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Mailpac considers new freight solution

Mailpac is looking at long-term solutions to freight lifting problems, as expenses increased in 2020 due to challenges in this area, the companyโ€™s executive chairman Khary Robinson has said. The company, nevertheless made record revenues of $1.7 billion at year-end December 2020 and a net profit of $442.72 million. This compares to three months net profit of $86.28 million in 2019 the period when operations of a restructured company began. Profit, it was noted, was 39.6 per cent ahead of IPO ...
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