Tag: TNT

Rivals deliver new blow to Royal Mail (UK)

Posted by | Oct 19, 2008 | |

Private postal companies are rapidly gaining ground on the Royal Mail in Scotland, with one firm tripling its business since the start of the year.

Figures to be released on Friday by TNT Post UK will show private operators have seized a large slice of the business delivery market over the past 12 months as more firms move away from the Royal Mail.

TNT Post will reveal it has tripled its business clients in Scotland to 300 since January.

It has also doubled the number of letters and packages it carries north of the border from 4.5m to nine million in the past 12 months.

The company says its services are proving particularly popular among Scotland’s army of small and medium-sized businesses which are looking to trim their costs.

The figures will make grim reading for the Royal Mail, which has faced mounting competition from firms such as TNT Post and DX since the UK postal market was liberalised in 2006.

TNT Post says it wants to launch a nationwide “end-to-end” service, where it will handle post at every stage, from pick up to delivery, but it is currently prevented from doing so because of unfair barriers in certain parts of the market.

Most private operators still pay the Royal Mail to deliver mail over the “final mile”.

Read More

Integrator shares rocked by financial sector turbulence

Posted by | Oct 17, 2008 | |

Shares of Deutsche Post World Net, TNT, UPS and FedEx have been hit dramatically in recent weeks by the turbulence in world financial markets but also by clear signs of a slowdown in the international express business. The outlook for the forthcoming weeks and months remains uncertain.

Since the start of September, TNT shares have fallen nearly 40pct, DPWN shares have dropped 37pct, FedEx shares are down 20pct and UPS has declined 19.5pct, according to CEP-Research analysis. Since the start of 2008, DPWN is down 57pct, TNT is down 44.9pct, UPS has fallen 25.3pct and FedEx has dropped 23.1pct.

“Integrator shares have clearly been impacted by the general slump on the world stock exchanges. But investors also appear nervous about how the economic slowdown will affect the express and parcel sector,” commented Mark Winkelmann, managing partner of ITA Consulting, the CEP-Research parent company. “There are certainly widespread indications of customers downtrading from expensive air express services to cheaper and slower economy products. It is unclear however whether this is a short-term or a longer-term trend.”

Read More

TNT trading statement

Posted by | Oct 16, 2008 | |

Trading conditions in TNT’s European Express business have significantly worsened in September and, based on the volume patterns in the first two weeks of October, TNT expects this pressure to continue in the fourth quarter.
Within a context of severe global volatility in financial markets, the recessionary trend in the economy in Europe has accelerated, causing the volumes in the premium International Express (air) product to decrease around 10pct. The Economy Express volumes (road) have continued to grow albeit well below levels of 2007.
In the Express Emerging platforms the growth and margins continued to develop in line with our outlook.
TNT’s Mail business is also developing according to the outlook, producing a robust operating income and cash flow for 2008.
TNT was able to refinance its capital requirements in August, ahead of the deepening of the financial crisis in September/October. Combined with the strong cash flow, this puts TNT on a solid financial footing going forward.
TNT will present an updated outlook for 2008 in its Q3 publication on October 27. The margins in the Express ‘’International & Domestic’’ line of business are currently expected to develop around a solid 9 pct for the full year, with somewhat lower revenue growth. No changes in other lines of the outlook are currently foreseen.

Read More

TNT wins Asia express logistics award

Posted by | Oct 15, 2008 | |

TNT Express was today recognised for its express logistics excellence in Asia Pacific at the annual SCMLogistics Excellence Awards held in Singapore.

TNT said that it gained the “Asia Pacific Express Logistics Excellence” award in recognition of its efforts in raising the bar of end-to-end supply chain and logistics standards in the Asia Pacific region. In particular, it recognised TNT’s success in increasing service levels, reducing costs and maximising lead times for its customers; offering a comprehensive end-to-end suite of solutions to customers; and spearheading logistics innovation. .

In addition, it has built up its Asia Road Network for regional overland transportation to link over 125 cities in Singapore, Malaysia, Thailand, Vietnam and China. Other measures include an enhanced Customer Contact Centre opened in July 2008 and the introduction of several RFID-based solutions, including its RFID-ready Life Sciences Express Hub in Singapore, its largest dedicated life science facility in the world.

Read More

TNT Post – Royal Mail's biggest rival (UK)

Posted by | Oct 14, 2008 | |

According to the latest annual Business Customer Survey from Postcomm, TNT Post has confirmed its market leading position in the deregulated postal market. The survey of 1800 businesses found that, of those surveyed, 38 per cent were aware of TNT Post’s services, beating its nearest rival by a considerable margin (DHL Global Mail – 24 per cent).

The survey also highlighted that TNT Post, which had the largest base of customers among the survey’s respondents, has seen growth across all types of mailing services such as sorted and unsorted solutions.

TNT Post, formerly TNT Mail, was established in early 2003 and signed its downstream access agreement in April 2004 and began operations in late August 2004. Since its launch, it has developed a number of products for customers including Premier, Premier Sort and PremierSort Flex. TNT Post is the second largest UK postal company and currently handles between 190 million to 200 million items a month.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest