Carrier Intelligence Reports

An Post Carrier Intelligence Report

Strong parcel volume growth offset declines for letters to drive an overall increase in postal revenue in 2020, resulting in a 3% increase in total revenue for An Post.

Aramex Carrier Intelligence Report

Aramex’s EBIT margin increased to 13.5% in 2018, the highest it has recorded.

Australia Post Carrier Intelligence Report

Strong growth in domestic e-commerce demand supported a 7% increase in total revenue for Australia Post in 2019.

bpost Carrier Intelligence Report

Strong growth for e-commerce logistics and domestic parcel services offset the impact of an accelerated decline in mail volume, with total revenue increasing 8% in 2020.

Canada Post Carrier Intelligence Report

Total revenue increased 5% in 2020, with strong parcels performance offsetting the accelerated decline in transactional and admail demand.

Czech Post Carrier Intelligence Report

Lower retail, financial and mail revenue offset growth for government services, parcels and digital mailboxes for Czech Post in 2020.

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

Strong growth for parcels was more than offset by declines for mail, logistics, financial and retail services, with total revenue dropping 0.3% in the year.

CTT Portugal Post Carrier Intelligence Report

With parcels and express revenue increasing 27% and Banco CTT recording 31% revenue growth, CTT Portugal Post's total revenue increased 1% in 2020.

Correos Carrier Intelligence Report

Updated

Strong growth in parcels and express demand was more than offset by the drop in mail revenue in 2020, resulting in a 14% drop in total revenue for Correos.

Correos de Chile Carrier Intelligence Report

Driven by a doubling of parcel volumes, Correos de Chile’s parcels revenue increased 25% in 2020, offsetting a sharp decline in mail revenue.

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

The COVID-19 pandemic, subsidiary sales in the prior year and continued e-substitution drove a 5% drop in total revenue in 2020.

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.

Deutsche Post DHL Group Carrier Intelligence Report

Domestic and international e-commerce growth supported improved performance for Deutsche Post DHL’s parcels and express divisions in 2020, driving 5% total revenue growth.

FedEx Carrier Intelligence Report

FedEx’s total revenue grew by more than a fifth in FY 2020, as the company benefitted from continued growth in its B2C parcels and express services.

Hellenic Post ELTA Carrier Intelligence Report

Driven by growth for its retail electricity sales service and an increase in other operating income, Hellenic Post saw total revenue increase 11% in 2019.

Hongkong Post Carrier Intelligence Report

A 29% drop in international air mail volumes was a key driver for the 13% drop in total revenue for Hongkong Post in 2019.

Iceland Post Carrier Intelligence Report

Updated

While parcels growth was sufficient to offset the decline in mail revenue in 2020, lower other income resulted in a 4% drop in total revenue for Iceland Post in 2020.

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

Steady growth for mail and parcel services was more than offset by a decline for financial, retail and logistics divisions for Japan Post in 2019.

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

Partnerships with Chinese e-retailers helped drive 21% growth in Latvian Post’s total revenue in 2017, with parcels revenue increasing almost 400% year on year.

Le Groupe La Poste Carrier Intelligence Report

Total revenue grew by a fifth in 2020, driven by the integration of new subsidiaries for GeoPost and La Banque Postale, as well as strong e-commerce parcels growth.

Lithuania Post Carrier Intelligence Report

Driven by a 54% increase in international revenue, Lithuania Post’s mail service revenue increased 19% in 2018.

Magyar Posta Carrier Intelligence Report

Growth for parcels and financial services offset a steady decline in mail revenue in 2019, supporting an 11% increase in total revenue for Magyar Posta.

New Zealand Post Carrier Intelligence Report

The COVID-19 pandemic drove strong e-commerce parcel growth for New Zealand Post but also a sharp drop in mail demand.

Posten Norge Carrier Intelligence Report

Strong parcels growth was offset by mail decline and the sale of logistics subsidiaries, resulting in a 1% drop in total revenue for 2020.

Omniva Carrier Intelligence Report

Strong growth for domestic parcels, partly offset by declines in transit services and mail volumes, drove 5% revenue growth for Omniva in 2020.

Österreichische Post Carrier Intelligence Report

Partnerships, acquisitions and domestic volume growth all drove a 43% increase in Österreichische Post’s parcels revenue in 2020.

PHLPost Carrier Intelligence Report

PHLPost’s total revenue grew 0.3% to €61.9m in 2017, with strong growth for retail and express services offset by declines for mail and logistics.

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

Driven by declines for mail and financial services, only partly offset by growth for parcels and express, Poczta Polska recorded a 5% drop in net sales in 2020.

Posta Slovenije Carrier Intelligence Report

Posta Slovenije’s revenue increased 6.4% in 2018 to €258m. The operator reported growth in mail, parcel and logistics revenue for the year, while financial and retail service revenue declined.

Poste Italiane Carrier Intelligence Report

Strong e-commerce-driven growth for the payments and parcels segments was more than offset by declines for mail, financial and insurance services in 2020, with total revenue dropping 4%.

Posti Group Corporation Carrier Intelligence Report

Acquisitions and strong growth for e-commerce and parcel services drove a steady increase in revenue for Posti in 2020.

PostNL Carrier Intelligence Report

E-commerce related services accounted for close to three fifths of PostNL’s revenue in 2020, driven by an almost 20% increase in parcel volumes and growing logistics demand.

PostNord Carrier Intelligence Report

Strong growth for parcels and logistics services drove a 3% increase in total revenue for 2020, offsetting declining demand for mail services across Denmark and Sweden.

POST Luxembourg Carrier Intelligence Report

Driven by higher parcel, logistics and telecoms demand, POST Luxembourg’s total revenue increased 0.6% in 2020.

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

After growing by more than a third in 2020, parcels and express services accounted for close to three quarters of group revenue for Royal Mail.

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

E-commerce-related services, which generate 65% of revenue, drove a 7% increase in total revenue for Singapore Post in 2020.

Slovenská pošta Carrier Intelligence Report

Slovenska Posta saw a sharp acceleration in revenue growth in 2019, driven by rate increases and parcel volume growth.

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

Strong growth in parcel volumes and revenue as a result of the COVID-19 pandemic and ongoing e-commerce growth were insufficient to offset declining revenue across all other sectors for Swiss Post in 2020.

Thailand Post Carrier Intelligence Report

Driven by a decline in document delivery demand, as well as adjustments to mail and parcel services, Thailand Post reported a 7% drop in total revenue in 2019.

UPS Carrier Intelligence Report

Driven by strong growth in B2C e-commerce volumes, as well as increased air cargo demand, UPS’ total revenue increased 14% in 2020.

United States Postal Service Carrier Intelligence Report

Pandemic-fuelled growth in e-commerce sales resulted in a 19% increase in parcels and express volumes for USPS in 2020.

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