Canada Post reports record loss of $385M as parcel revenues plunge

Strong Bearish -100.0
Canada Post is essentially insolvent and says it needs another cash infusion to survive in the midst of labor unrest and rapidly shrinking parcel business.
The post Canada Post reports record loss of $385M as parcel revenues plunge appeared first on FreightWaves.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.