Tag: TNT

Polish parcel consolidation intensifies

Posted by | Jun 30, 2005 | |

At end-2004 there were 90 parcel delivery companies on the market, six times as many as in 1996. Their number grew by 32 last year, as 42 new companies started operations and 10 moved out of business. Estimating how much the market is worth is difficult, with estimates ranging between ZL1-2 billion. Different companies define their market share in different terms, and many believe the regulator, URTiP, should set a standard in this regard. The URTiP recently drew up a report about the postal services market for the infrastructure ministry, but the report, as containing commercially sensitive data, is confidential.

According to Rzeczpospolita, the largest company on the market last year was DHL, with sales of ZL596 million, up 22 percent on the previous year, and a market share of 36.8 percent. It was followed by Stolica (recently acquired by UPS), Z192 million, up 5 percent, a share of 11.9 percent, and TNT, ZL160 million, up 26 percent, a share of 9.9 percent.

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TNT not participating in sales process of Belgian Post

Posted by | Jun 24, 2005 | |

TNT today announces that it is not participating in the sales process launched by the Belgian Government to sell a minority stake in Belgian De Post/La Poste (‘DP/LP’). TNT has stated in the past that, under the right conditions it would be interested in a stake in the DP/LP. TNT has now stopped investigating the possibilities to enter into a partnership. TNT’s European mail expansion strategy focuses on stepping into attractive postal markets, by building up its own networks and by creating alliances with the incumbent postal operators.

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TNT/Royal Mail: GLS sale would suit both sides

Posted by | Jun 10, 2005 | |

TNT has expressed interest in acquiring Royal Mail’s European parcel unit GLS Holding, among other global targets, to expand its express delivery network and increase market share. Although Royal Mail has yet to make a comment, a possible sell-off could work well with the group’s plans for semi-privatization.

According to the German magazine WirtschaftsWoche, TNT may be planning a series of acquisitions, one of which could be Royal Mail’s subsidiary General Logistics Systems (GLS), CEO Peter Bakker said in an interview.

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TNT eyes acquisition in Asia, mulls takeover of Royal Mail’s GLS unit

Posted by | Jun 8, 2005 | |

TNT NV may soon acquire a shipping company in Asia to expand its network there and is interested in taking over Royal Mail Group PLC’s unit GLS Holding, German weekly magazine Wirtschafts Woche said in a report to be published tomorrow, citing chief executive Peter Bakker.

‘The US is UPS- and Fedex-land,’ Bakker told the magazine in an interview. ‘And whoever thinks, as Deutsche Post does, he can be profitable there with a 6-8 pct market share is wrong.’

Deutsche Post World Net AG’s package delivery arm DHL last month said it does not want to chase US market share from rival UPS and Federal Express and is reining in its ambitions in North America.

Bakker also said he can imagine taking over Royal Mail’s GLS unit as an independent parcel service, adding the company is ‘looking into every interesting opportunity for an acquisition’.

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