Tag: TNT

TNT speeds up with mobile technology

Posted by | Nov 11, 2007 | |

The rollout of wearable mobile computers and scanners is paying dividends on the global mail company’s previous investment in tracking technology.
TNT has made significant improvements to its delivery services with the rollout of mobile computers.

TNT Express UK, which is the carrier’s largest division and its main business-to-business arm, has reduced vehicle loading time by 30 per cent and achieved on-time delivery rates of 98 per cent since rolling wearable computers and scanners out to its delivery drivers a year ago.

TNT Express looked to long-standing provider Motorola, to provide its MC9000 series for drivers to be able to operate the devices even when wearing gloves and has now implemented 2,750 devices for its UK van drivers, expanding to over 8,500 across the Europe, Middle East and Africa division. The UK TNT Express Specialist Services delivery team opted for 900 smaller, lighter MC70 devices.

TNT Express also wanted a scanner that left workers’ hands free, to optimise productivity and vehicle loading time. As a result, TNT played an integral part in the beta testing of the WT4000 wearable scanner. It is currently using 155 of these wearable mobile computers in the UK and has plans to implement a further 800.

TNT is now planning to implement further wearable mobile computers and MC9000s worldwide and is currently investigating how the use of radio frequency identification (RFID) technology can help its business.

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TNT Innight Austria wins Fiat spare parts contract

Posted by | Nov 10, 2007 | |

TNT Innight Austria, the overnight express company, has signed a contract with Fiat to provide night-time deliveries of time-sensitive shipments for the brands Fiat, Lancia, Alfa Romeo and Fiat Professionals.

Fiat Group Automobiles S.p.A. has recently relocated its spare parts centre for CEE countries including Austria, Czech Republic and Slovakia from Guntramsdorf in Austria to Bielsko Biala in Poland.

TNT Innight Austria said it is now responsible for daily transportation of the spare parts from the centre in Poland, situated 650 km from Vienna, to the regional distribution centres by the next morning from where the shipments are delivered on time to traders and authorized repair shops.

This procedure guarantees real-time delivery service and at the same time a low storage level at the trading companies. Additionally, TNT Innight also handles return shipments.

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TNT to leave German market?

Posted by | Nov 10, 2007 | |

TNT NV is mulling whether to turn its back on the German postal market, its Chief Financial Officer Peter Bakker said in a letter to German Chancellor Angela Merkel.

The letter was reported on Saturday by Dutch media, including Het Financieele Dagblad, and confirmed by a TNT spokesman.

Bakker told Merkel in the letter that he strongly opposes plans for high minimum wages and the beneficial tax status for Deutsche Post, a TNT spokesman said.

“If this situation becomes reality we will reconsider our position, which could include leaving the country,” Bakker was quoted as saying by the spokesman.

Dutch Prime Minister Jan Peter Balkenende and Finance Minister Wouter Bos also received a copy of the letter as well as Junior Economy Minister Frank Heemskerk, who is responsible within the government for postal liberalisation.

Investors have closely followed the liberalisation process in the Netherlands as it affects the Dutch mail business, one of TNT’s most profitable units.

The Dutch parliament had approved the new postal law, which is due to end TNT’s remaining monopoly in the Netherlands from January 2008.

It includes a emergency procedure that allows the Economy Ministery to delay the liberalisation if other European countries and particularly Germany do not fully liberalise their markets at the same time.

A spokesman for the Economy Ministry said he had not seen Bakker’s letter yet and that the government was still aiming to introduce the new postal law on Jan. 1 next year.

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TNT to start share repurchase program of up to EUR 200 million

Posted by | Nov 9, 2007 | |

TNT today announces it will start a share repurchase program of up to EUR200 million on Monday 12 November 2007, as a first tranche of the previously announced EUR500 million share buyback program.

This EUR200 million first tranche will be executed by ABN AMRO Bank NV. TNT intends to cancel the ordinary shares acquired through the repurchase program.
Given the share buyback value of up to EUR200 million, the maximum number of ordinary shares to be repurchased under this program will be around 7.3 million, calculated on the basis of the last trade prior to this announcement. The share buyback will start on 12 November 2007 and will end after 4 months unless, amongst other conditions, prior to such date:

– The aggregate value of shares acquired by TNT since the start of this buyback reaches EUR200 million;
– Ten percent of the outstanding ordinary shares have been repurchased, including any shares already held by the company.

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TNT appoints Thailand GM

Posted by | Nov 6, 2007 | |

TNT Express has appointed a new Thailand General Manager to press ahead with the company’s expansion, including a new depot north of Bangkok and the Good Morning Delivery at 10am service.

Alan Miu is assigned to boost the growth of TNT as the leading express-delivery service provider in Thailand.

He will also spearhead TNT’s ongoing project, the Asia Road Network, which it started more than two years ago. He will oversee the opening of another depot in Pathum Thani. The depot is under construction.

One of his priorities is Good Morning Delivery at 10am, which was launched here six weeks ago to complement existing TNT services at 9am and noon.

Hong Kong-born, but now a Singaporean, Miu is also in charge of TNT’s overall country strategy, operations, sales, and marketing and customer services.

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