Tag: TNT

Geber firm ‘working on possible deal’ to buy TNT

Posted by | Nov 10, 2005 | |

TNT was yesterday the subject of renewed takeover speculation after a German private equity investor said he was trying to form a consortium to bid for the company. Cornelius Geber told the FT: “I can confirm that through my [private equity] company, CG Beteiligungs AG, we are currently working on a possible deal [to buy TNT].” He said he was in talks with at least two financial investors and at least two strategic buyers, which had expressed interest in a joint approach for TNT. “We have not yet decided who to go with,” he said, adding that his plan was at an early stage.

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TNT links China to Europe with two Boeing 747-400ERFs

Posted by | Oct 31, 2005 | |

TNT N.V. today announced that its Express Division will lease two B747-400ERF freighters to start up a new direct service between Europe and China in 2006.
The 100 tonnes capacity aircraft will be leased for a period of ten years from the US-based aircraft leasing company Guggenheim Aviation Partners and will provide TNT with its own dedicated capacity between China and Europe. Two years ago, TNT successfully launched its Integrated Direct Express (IDE) service between China and Europe in response to the rapid growth of its global high-tech client base. And TNT is now able to offer its clients up to 1,000 to 1,250 tonne of dedicated controlled air linehaul capacity per week, connecting TNT’s European hub with the main gateways in China.

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Japan Post and TNT join forces

Posted by | Oct 31, 2005 | |

Japan Post and TNT NV announce today that they will enter into a strategic co-operation, aimed at jointly realising a leading position in the Asia Pacific express and logistics market. The co-operation will build on the strengths of TNT’s global network and Japan Post’s strong domestic position and reputation.
The first steps of the co-operation include the launch of co-branded international premium express products to customers in Japan. For this purpose Japan Post and TNT will establish a joint venture. This JV is based on the current international express activities of TNT to and from Japan and Japan Post’s domestic presence as well as its strong relationships with Japanese corporations. Starting from this joint effort, both parties aim to enlarge and strengthen this co-operation in the Asia Pacific region as a next step.

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TNT announces Q3 2005 results

Posted by | Oct 31, 2005 | |

TNT reports revenues increase of 9%, operating income up 37% in Express and earnings per share 5% higher. CEO Peter Bakker commented “I continue to be pleased with the good progress of Express, which hit another record third quarter margin. Mail delivered as expected with solid execution of the masterplans, which have now brought us almost EUR200 million of cumulative savings, and European Mail Networks achieved a revenue growth of 34% this quarter. In Logistics, we moved ahead with the refocusing of our French operations, and have received offers for large parts of this business. In the rest of Logistics, partly resulting from an unexpected law change in Italy, margin pressure remained, although we did see some positive signs in business development.”

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UPS thinks outside the delivery box

Posted by | Oct 20, 2005 | |

‘WHAT can brown do for you?’ is not a marketing slogan that would work well in Europe. The Dutch journalist sitting next to me bursts into laughter when the idea is suggested during an interview with Kurt Kuehn, one of UPS’s senior vice presidents at the delivery giant’s boardroom set in leafy suburban Atlanta.

“Imagine how it would sound in German,” he says, hinting that a US company proudly advertising how its staff wear brown shirts would not go down well in a country where the colour brown has become almost taboo.

Fortunately, UPS is not that naive. Kuehn says it has never tried to export the slogan, which works well in the US where the company is known as “Big Brown” and the public has grown fond of its brown vans, which deliver packages to front doors across the country.

Corporate messaging does not, however, appear to be one of UPS’s many strengths. Its senior executives find it hard to hide their envy and disdain for rivals that use marketing to raise their profile.

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