SG Holdings’ revenue increased by 12.3% in 2017 due to an increase in volumes and average unit prices, along with a change to the fiscal year-end. Despite a tight labour market, productivity improved. SG Holdings’ EBIT margin increased to 6.0% in 2017. The operator plans to make greater use of part-

Singapore Post Carrier Intelligence Report

Driven by strong growth for its Postal division, resulting from increased international shipments, Singapore Post’s total revenue grew 9.2% in 2017.

Slovenská pošta Carrier Intelligence Report

Driven by growth for international postal services and express delivery services, Slovenska Posta reported a 2% increase in revenue for 2016, with total revenue reaching €313m.

South African Post Office Carrier Intelligence Report

South African Post Office (SAPO) reported revenue decline for the sixth consecutive year in 2017, driven by mail volume decline and customer loss.

Swiss Post Carrier Intelligence Report

Driven by declining revenue for mail, financial service and retail divisions, Swiss Post reported a 3.2% drop in group revenue for 2017.

Thailand Post Carrier Intelligence Report

Thailand Post’s revenue continued to grow strongly in 2017, with parcels and express services overtaking mail as the operator’s main source of revenue.

TNT Express Carrier Intelligence Report

TNT Express continued to implement its Outlook strategy in 2015, with significant focus on growth among SME customers and expansion of its European Road Network.

UPS Carrier Intelligence Report

UPS recorded 8.2% growth in total revenue in 2017, driven by domestic B2C e-commerce volumes.

United States Postal Service Carrier Intelligence Report

Between 2014 and 2018, the share of revenue that USPS generated through its Shipping and Packages segment increased from 20% to 30%.

Yamato Holdings Carrier Intelligence Report

Yamato’s revenue growth increased to 4.9% in 2017, following a strong increase in average unit prices. As a result of higher prices and fewer high-volume corporate clients, parcels volume declined during the year. Nonetheless, Yamato Holdings’ EBIT margin declined to 2.3% in 2017. Despite labour sho