Good day,
Purolator, the courier and less-than-truckload subsidiary of Canada Post, had a decent first quarter – all things considered.
Revenue grew by 5.1% to C$457 million (about $331 million) year-over-year, while net profit dropped by 5.9% to C$8 million. Canada Post reported those numbers as part of its first-quarter financial report, which was released on March 25.
Purolator also performed much better than Canada Post as a whole. The government-owned postal carrier, which owns more than 90%...
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