Driven by strong growth for domestic parcel volumes, Canada Post saw total revenue grow by close to 3% in 2019.

Parcel volumes grew 8%, with segment revenue exceeding that for transactional mail for the first time. Parcels and logistics subsidiary Purolator also saw strong revenue growth for the year, despite seeing a slowdown in volume growth from 2018. Meanwhile, domestic mail volumes fell 7% year on year, driving a 3% drop in total mail revenue. For more details download the latest IPC Carrier Intelligence Report for Canada Post.

 

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