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Metro Supply Chain buys SCI Group from Canada Post, Purolator

Canada Post and Purolator have agreed to sell their third-party logistics firm SCI Group to Montreal-based Metro Supply Chain. Canada Post says the move

Canada Post segment reports $254-million loss before tax in the second quarter

/CNW/ - Canada Post recorded a loss before tax of $254 million in the second quarter of 2023 as revenue fell across all lines of business.  The Canada Post.

CUPW - 2023-05-18 - Canada Post Losses Continue As CUPW-CPC Bargaining Approaches

CUPW - 2023-05-18 - Canada Post Losses Continue As CUPW-CPC Bargaining Approaches
cupw.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cupw.ca Daily Mail and Mail on Sunday newspapers.

Canada Post reports $107 million loss before tax in the first quarter

Canada Post recorded a loss before tax of $107 million in the first quarter of 2023 as Parcels revenue was relatively flat and Transaction Mail and Direct Marketing revenue declined.

Canada Post: In 2022, Parcels revenue declined by $99 million

 Canada Post recorded a loss before tax of $548 million in 2022, as growing competition in the parcel delivery sector, combined with economic uncertainty and reduced consumer spending, negatively affected parcel volumes and revenue.

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