Parcelnet takes over TNT courier service (UK)

Parcelnet is to deliver an extra 12.5m parcels a year after acquiring Dutch-owned TNT’s courier service. Last year Parcelnet took over Redcats UK, a key player in the UK home shopping sector and says the latest acquisition will help strengthen Parcelnet’s network and expand it’s client base.

Parcelnet was formed in 2000 following the merger of Speedlink & Direct Line and already handled over 90 million parcel deliveries and returns collections annually. It has 3 sortation hubs, 16 regional depots and 135 sub-depots.

There are thought to be around 5500 self employed couriers working under the Parcelnet umbrella and the company now employs over 1200 people across the country.

Parcelnet is to deliver an extra 12.5m parcels a year after acquiring Dutch-owned TNT’s courier service. Last year Parcelnet took over Redcats UK, a key player in the UK home shopping sector and says the latest acquisition will help strengthen Parcelnet’s network and expand it’s client base.

Parcelnet was formed in 2000 following the merger of Speedlink & Direct Line and already handled over 90 million parcel deliveries and returns collections annually. It has 3 sortation hubs, 16 regional depots and 135 sub-depots.

There are thought to be around 5500 self employed couriers working under the Parcelnet umbrella and the company now employs over 1200 people across the country.