TNT targets GLS
TNT is demanding control of the Royal Mail’s profitable European parcels delivery arm as part of a multi-billion pound proposal made to the British government, The Sunday Telegraph newspaper has reported.
Read MoreTNT is demanding control of the Royal Mail’s profitable European parcels delivery arm as part of a multi-billion pound proposal made to the British government, The Sunday Telegraph newspaper has reported.
Read MoreAs the global recession kept up the pressure on express and mail volumes, TNT saw revenue decline 10.2% in the first quarter to $3.3bn.
Read MoreMembers of the second-biggest postal workers union, the BVPP, have rejected a new pay deal which would have led to a cut in pay in return for job security.
Read MoreTNT said on 8 April it expected its key express delivery unit to post a positive operating income in the first quarter and said it was still eying a deal with Britain’s Royal Mail.
Read MoreNight Star Express announced a 10% increase to their shipment volume for 2008.
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