Tag: TNT

TNT completes acquisition of Hoau

Posted by | Mar 14, 2007 | |

TNT announced today the completion of the acquisition of Hoau, the leading freight and parcels delivery company in China. Last week the government of the People’s Republic of China approved the transaction. Parties agreed not to disclose any further financial information.
Established in 1995, Hoau’s network includes 1,100 depots, 3,000 vehicles and 56 hubs in China covering all major and second-tier cities. Hoau currently has 12,000 employees.
TNT in China, established in 1988, has 25 wholly-owned operating branches and operationally covers more than 500 cities in Mainland China. TNT currently employs over 2,200 skilled professionals across its network and operates 3 fully-functioning international gateways in mainland China which includes Beijing, Shanghai, and Guangzhou.

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Chirac gets deal to safeguard universal post services

Posted by | Mar 9, 2007 | |

The commission wants to open postal markets to unrestricted competition, forcing E.U. nations to withdraw state support for national postal services.
Proposals put forward by the commission would have forced France to unwind its unlimited guarantee for all liabilities held by La Poste, which makes the company a low-risk borrower. The country’s 17,000 post offices would also have had to share the market with global mail carriers like TNT and Deutsche Post AG (DPW.XE), as well as express carriers like United Parcel Service Inc. (UPS) and FedEx Corp. (FDX).
France was one of the fiercest critics of the reforms, arguing the moves would crush La Poste and threaten services in small towns. Competitors would cherry pick the most profitable businesses, such as city deliveries, and neglect rural regions, it said.
The commission’s current proposal calls for prying opening the E.U. postal market by 2009.
While the E.U. heads of state and government Friday gave general backing to the commission’s plan, they shied away from endorsing the 2009 timeframe and kept open a wide window for France to keep protecting La Poste’s monopoly.
The leaders called for “further liberalization of the postal markets, while ensuring the financing of an efficient universal service.”

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TNT appoints Onno Boots as South East Asia’s Regional Managing Director

Posted by | Mar 6, 2007 | |

TNT Express has appointed Onno Boots as South East Asia’s Regional Managing Director. In this function he will report directly to James McCormac, Chief Operating Officer of TNT Express. His appointment marks TNT’s continued commitment to South East Asia and plans for further expansion in the region.
Prior to his appointment, Onno served as Director of Global Account Management (Worldwide) in Amsterdam. He has served TNT for 18 years in the company’s divisional headquarters in the Netherlands. Onno will be based at the TNT Asia regional office in Singapore, with 2,771 employees across the region under his charge.

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Royal Mail seeks new price deal to compete with TNT

Posted by | Mar 4, 2007 | |

The UK postal regulator is expected to meet Royal Mail executives in the coming weeks to discuss ways of easing the group’s financial troubles, The Observer reported.

Royal Mail’s interim profits have slumped to 22 mln stg from over 100 mln stg.

The Observer said PostComm officials will examine whether arrangements that allow rival distributors such as TNT and DHL to compete for bulk mail business should be altered to give Royal Mail more pricing flexibility.

Licensed operators that carry bulk mail from companies such as banks, utilities and government are allowed to use Royal Mail’s local delivery network for a charge of 13 pence an item currently, the report said.

PostComm figures show that in the first two years of competition from 2004, the Royal Mail’s market share fell by 3 pct, The Observer said. However, Royal Mail claims the figure has risen to more than 10 pct in the past year.

The report said the group wants to be allowed to lower prices to compete. It can do this, but it must also maintain the margin available to competitors.

Royal Mail told The Observer this allows rivals to continue to undercut its prices as their costs fall.

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Sandd strengthens position in Dutch market

Posted by | Feb 28, 2007 | |

On Feb. 20 Sandd, the second largest postal business in the Netherlands, behind TNT, announced a turnover growth in 2006 of almost 40% (Euro 68 million), when compared to 2005. From 80 distribution centres and with 10,500 staff, Sandd processed over 320 million items of post for approximately 1,500 customers. As a result its market share in the liberalised sector of the postal market has grown to 12%, representing a gain of 4% when compared to the previous year. Sandd saw its volume of delivered items grow from 230 million items in 2005 to 320 million in 2006.

For 2007 Sandd expects a further volume increase of 35% increasing its total volume to 430 million items of post. This will expand its market share to 16%. The expectation is that turnover in 2007 will finish up at around euro 85 million.

Sandd’s aim is to have a market share of 20-25% by 2011.

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