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!

The Bolloré Group and the CMA CGM Group announce the successful sale of Bolloré Logistics to CMA CGM
The Bolloré Group and the CMA CGM Group announce the successful sale of Bolloré Logistics to CMA CGM

CMA CGM completes Bolloré Logistics acquisition for 4.850 billion euros. This marks CMA CGM’s largest acquisition since its creation in 1978 and constitutes a major step in the group’s logistics development strategy.

PostNL reports Q4 & FY 2023 results

Parcel volumes rose by 0.9% in Q4 2023, with continued international growth. The Dutch postal group reported minimal revenue growth but higher profits in Q4 2023. Overall for 2023, revenue grew by 1% to €3,165 million, with normalized EBIT increasing by 10% to €92 million.

Poste Italiane: Q4 & FY-23 Preliminary Results
Poste Italiane: Q4 & FY-23 Preliminary Results

FY-23 revenues rose to €12.0bn, up 5.4%, driven by strong performances in payments and financial services. EBIT reached a record €2.62bn, while net profit surged 22.1% to €1.9bn. The Mail, Parcel & Distribution segment exceeded expectations, with revenues up 2.6% to €3.7bn.

UPS revenue tied to Amazon fell over 5% in 2023

UPS' revenue from Amazon declined to $10.7 billion in 2023, down 5.3% from the previous year, as part of UPS' intentional shift away from reliance on Amazon, focusing instead on capturing more profitable segments like small and medium-sized businesses and healthcare product shippers.

La Poste Groupe 2023 results
La Poste Groupe 2023 results

In 2023, La Poste Group achieved a 2.4% revenue increase to €34.1 billion, reflecting steady growth despite challenges. Operating profit surged to €1,680 million, marking a significant €1,055 million increase from last year. However, net profit experienced a notable 49% decline to €514 million.

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