Canada post c $58 million loss in 2013

Canada post has released the latest results show that, the company pre-tax loss c $58 million in 2013.
 
Due to the volume of mail continues to decline, the core of the Canada post letters business losses before c $125 million. Since 2007 the average Canadian postal address of each transactional mail volume fell by 30%, but Canada post is still $127 million profit in 2012.
 
In 2013, sold at c $109 million is located in downtown vancouver Canada post mail processing center, proceeds to a certain extent, ease the loss of the company in 2013.
 
Canada post said that customers from paper transactional emails, letters, billing and settlement of a one-way digital way "historic changes" means "needs to be fundamentally change".
 
Action plan is being put into practice in Canada post five, hope that the volume shrinkage under the background of solve the fixed costs of the network, including community mailbox gradually to replace the mail door-to-door delivery business, adjust the stamps pricing, absorb more charter postal outlets, simplify the mail and parcel processing network, reducing staff. The plan is a year can save the cost of c $900 million.
 
Canada post 2013 revenue and flat in 2013, less than 0.5% higher than in 2012, slightly below the plan target in 2013. However, because Canada post Purolator package and subsidiary company productivity, operating cost c $298 million, slightly lower than the anticipated goal.
 
The Canadian government through legislation, in February 2014, allows Canada post to waive payment of special, to make up for the deficit from 2014 to 2017. But Canada post must again in 2018 before the special fee and union pension reform.
 
MYEX fujian international express
 
The 2014-05-29