Australia Post builds on online shopping

Due to the ever growing popularity of online shopping the profit gap between Australia Post’s conventional letter service and parcel delivery business has widened more than ever before.

Chief executive Ahmed Fahour said,

“The period leading up to Christmas really highlighted a widening gulf in profitability of our letters business and our parcels business,”

“We delivered 3 million more parcels in December than we would in an ordinary month,”

You can read more over at smh.com.au

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