TNT’s profits fall
TNT’s quarterly core profit fell 45%, its fourth consecutive year-on-year decline, and the Dutch mail company boosted its cost savings target to cope with weaker demand for delivery services, report Reuters.
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TNT expand Vietnam operation
TNT opened its expanded and re-modelled international and domestic operations centre in Ho Chi Minh City on 23 July.
Read MoreTNT steps up service to Balikpapan in Indonesia
TNT is expanding its services in Indonesia’s East Kalimantan with the operation of a Boeing 737-300 leased cargo freighter flying from Singapore to Balikpapan, report Cargo News Asia.
Read MoreDeutsche Post targeted by TNT Germany
The German arm of TNT is joining forces with regional press groups in an attempt to quell Deutsche Post’s domination of the distribution market, a company executive has said.
Read MoreTNT India help Cyclone Aila victims
TNT India has initiated relief activities immediately after Cyclone Aila hit the shores, and is coordinating the medical support for three refugee camps.
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