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Canada Post Segment Posts $270 Mln Loss For 2018

Thursday, 18 Apr 2019 11:21am EDT

April 18 (Reuters) - Canada Post Corp [RIC:RIC:CANPT.UL]::CANADA POST SEGMENT POSTS $270 MILLION LOSS FOR 2018.CANADA POST - IN 2018, RESOLVING PAY EQUITY COST AN ESTIMATED $420 MILLION, OF WHICH $280 MILLION RELATED TO PREVIOUS YEARS.CANADA POST - GOING FORWARD, ESTIMATES PAY EQUITY CHANGES WILL COST $140 MILLION A YEAR.CANADA POST - SEVERAL MONTHS OF NEGOTIATIONS WITH CUPW TOWARD NEW COLLECTIVE AGREEMENTS CREATED UNCERTAINTY FOR CUSTOMERS, WHO FOUND ALTERNATIVES.CANADA POST - CANADA POST'S 2018 REVENUE FROM ITS PARCELS BUSINESS GREW SIGNIFICANTLY IN 2018, AND EXCEEDED $2.5 BILLION.CANADA POST - CUSTOMERS FINDING ALTERNATIVES TO USING CO REDUCED VOLUMES IN Q4 AND CREATED AN ESTIMATED REVENUE SHORTFALL OF $195 MILLION.CANADA POST - IN 2018, CANADA POST GROUP OF COMPANIES REPORTED A LOSS BEFORE TAX OF $110 MILLION.CANADA POST - IN 2018, TOTAL PARCELS VOLUMES INCREASED BY 21.7 PERCENT, WHILE DOMESTIC PARCELS VOLUMES GREW BY 10.9 PERCENT, COMPARED TO 2017.

Xiamen ITG's 2018 Net Profit Up 7.96 Pct, To Issue Bonds Worth Up To 8.5 Bln Yuan

Thursday, 18 Apr 2019 07:58am EDT

April 18 (Reuters) - Xiamen ITG Group Corp Ltd <600755.SS>::SAYS 2018 NET PROFIT UP 7.96 PERCENT Y/Y AT 2.19 BILLION YUAN ($326.73 million).SAYS IT PLANS TO ISSUE BONDS WORTH UP TO 8.5 BILLION YUAN.

Patel Integrated Logistics Approves Resignation Of Non Executive Chairman

Thursday, 18 Apr 2019 07:19am EDT

April 18 (Reuters) - Patel Integrated Logistics Ltd ::APPROVED RESIGNATION OF ASGAR S. PATEL AS NON EXECUTIVE CHAIRMAN.APPROVED SALE OF SURFACE TRANSPORT BUSINESS.DEAL VALUE FOR SALE IS 385 MILLION RUPEES.

Til Logistics Group Says Greg Kern Sold Down His 5% Shareholding In Co

Wednesday, 17 Apr 2019 08:50pm EDT

April 18 (Reuters) - TIL Logistics Group Ltd ::GREG KERN SOLD DOWN HIS 5% SHAREHOLDING IN CO & STEPPED DOWN AS NON-EXECUTIVE DIRECTOR.

Kerry Logistics Network Appoints Kuok Khoon Hua As Chairman

Friday, 12 Apr 2019 04:54am EDT

April 12 (Reuters) - Kerry Logistics Network Ltd <0636.HK>::KUOK KHOON HUA APPOINTED AS CHAIRMAN.YEO GEORGE YONGBOON TO RETIRE AS CHAIRMAN AND EXECUTIVE DIRECTOR.

Hershey Co Nominates New Independent Director For Election To Co's Board

Thursday, 11 Apr 2019 08:55am EDT

April 11 (Reuters) - Hershey Co ::HERSHEY NOMINATES NEW INDEPENDENT DIRECTOR FOR ELECTION TO COMPANY BOARD.HERSHEY CO - ALSO NOMINATED CURRENT CHAIRMAN AND ALL OTHER CURRENT MEMBERS OF BOARD FOR RE-ELECTION.HERSHEY CO - FOLLOWING ELECTIONS, HERSHEY BOARD WILL BE COMPRISED OF 12 MEMBERS, OF WHICH 11 WILL BE INDEPENDENT DIRECTORS..HERSHEY CO - NOMINATED JUAN R. PEREZ, CHIEF INFORMATION AND ENGINEERING OFFICER, UNITED PARCEL SERVICE, INC., FOR ELECTION TO BOARD.

Santova Announces Acquisition Of MLG Maritime Cargo Logistics GMBH

Wednesday, 10 Apr 2019 07:00am EDT

April 10 (Reuters) - Santova Ltd ::ACQUISITION OF MLG MARITIME CARGO LOGISTICS GMBH GERMANY.ACQUIRED 100% OF MLG MARITIME CARGO LOGISTICS GMBH FOR AN AMOUNT OF EURO 1.9 MILLION WITH EFFECT MARCH 1.PURCHASE PRICE WILL BE FUNDED THROUGH GROUP'S R75 MILLION MEDIUM TERM ACQUISITION LOAN FACILITY.

Panalpina Proposes That No Dividend Be Paid In 2019

Wednesday, 10 Apr 2019 01:00am EDT

April 10 (Reuters) - PANALPINA WELTTRANSPORT HOLDING AG ::PANALPINA'S BOD ANNOUNCES PROPOSALS RELATED TO AGM.PROPOSES TO ELECT THOMAS E. KERN AS CHAIRMAN OF BOARD AT UPCOMING ANNUAL GENERAL MEETING ON MAY 9, 2019.PROPOSES THAT NO DIVIDEND BE PAID OUT TO SHAREHOLDERS IN 2019.

DSV aims to lift Panalpina margins - CEO

Monday, 1 Apr 2019 02:00am EDT

April 1 (Reuters) - DSV ::CEO SAYS DO NOT SEE ANYTHING THAT COULD MAKE COMPETITION AUTHORITIES BLOCK PANALPINA DEAL.CEO SAYS AIMS TO LIFT THE MARGINS OF THE COMBINED COMPANY TOWARDS THE LEVEL OF THE EXISTING DSV BUSINESS.CEO SAYS EXPECTS IT WILL TAKE AROUND TWO TO THREE YEARS TO INTEGRATE PANALPINA INTO DSV.CEO SAYS EXPECTS THAT THE TOTAL NUMBER OF EMPLOYEES WILL GROW LONG TERM IN THE COMBINED COMPANY.

China Ocean Fishing Holdings To Buy 52 Pct Stake In Shenzhen Mingren Frozen Fresh Water Products

Friday, 29 Mar 2019 10:17am EDT

March 29 (Reuters) - China Ocean Fishing Holdings Ltd <8047.HK>::CHINA OCEAN FISHING HOLDINGS ANNOUNCES ACQUISITION OF 52 PERCENT STAKE IN SHENZHEN MINGREN FROZEN FRESH WATER PRODUCTS CO FOR RMB5.2 MILLION.

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