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-0.000593336376083959 -0.000958466453674028 -0.00100410771337288 0.00278411684162489 0.00337745321770885 -0.000365130077590069 -0.000365130077590069 -0.000365130077590069
Stock impact report

Why the Canada Post strike is so futile [Toronto Globe and Mail (Ontario, Canada)]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Prime Minister Justin Trudeau hinted this week he might soon order an end to rotating strikes by 41,000 postal workers. But would anyone notice if he didn’t? That’s a question Canada Post Corp. and its striking workers might want to ponder. Story continues below advertisement The post office is less essential than ever in the age of e-commerce, online banking and instant messaging. The Crown corporation’s ever-shrinking monopoly mail business means most of what it does is readily available from private-sector rivals, giving Canadians plenty of options for delivering parcels and distributing advertising flyers. And a dwindling number of us rely on letters. Just look at Canada Post’s most recent quarterly financial report. Nearly 60 per cent of the $1.6-billion in revenue the post office generated in the three months ended June 30 came from non-letter activities, including direct marketing and its fast-growing parcel business. Parcels genera Show less Read more
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