Japan helps Myanmar set up 250 revenue-generating postboxes

Jun 28, 2017

Japan helps Myanmar set up 250 revenue-generating postboxes

Myanmar will get help from Japan to replace postboxes in three major cities with new designs that offer advertisement space to reform the nation's aging postal system. The project, which will also help finance the cost of building the new units, covers a total of ...

Japan Post raises mail rates for first time in 23 years

/ Jun 1, 2017

Japan Post raises mail rates for first time in 23 years

Japan Post, a unit of Japan Post Holdings, raised mail rates Thursday in the first full-fledged hikes since January 1994, excluding markups on consumption tax increases. The rate for standard postcards has been increased by ¥10 to ¥62. Rates for other items, such as envelopes ...

/ Apr 20, 2017

Japan Post could post giant loss on Toll Holdings acquisition

Japan Post Holdings might post impairment losses worth hundreds of billions of yen for fiscal 2016 related to its 2015 acquisition of an Australian logistics firm, sources said. Toll Holdings is reeling from declining parcel volumes sparked by a drop in Australia's natural resource prices, ...

Home delivery firms strain under e-commerce load

Apr 16, 2017

Home delivery firms strain under e-commerce load

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Amanda used to work part-time for major delivery firm Yamato Transport Co., helping out during Japan's busy traditional gift-sending seasons in summer and winter. But not anymore. "It was just too hard," she said. "Drivers are not robots. They are human beings. But people don't understand," the ...