Canadian postal mail and reduced the amount of profit decline

The latest statistics show that in 2012, despite a profit, but influenced by mail of the decline in 2013, Canada Post a loss that may arise.
In 2012 December, under the influence of important labor agreement, Canada Post pre-tax profits of $127000000, pre-tax profits of core business for $98000000. In 2011, the group pre-tax loss of $253000000. Group revenue last year was stable at 7500000000 dollars.
Rising overall performance by chance, including non-cash adjustment value will reach about $152000000. This is due in large part to the collective cut the cost of future. Because in 2012 December, Canada Post and the trade unions signed a new collective agreement, slashed staff sick leave and post-retirement health benefits. If we do not consider the benefits of non-cash adjustments, then Canada Post last year is likely to be a pre-tax loss of $54000000.
Canada Post president and CEO Deepak Chopra at the company's annual report, group is now in a "critical moment", called on employees "to fundamentally rethink the business of the company". At the same time, in 2012 December with the Canadian Postal Union (CUPW) signed the "historic" agreement expressed relief. Under the agreement, the initial wage of new hires receive will be lower, and in 2015 and 2016 do not have the wages, pensions and benefits at the same time, health care has changed.
Canada Post's core business revenue stagnation, 2012 is still hovering in the $5900000000. Alternative digital products, domestic Lettermail business volume in the last year also fell 6.4%. The company pointed out, the digital transmission network has served more than 15% through epost electronic documents, although the all-weather online post office are more and more Canadians are contact.
The package volume growth of 6.7%. This is largely because of online shopping brings the door-to-door service. At present, the online consumer spending accounts for only 4% of the total retail sales of canada. Therefore, the group is expected to electronic commerce in the future will show the growth trend of make a spurt of progress.
B2B express Service Corporation Purolator2012 annual income is slightly increased to $1630000000, but its pre-tax profits from $73000000 in 2011 to $38000000.
MYEX min Asia International Express
2013-05-15