Tag: TNT

TNT Express wins VOLVO Dubai Contract

Posted by | Aug 3, 2006 | |

TNT Express – the world’s leading B2B express delivery company – has unveiled a two-year contract with Volvo for transportation services from the automobile giant’s newly-built Regional Parts Distribution Centre (RPDC) in Dubai.

The distribution centre makes spare parts available to dealers of Volvo trucks, Mack trucks, Renault trucks, Volvo Construction Equipment and Volvo buses in 17 countries throughout the Middle East and Africa.

The link-up will see TNT responsible for transporting more than 1.1 million kilograms of spare parts annually from the Volvo RPDC, of which 90% will be moved through the company’s strategic Middle East Road Network (MERN).

“Key reasons for TNT’s success are its ability to meet and exceed Volvo’s transit time requirements and in offering competitive rates in the high volume trade lanes across the region,” said Darryl Regan, Regional Director for India, Middle East and Africa (IMEA).

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TNT Express launches consumer parcel service in France

Posted by | Aug 1, 2006 | |

TNT Express has launched a consumer parcel delivery service in France designed to profit from increasing e-commerce sales in the country. The new service responds to an increasing demand for reliable, rapid and efficient deliveries of goods purchased on the internet, the company said in a statment.

TNT Express France now offers a choice of home delivery or drop-off at the closest ”Relais Colis” parcel collection point to the consumer’s home. There are 3,800 such collection points across France that are being used by TNT under a cooperation agreement.

The Dutch-owned express operator offers three delivery solutions: direct delivery, with a second attempt the following day, direct delivery, with delivery to a Relais Colis if the recipient is absent, or delivery directly to a Relais Colis.

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Explosive rise of TNT gives Royal Mail a run for its business market

Posted by | Aug 1, 2006 | |

TNT, the Dutch-based parcels and mail group, is poised to increase its challenge to Royal Mail with extended mail and parcels services in its GBP100m-a-year UK business, moving closer to the day when it has its own postmen on the streets.
End-to-end business delivery services are being extended to more major cities after successful trials in Glasgow and Manchester. The acquisition of the parcels deliverer JD Williams – with 2,000 couriers – also provides a platform for growth.
Peter Bakker, chief executive at TNT, revealed the plans after announcing an acceleration in second quarter operating profits, raising full-year expectations.
TNT expects to collect and sort 1.2bn items of mail in Britain this year, mainly for banks and utilities. At present, Royal Mail handles final delivery but the two city trials have encouraged TNT to offer more end-to-end services to business clients.

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TNT plans to ditch logistics operation

Posted by | Aug 1, 2006 | |

Mail firm TNT has said it expects to sell its underper-forming logistics business in the third quarter.

The news came as the firm reported a 10.7 per cent rise in second-quarter operating profit.

Second-quarter earnings before interest and tax rose to pounds 233.6 million from pounds 211 million the year before, above a median forecast of pounds 222.6 million in a poll of 12 analysts.

Revenue rose 5.8 per cent to pounds 1.81 billion, after sales rose in all business segments.

Chief executive Peter Bakker said: “I am very satisfied with our strong performance in Q2 and the first half of 2006. Our ‘Focus on Networks’ strategy is delivering strong growth and record margins in Express, and robust performance in Mail.

“Based on the strong start to the year, I am pleased that we can upgrade our outlook for 2006. Also, the signing of the Logistics divestment should take place before the end of the third quarter. All-in-all, 2006 is expected to be a strong year for TNT.”

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TNT considers selling off unit Freight Management

Posted by | Aug 1, 2006 | |

TNT, the Dutch post group, said yesterday it might sell its freight management activities, in addition to the contract logistics business that a private equity group is close to buying.

The future of the former Wilson business – a Nordic freight forwarding company bought for Euros 257m (Dollars 328m) two years ago – is dependent on synergies with TNT’s express division.

It has been run as partof TNT’s logistics arm, offering air and sea transport as part of supply chain management.

But the decision to sell logistics – where margins have failed to meet expectations – meant the global freight management unit needed to be combined with express activities, which operate on a regional basis.

Linking them and finding savings might therefore prove difficult, said Peter Bakker, TNT chief executive.

He said TNT would publish the result of analysis to determine the potential for synergies in the current quarter. “If that (process) is not successful, then other scenarios open up,” Mr Bakker said, adding that these included selling the business.

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