TNT results lead to French transportation unit up for sale

Global mail, express and logistics provider TNT has released its second quarter results. The Mail division saw revenues grow. TNT’s Express division saw the best results overall. However the company’s logistics division experienced mixed fortunes. TNT continued to experience problems in the transportation unit of its French operation. It has now confirmed this course of action by officially placing the transportation unit (60percent of its French logistics business) up for sale.