Tag: Europe

TPG’s Annual General meeting of shareholders held in Amsterdam

Posted by | Apr 7, 2005 | |

The Annual General Meeting of Shareholders approved today the statutory name change of TPG NV into TNT NV. As a result of the reference to the shares of the group, listed on the Amsterdam, New York, London and Frankfurt stock exchanges, will be TNT. The AGM re-appointed Mr JHM Hommen as member of the Supervisory Board. Following the announcement on 24 March 2005, Mr Hommen has succeeded Mr M Tabaksblat as chairman of the Supervisory Board at the closing of the AGM. The AGM appointed Mrs G Monnas and Mr S Levy as new members of the Supervisory Board. TNT also launched its new corporate website at www.tnt.com/group to reflect the name change.

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Consolidation gains momentum in Europe’s Express and Parcels market

Posted by | Apr 7, 2005 | |

The latest findings to emerge from independent market analyst Datamonitor’s (DTM.L) “European Express Benchmarking 2004,” research reveals that the European* 34 billion Euro express market is consolidating. The top 6 players in the industry account for over 50% of these revenues compared to 2001, when they accounted for 44% of the market value and 47% of that in 2002. “The European express industry forms one of the fastest growing segments in the transportation business. Industry consolidation has continued apace as express and parcel delivery companies merge, make acquisitions and form strategic alliances in order to gain scale and enhance their capabilities. 2005 promises new opportunities for these companies with the expansion of the EU. Europe’s fast moving express industry proves difficult to keep track of and the players must be aware of competitors’ operations, changes within the industry and opportunities,” says Emilio Pedrinaci, courier and express analyst at Datamonitor.

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Deutsche Post cancels legal action

Posted by | Apr 6, 2005 | |

In a surprise move, Deutsche Post has cancelled its legal action against the private mail service Turbo P.O.S.T. GmbH concerning the use of the term “post”. The post wanted to obtain a court order banning the private operator from trading under the name “post”.

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UK TNT Mail appoints operations director and head of sales

Posted by | Apr 6, 2005 | |

TNT Mail, one of the challengers to Royal Mail, has appointed an operations director from its Dutch arm and a new head of sales from Express Dairies. Theo Hoenders will be responsible for developing TNT Mail’s ongoing operational strategy including its UK downstream access and end-to-end delivery capability, as postal operators prepare for the deregulation of the market in January 2006.
Joining the company as head of sales is Andy Goddard, who has previously worked at Royal Mail and Express Dairies.

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Business Post is delivering earlier

Posted by | Apr 6, 2005 | |

Business Post’s letter delivery division, which competes with Royal Mail in the partially liberalised UK postal market, is set to break even during its first year of trading, ahead of expectations. UK Mail is handling the equivalent of 250 million items a year following its launch last May and has almost 1 per cent of the market, Business Post said in a trading update. The service was set up by Business Post after Postcomm, the industry regulator, gave companies the right to enter the letters delivery market in 2003. The division’s progress will enable it to break even for the year to March 31, instead of incurring a small loss as previously expected.

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