Parcel Delivery Digest: latest insights of the parcel delivery industry

Welcome to Kardinal’s Parcel Delivery Digest, a weekly news digest about last mile delivery industry from various sources.

To read the articles, click on the images. Enjoy your reading!

Geopost's 2024 Annual Results
Geopost's 2024 Annual Results

Geopost parcel volumes rose 2.3% in 2024 to 2.1 billion. Out-of-Home volumes grew 25%, supported by 128,000 Pickup points. Intra-European deliveries increased 6.7%, with strong food segment growth. Sustainability cut GHG emissions 5.4%.

PostNord to discontinue handling mail in Denmark in 2026 – focusing exclusively on parcels
PostNord to discontinue handling mail in Denmark in 2026 – focusing exclusively on parcels

PostNord will end letter deliveries in Denmark by 2026, focusing solely on parcels. Letter volumes have fallen 90% since 2000, and a new Postal Act ended its universal service role.

DHL Group: Strong fourth quarter with revenue and earnings growth
DHL Group: Strong fourth quarter with revenue and earnings growth

DHL Group's 2024 revenue rose 3% to €84.2bn, with EBIT at €5.9bn and FCF at €3bn. Q4 saw 6.4% revenue and 12.9% EBIT growth. The company announced a €2bn share buyback extension, a €1.85 dividend proposal, and a €1bn cost reduction plan, including 8,000 job cuts in Germany.

USPS to adjust delivery standards for network efficiency
USPS to adjust delivery standards for network efficiency

The U.S. Postal Service will end afternoon collections at many post offices starting April 1, delaying some first-class mail. The changes aim to reduce inefficiency, save $3.6 billion annually, and improve service reliability, despite concerns from the Postal Regulatory Commission.

FedEx Network 2.0 consolidation spreads to 8 more locations
FedEx Network 2.0 consolidation spreads to 8 more locations

FedEx is closing six more ship centers and reducing staff at two facilities across Tennessee, Illinois, Virginia, and West Virginia as part of its Network 2.0 initiative, aimed at streamlining operations and boosting efficiency by merging its Express and Ground networks.

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