Tag: TNT

Mex opens new branches in Spain

Posted by | Jan 29, 2007 | |

Spanish courier Mex has opened 14 new branches in the last two months as part of a major expansion drive across Spain, taking its total number of outlets to over 200.

The carrier, fifth in the Spanish express market behind DHL, Seur, MRW and TNT, according to the journal “Logística, Paquetería y Almacenaje”, opened five new agencies in Barcelona, four in Valencia and one each in Madrid, Seville, Zamora, Vizcaya and Tarragona. It now has 32 and 28 outlets, respectively, in the Barcelona and Madrid regions.

Mex totalled revenues of EUR 171 million in 2005, 16% up on the previous year and said it increased its number of new clients by 20%. It founded in 1982 as Mundiexpress, changing its name in 1996 to Grupo Mex as it launched franchises throughout the country.

The carrier has 1,650 employees, over 1,000 vehicles and small aircraft, and in December signed up for international deliveries with Sky Net, which in Spain ships out of Madrid, Barcelona and Valencia.

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Research and Markets: The UK Road Haulage Market

Posted by | Jan 29, 2007 | |

Research and Markets has announced the addition of Road Haulage Market Report 2006 to their offering.

The road haulage industry is a vital part of the UK’s freight-transportation system, although it is a mature market and one that has little real growth potential. This is demonstrated by the fact that, in 2005, the volume of goods lifted by road by GB-registered goods vehicles weighing over 3.5 tonnes in Great Britain increased by 0.1% to 1.75 billion tonnes, while the volume of goods moved by road increased by 0.3%, to 152.7 billion tonne kilometres.
The market consists of three main sectors: own-account distribution, contract distribution and shared-user distribution. Contract distribution and shared-user distribution are collectively known as public haulage or ‘hire and reward’ haulage. Contract distribution companies are often involved in the broader market for logistics or supply-chain management.
Advances in vehicle technology, such as improvements to fuel efficiency and the better reliability of new trucks, have contributed significantly to the developments made in the operational efficiency of the haulage companies. Also important has been the trend by the operators to develop strategies to improve the efficiency of their assets by, for example, improving vehicle utilisation through better planning of journeys.
Leading companies within the road haulage industry are under pressure from their customers to establish and develop global logistics networks. This demand has led to a spate of acquisitions and mergers among the leading companies, such as the acquisition of Exel PLC, the UK’s leading freight-distribution company, by Germany-based Deutsche Post, and the merger between haulier ACR Logistics and Kuehne + Nagel, another Germany-based logistics operator.

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Italy TNT Post generates 147 mln euro sales 2006

Posted by | Jan 26, 2007 | |

Italian private mail operator TNT Post, a subsidiary of Dutch mail and express deliveries group TNT NV, generated sales for 147 mln euro (USD189.9 mln) in 2006, up by 10.5 pct year-on-year.

TNT Post will target its sales to rise by over 20 pct year-on-year in 2007. The company renewed its cooperation agreement with Italian state-owned postal services company Poste Italiane.

TNT Post plans to focus its activity on direct marketing postal services and business postal services. The company plans to make new acquisitions in 2007.

[Editor’s note: TNT Post has acquired mail operator TWM Italia, specialised in distributing door-to-door or unaddressed advertising material, ANSA reported on May 17, 2006. Even before TWM Italia’s acquisition, TNT Post was one of the leading door-to-door distribution companies in Italy. The acquisition will allow TNT Post to double its share of the Italian market for door-to-door distribution which had an estimated value of some 250 mln euro (USD323 mln) for 2005.]

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TNT plans UK expansion

Posted by | Jan 25, 2007 | |

TNT NV said it is considering plans to intensify its challenge to the UK”s state-owned postal group Royal Mail as it declined to comment on speculation that it is planning a bid for Deutsche Post AG.

Chief Executive Peter Bakker said TNT is conducting pilot schemes in a number of UK cities to assess the financial viability of setting up “end-to-end” mail networks, which would enable TNT to deliver mail as well as collect and sort it.
Bakker told AFX News in an interview on the sidelines of the World Economic Forum in Davos that TNT is conducting experiments in Manchester and Glasgow to assess whether it can generate sufficient mail volumes to make end-to-end networks viable.
Meanwhile, the company refused to comment on speculation that it is interested in German logistics giant Deutsche Post AG.

Shares in the latter outperformed the market on Jan 18 amid the rumours, although one Frankfurt-based trader said he thinks the rumours are unrealistic because TNT is much smaller than Deutsche Post.
Bakker said, meanwhile, that TNT is undertaking a number of initiatives to try to reduce carbon emissions from its planes and trucks.

It is experimenting with biofuel-powered lorries in Amsterdam and with zero-emission electric trucks in the UK.

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TNT completes euro 1 billion share buy-back programme

Posted by | Jan 24, 2007 | |

Further to the share buy-back programme announced on 6 November 2006, TNT N.V. announces that:

on 18 January 2007, it purchased 361,000 TNT N.V. ordinary shares at an average price of euro 35.4013 per share,
on 19 January 2007, it purchased 225,000 TNT N.V. ordinary shares at an average price of euro 35.2250 per share,
on 22 January 2007, it purchased 209,000 TNT N.V. ordinary shares at an average price of euro 35.1995 per share,
on 23 January 2007, it purchased 32,809 TNT N.V. ordinary shares at an average price of euro 35.1530 per share,
during the period from 6 November 2006 until and including 23 January 2007, it purchased 30,947,707 TNT N.V. ordinary shares at an average price of euro 32.3126 per share, and

as the total amount of the share buyback until and including January 23, 2007 therefore amounts to the announced maximum of euro 1 billion, the share buy-back programme has been completed.
TNT’s issued share capital consists of 422,767,601 shares. This number includes 30,947,707 shares, repurchased as part of the buy-back programme, and one Special Share repurchased from the State, all of which TNT intends to cancel at the next shareholders’ meeting. Furthermore, it includes 2,856,091 million shares held to hedge employee share schemes. This leaves 388,963,802 million shares which are entitled to dividend per 24 January 2007.

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