Carrier Intelligence Reports

bpostgroup Carrier Intelligence Report

2024 was a pivotal year for bpostgroup. The company faced significant headwinds, including the abrupt termination of the Belgian newspaper distribution contract and slower-than-expected progress in its U.S. diversification strategy.

DHL Group Carrier Intelligence Report

Updated

DHL Group delivered a resilient performance in 2024, navigating a volatile macroeconomic environment marked by geopolitical tensions, inflationary pressures, and sluggish global trade.

An Post Carrier Intelligence Report

An Post’s parcels and retail divisions post growth in revenue for 2023

Aramex Carrier Intelligence Report

A recovery in logistics demand and continued strong growth in parcels and express volumes drove a 10% increase in revenue for Aramex in 2021.

Australia Post Carrier Intelligence Report

Australia Post prioritises parcels through investment in sorting centres and the launch of its Metro service in 2023.

Canada Post Carrier Intelligence Report

Canada Post to divest 3PL and IT branches in effort to concentrate on core services

Czech Post Carrier Intelligence Report

Czech Post’s revenue grew 1% in 2023. Driven by an EBIT of €-55.4m, Czech Post reported an EBIT margin of -4.1% in 2023, compared to -8.3% the prior year.

China Post Group Carrier Intelligence Report

China Post’s total revenue increased 8% year on year in 2020, driven by strong parcels and financial service performance.

Chunghwa Post Carrier Intelligence Report

Slowing but continued mail volume declines and lower interest income drove a 3% drop in total revenue for Chunghwa Post in 2019.

Correios Brasil Carrier Intelligence Report

Correios Brasil saw its parcels and international volumes increase by more than 45% in 2021, driving total revenue up by almost a fifth.

CTT Portugal Post Carrier Intelligence Report

Driven by significant parcels & express volume growth in both of its major markets, CTT Portugal Post saw group revenue increase by 8.7% in 2023. Growth of nearly a third in parcels revenue was driven by higher volumes – by nearly 60% in the post’s Spanish market – than the previous year.

Correo Argentino Carrier Intelligence Report

Lower postal service demand, including electoral services, drove a 33% drop in total revenue for Correo Argentino in 2020.

Correos Carrier Intelligence Report

Group revenue increased 13.6% in 2023, to reach €2,377mn. After several years of lower revenue levels, this marks a near-recovery to 2019’s group revenue of €2,397m.

Correos de Chile Carrier Intelligence Report

Through effective cost management and the opening of new business lines, Correos de Chile witnessed revenue growth of 6.8% in 2023.

Correos de Mexico Carrier Intelligence Report

With mail and parcel volumes falling in 2019, Correos de México saw a 6% drop in total revenue for the year.

Croatian Post Carrier Intelligence Report

Revenue grows over a tenth in 2023 as parcels processing capacity grows.

Cyprus Post Carrier Intelligence Report

A decline in mail and retail demand more than offset strong growth for parcels and express, resulting in a 9% drop in total revenue for Cyprus Post in 2019.

FedEx Carrier Intelligence Report

Decline in parcel volumes and fuel surcharges drives drop in revenue.

Hellenic Post ELTA Carrier Intelligence Report

Financial share of group revenue has doubled since 2019.

Hongkong Post Carrier Intelligence Report

A slight drop in postal revenue was more than offset by growth for retail and other services, resulting in a 2% increase in total revenue for Hongkong Post in 2020.

Iceland Post Carrier Intelligence Report

Revenue for the year contracted by 0.8% in 2023. Iceland Post witnessed its profit levels drop by nearly a half in 2023.

India Post Carrier Intelligence Report

While mail and financial service revenue grew steadily in 2019, India Post saw a sharp drop in express delivery volumes, resulting in total revenue growth of just 0.6%.

Japan Post Group Carrier Intelligence Report

Significant group revenue growth driven by financial services division, as Japan Post prioritises partnerships & digital transformation.

Korea Post Carrier Intelligence Report

Korea Post recorded its fastest revenue growth for more than five years in 2018, with total revenue increasing 3% in the year.

Latvian Post Carrier Intelligence Report

Latvian Post reported an increase of 1.9% in group revenue, to reach €110m in 2023.

Le Groupe La Poste Carrier Intelligence Report

La Poste Groupe witnessed increased revenue of 1.7% on a like-for-like basis in 2023.

Lithuania Post Carrier Intelligence Report

Lithuania Post’s revenue declined 2.7% in 2023. Growth was most significant in the Retail services division, for which revenues increased 25.8% year-on-year, and in the Complementary Postal Services division, which recorded revenue growth of 16.5% in 2023.

Magyar Posta Carrier Intelligence Report

Magyar Posta reported revenue growth of 7.9% in 2023, to reach €675m of revenue for the year. Growth was driven by strong performance in the parcels and finance divisions.

NZ Post Carrier Intelligence Report

Revenue from sales grows 1% as New Zealand Post targets profitability by 2025.

Posten Bring Carrier Intelligence Report

Parcel volume growth drives increased group revenue in 2023.

Omniva Carrier Intelligence Report

Record parcel volumes in 2023, as Omniva aims to be leading logistics provider.

Österreichische Post Carrier Intelligence Report

Group revenue growth of 8.7% driven by parcels and banking divisions

PHLPost Carrier Intelligence Report

Lower demand for mail, parcel and financial services during the pandemic, particularly during lockdown periods, drove a 48% drop in revenue for PHLPost in 2020.

Pos Indonesia Carrier Intelligence Report

A 31% increase in parcels service revenue drove double-digit revenue growth for Pos Indonesia in 2018.

Pos Malaysia Carrier Intelligence Report

Pos Malaysia’s revenue grew 12% in 2020, driven by higher mail and courier services revenue, as well as strong demand for automotive logistics.

Poczta Polska Carrier Intelligence Report

New strategy prioritises digital, parcels and logistics services.

Posta Slovenije Carrier Intelligence Report

Posta Slovenije targets digital and e-commerce as PUDO network grows.

Poste Italiane Carrier Intelligence Report

Launch of Polis in support of digital integration of omnichannel network while Poste Italiane's group revenue grew 6.5% in 2023.

Posti Group Corporation Carrier Intelligence Report

Operational efficiency drives profitability growth amid decline in revenues in 2023

PostNL Carrier Intelligence Report

PostNL marked its 225th anniversary in 2024, a year of both celebration and challenge. The company reaffirmed its role as a vital logistics provider in the Benelux region, while navigating a volatile economic environment, rising operational costs, and structural shifts in consumer behaviour.

PostNord Carrier Intelligence Report

Contraction in both mail and parcel volumes drove 2.7% drop in revenue in 2023.

POST Luxembourg Carrier Intelligence Report

POST Luxembourg surpasses €1bn in revenues in 2023

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

Revenue growth for both Royal Mail and GLS in 2023.

Russian Post Carrier Intelligence Report

Growth for its postal service division, as well as increased commission revenue for its subsidiaries, drove a steady increase in total revenue for Russian Post in 2020.

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

Contraction in freight volumes weighs on group revenue in FY2023-24

Slovenská pošta Carrier Intelligence Report

Total revenue for Slovenska Posta dropped 3% in 2020, with declines in mail, retail and financial services offsetting growth for parcels and express.

South African Post Office Carrier Intelligence Report

New government services resulted in more than 20% growth in revenue for South African Post Office in 2018.

Swiss Post Carrier Intelligence Report

Interest income and acquisitions drove revenue growth in 2023.

Thailand Post Carrier Intelligence Report

Thailand Post saw its total revenue drop 12% in 2020, driven by accelerated mail e-substitution and falling parcel volumes.

UPS Carrier Intelligence Report

Driven by a contraction in volumes across all categories, as well as a decreasing fuel surcharge, UPS’s group revenue fell 9.3% in 2023 to reach €87.4bn.

United States Postal Service Carrier Intelligence Report

Rate increases and continued growth in parcels and express volumes drove accelerated revenue growth for USPS in 2021.

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