Tag: TNT

TNT Post completes regional postal network through new London and Midlands offices

Posted by | May 1, 2008 | |

TNT Post completed its regional postal network, enabling even more local businesses UK wide to benefit from the deregulated postal market.

TNT Post’s newly launched London and Midlands offices will join TNT Post’s already established businesses in Scotland, the North and South West. This milestone achievement gives TNT Post complete UK postal coverage for SME’s and local businesses enabling the company to offer innovative, high quality and cost effective mailing solutions to businesses both large and small.

The accelerated growth has led to several new appointments and promotions to accommodate the regional expansion. Notably, Charles Neilson joins from TNT Post Doordrop Media to take on the role as divisional managing director for the regional network. Neilson will be responsible for developing the regional businesses to offer further expansion opportunity, particularly in the end-to-end and SME markets.

Last year TNT Post began a phased rollout of its new web-based letter service, TNT-it, to businesses in the North. With the Midlands region next to benefit from TNT-it, the service is designed for small businesses to send letters and documents straight from their PC to TNT Post’s print and fulfilment facilities. As TNT-it removes the need for users to print, fulfil and post documents, time and money are saved by the elimination of the need for businesses to resource stationery, franking machines, stamps and post collection. This allows businesses sending as few as one letter to benefit from the savings and efficiencies that the deregulated market has already made available to companies with larger post volumes.

Read More

TNT launches Australia’s first hybrid truck fleet

Posted by | May 1, 2008 | |

TNT Express Australia has become the first business in Australia to start operating a fleet of diesel-electric hybrid trucks as replacements for conventionally powered vehicles.

TNT has put 10 Hino Hybrid trucks into service as part of its commitment to achieving better environmental outcomes across all areas of its business – particularly the reduction of CO2 emissions.

Roger Corcoran, TNT Express Australia Managing, says the decision to adopt hybrid trucks is part of the company’s global commitment to reduce its total CO2 emissions.

Speaking at the official launch of the hybrid truck fleet in Sydney, Corcoran says the new vehicles will reduce TNT’s greenhouse gas emissions by an average of 1,600 kilograms of CO2 a year per vehicle.

He says the Hino Hybrid will emit 14 percent less carbon dioxide than a diesel-powered truck of equivalent size.

“In addition, the hybrid vehicle reduces emissions of nitrous oxides by almost half and harmful particulate matter by 98.9 per cent,” Corcoran says.

The introduction of hybrid vehicles is part of TNT’s commitment to reducing greenhouse emissions, according to Corcoran.

Under its code orange commitments, TNT has mandated across its business to buy operational vehicles with the highest environmental standards.

Read More

Spree of acquisitions on courier service market in Romania

Posted by | Apr 29, 2008 | |

The Romanian courier services market has seen several acquisitions since the beginning of the year that have introduced major players such as UPS and the French Post Office on the domestic market, while the German Post Office has strengthened its position, and the Austrians remain interested in the market. So what is in store for the courier services industry?

Domestic couriers had announced as early as two years ago that they planned to attract strategic investors or investment funds to further develop some businesses on one of the most dynamic markets in Romania

Still, the first deals were only clinched as late as at the beginning of the year. The spree of acquisitions started with the direct entrance of UPS in Romania, through the acquisition of Trans Courier Service, and continued with the biggest deal sealed so far on this market, the sale of Cargus to DHL.

While the German Post Office provider acquired Cargus to strengthen its presence on the market, the French Post Office in turn took over a company to enter the Romanian market. Thus, the courier service unit GeoPost and Turkey’s Yurtici Kargo took over 80% in Pegasus, in a deal ZF estimates at 6-9m euros.

Domestically, sale announcements also came from TCE Logistica and Curiero. While TCE representatives are preparing to start talks, Curiero has already reached an agreement with Asesoft for a 25 pct stake.

Smaller companies on the market, such as Sprint Courier, Concorde Courier, Alo Courier, Nemo Expres and Roexpres, are also likely to be the target of some acquisitions in the following period considering the large investments required to support growth and remain competitive.

In addition, a rising number of foreign shipping, courier and logistics companies are interested in the domestic market, which includes the Austrian Post Office.

Read More

TNT Express reorganises German regions

Posted by | Apr 28, 2008 | |

TNT Express has reorganised its German regions and reassigned responsibilities. Bernd Wietrychowski, regional director north until now, has assumed the newly created position of director of regions. Bernd Jacobsen succeeds him as regional director north.

Read More

TNT announces start of last tranche under its EUR 500 million share buyback programme

Posted by | Apr 28, 2008 | |

TNT announced the start of its third and last tranche under the EUR 500 million share buyback programme on 29 April 2008. This last tranche amounts up to EUR 200 million.

TNT announced the EUR 500 million share buyback program on 30 July 2007: on 4 January the first tranche of EUR 200 million and on 15 February the second tranche of EUR 100 million were completed.

TNT’s issued share capital currently consists of 379,224,255 ordinary shares. This number still includes the 11,034,904 shares repurchased as part of the above-mentioned tranches. These shares are cancelled following the decision of TNT’s AGM on 11 April 2008 once all necessary formalities have been fulfilled. TNT intends to cancel the shares to be acquired under this last tranche taking into account applicable regulations as stipulated by law and the articles of association.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest