Tag: TNT

Rivals fret as China Post unveils fast delivery bid

Foreign express freight operators on the mainland have voiced fair-play concerns over a new service launched by China Post to try to regain lost market share. China Post lost its monopoly under World Trade Organisation competition rules which allowed foreign companies access to the mainland market two years ago. China Post’s share of the burgeoning express delivery market has slumped from 97 per cent to under 40 per cent in the face of competition from DHL, FedEx, UPS and TNT. Now China Post is fighting back with a new all-night freight service between 136 cities in 27 provinces.

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TNT parent TPG ponders UK Hays DX bid

TPG, the Dutch postal operator which has embarked on a big expansion programme in Britain, is considering a bid for the DX mail business of Hays, the services group. The richly profitable Dutch group, which trades as TNT Mail in the UK, plans to challenge Deutsche Post to be Royal Mail’s biggest competitor.

Hays, which is transforming itself into a specialist recruitment business, said in June it would demerge DX by the end of this year in a move that could value the mail operation at GBP250m-GBP300m.

Former chief executive Colin Matthews said then that Hays had decided against selling DX but would consider a “credible and compelling” offer.

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TPG awarded contract to manage finished vehicle mixing center in USA

Mail, express and logistics company TPG N.V., through TNT Logistics North America has been awarded a contract to manage the operation of a national mixing center in Kansas City, USA for handling finished cars, trucks and other production passenger vehicles. The center, which is the largest of its kind anywhere in the country, receives finished vehicles from more than 20 Ford Motor Company manufacturing plants across the U.S. and Canada.

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TNT Network Logistics wins new HarperCollins contract

HarperCollins has renewed its distribution contract with TNT Network Logistics until the end of 2008.

The two companies have been working together since July 2001 when TNT Network Logistics took over the outbound distribution of palletised loads from the HarperCollins warehouse near Glasgow. The second phase included collecting inbound books from the printers in the UK and direct deliveries to HarperCollins’ customers in the UK.

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