Tag: Europe

TNT Express France is born

The Amsterdam (Netherlands) based courier,express parcel and logistics conglomerate TNT Post Group (TPG) has restructured its express mail division in France.
The two business units TNT International and Jet Services have been merged. and the TPG division TNT Express now operates under the name TNT Express France. This business unit is
present at 130 locations across France. It has over 3000 vehicles at its disposal, which carry approximately 350,000 parcels and express shipments per week. The combined companies have a workforce of 4000.

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TNT invests in new sorting centre

TNT Express, which claims to be Britain’s leading business to business express delivery company, yesterday announced that it had invested over pounds 4 million in a parcel and document sorting centre at Lount in Leicestershire. Situated on a 12.5 acre site near the M1 and the M42, the complex was previously occupied by parcel carrier Panic Link which went into receivership last June. TNT said its investment would create over 200 new jobs for people in the East Midlands over the next two years and further strengthen its nationwide next-day hub and spoke delivery network.

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Business Post customer goes into administration owing £.3m

Business Post, one of the UK’s leading express parcel delivery companies, announces that it learnt yesterday that O.T.Computers Limited (trading as Tiny Computers) went into administration on 29 January 2002. O.T Computers Limited on an annualised basis accounted for approximately 3% of Business Post’s turnover, and the amount owed to Business Post is estimated to be approximately #0.3 million (net of credit insurance).

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Administrator called in to City Logistics

Administrators have been appointed for City Logistics Ltd, City Truck Group Ltd, City Truck Rental Ltd, City Trucks Ltd and City Truck Group Services Ltd following orders granted by the High Court on 10 January.

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