Carrier Intelligence Reports

An Post Carrier Intelligence Report

A drop in mail volumes and revenue, in part driven by lower election income, offset steady growth for parcels and retail sectors, resulting in a 3% drop in total revenue for 2021.

Aramex Carrier Intelligence Report

A recovery in logistics demand and continued strong growth in parcels and express volumes drove a 10% increase in revenue for Aramex in 2021.

Australia Post Carrier Intelligence Report

Driven by strong e-commerce demand, Australia Post’s total revenue increased 10% in 2020, to reach €5bn.

bpost Carrier Intelligence Report

Revenue growth for all business segments except mail drove a 4% increase in total revenue for bpost in 2021.

Canada Post Carrier Intelligence Report

Improved performance for the logistics and advertising mail sectors, as well as continued growth for parcels, drove a 9% increase in revenue for Canada Post in 2021.

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

Correios Brasil saw its parcels and international volumes increase by more than 45% in 2021, driving total revenue up by almost a fifth.

CTT Portugal Post Carrier Intelligence Report

CTT Portugal Post reported growth across all business divisions in 2021, with the increase strongest for parcels and express. Total revenue increased 14% in the year.

Correo Argentino Carrier Intelligence Report

Lower postal service demand, including electoral services, drove a 33% drop in total revenue for Correo Argentino in 2020.

Correos Carrier Intelligence Report

Driven by domestic and international parcels growth, Correos saw its total revenue increase 8% in 2021.

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

Strong growth for parcels and logistics offset steady declines in mail and retail, resulting in stable revenue for Croatian Post in 2021.

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

B2C e-commerce demand, as well as greater demand for freight forwarding services drove a more than 20% increase in total revenue for Deutsche Post DHL in 2021.

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

The pandemic impacted all areas of Hellenic Post-ELTA’s business in 2020, driving a 24% decline in total revenue for the year.

Hongkong Post Carrier Intelligence Report

A slight drop in postal revenue was more than offset by growth for retail and other services, resulting in a 2% increase in total revenue for Hongkong Post in 2020.

Iceland Post Carrier Intelligence Report

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

Strong growth for Japan Post’s parcels and logistics services, stemming from the pandemic, was more than offset by declines in mail, retail and financial services in 2020.

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

A drop in parcels and express revenue, despite strong domestic express growth, drove a 2% decline in total revenue for Latvian Post in 2020.

Le Groupe La Poste Carrier Intelligence Report

Total revenue for Le Groupe La Poste increased steadily in 2021, driven by further strong growth for parcels and express services across Europe. Total revenue increased 1% in the year.

Lithuania Post Carrier Intelligence Report

Parcels and express, international transport and asset sales drove an 11% increase in total revenue for Lithuania Post in 2020.

Magyar Posta Carrier Intelligence Report

Strong growth in parcels and other revenue offset declines in mail and financial services for Magyar Posta in 2020, driving a 7% increase in total revenue.

New Zealand Post Carrier Intelligence Report

Growth for parcels and express services more than offset declines for mail and other services in 2020, driving a 3% increase in total revenue for New Zealand Post.

Posten Norge Carrier Intelligence Report

A decline in mail revenue was more than offset by e-commerce-led growth for parcels and logistics in 2021, driving a 3% increase in revenue for Posten Norge.

Omniva Carrier Intelligence Report

Omniva saw revenue growth accelerate to 10% in 2021, driven by domestic and regional parcels growth.

Österreichische Post Carrier Intelligence Report

Strong domestic parcels growth in the first half of the year, as well as inclusion of full-year results for subsidiary Aras Kargo drove a 16% increase in revenue for Österreichische Post in 2021.

PHLPost Carrier Intelligence Report

Lower demand for mail, parcel and financial services during the pandemic, particularly during lockdown periods, drove a 48% drop in revenue for PHLPost in 2020.

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

Driven by its acquisition of Intereuropa Group in late 2019, Posta Slovenije’s revenue grew by more than half in 2020 to €427m.

Poste Italiane Carrier Intelligence Report

Poste Italiane saw revenue growth for almost all business divisions in 2021, driving a more than 6% increase in total revenue for the year.

Posti Group Corporation Carrier Intelligence Report

Strong growth for regional logistics subsidiaries and parcel operations, driven by increased volume demand, led to 2% growth in total revenue for Posti in 2021.

PostNL Carrier Intelligence Report

Continued strong growth in parcels supported a more than 5% increase in total revenue for PostNL in 2021.

PostNord Carrier Intelligence Report

PostNord’s total revenue increased 4% in 2021, with demand for parcels and digital services offsetting a continued decline for mail services.

POST Luxembourg Carrier Intelligence Report

Steady growth for the telecoms division, as well as continued increases in volumes for parcels and logistics services, drove a 4% increase in revenue for POST Luxembourg in 2021.

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

Growth in mail revenue further improvements for international parcels subsidiary GLS drove a 1% increase in total revenue for Royal Mail in 2021.

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

Total revenue for Slovenska Posta dropped 3% in 2020, with declines in mail, retail and financial services offsetting growth for parcels and express.

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

Digital and logistics service acquisitions, improved performance for financial services and strong parcel volume growth drove a 5% increase in revenue for Swiss Post in 2021.

Thailand Post Carrier Intelligence Report

Thailand Post saw its total revenue drop 12% in 2020, driven by accelerated mail e-substitution and falling parcel volumes.

UPS Carrier Intelligence Report

A recovery in B2B demand for parcels and express, as well as strong growth for forwarding services, drove a 15% increase in revenue for UPS in 2021.

United States Postal Service Carrier Intelligence Report

Rate increases and continued growth in parcels and express volumes drove accelerated revenue growth for USPS in 2021.

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