Tag: TNT

TNT to expand in Poland

Posted by | Aug 27, 2008 | |

TNT Express plans to expand in Poland by opening five new facilities this year, with the latest new depot to open in Nowy Sacz, in southern Poland in September, the newspaper Rzeczpospolita reported.

Rafal Dziura, Sales and Marketing Director of TNT Poland, said the company plans to grow its operations in Poland by up to 2 pct per year, aware that any more dynamic growth might threaten the quality of its services. “Poland is now not only a target country, but a transit point for the East, and it will stay that way,” he said.

According to the newspaper, TNT has a 40 pct stake in the international courier market in Poland, and a 4 pct-5 pct stake in the domestic courier market which is growing faster than the international segment.

TNT Express also wants to concentrate on the newly opened road link with Ukraine. The international road connection was launched earlier this year to handle growing shipping volumes to and from the Ukraine, one of Europe’s fastest-growing economies.

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TNT sees growth in video conferencing

Posted by | Aug 27, 2008 | |

Reducing carbon footprint, a new priority for multinationals, is no easy task for TNT, which operates 47 aircraft and more than 26,000 trucks to move an average of 4.4 million parcels, documents, and pieces of freight each week.
There is not much that can be done to cut back on that traffic, so TNT is instead urging employees to reduce carbon dioxide emissions under a program called Planet Me. A big part of Planet Me is a drive to reduce business travel and use videoconferences instead. TNT estimates the CO2 savings from videoconferencing alone to be 2.6 kilotons a year for the next four years, or a total of 10.5 kilotons.
The embracing of videoconferencing by TNT is part of a larger trend. The worldwide videoconferencing systems and services market, which reached USD 1.63 billion in 2007, is expected to grow to USD 4.2 billion by 2012, according to technology consultancy Frost & Sullivan, as more companies try to become greener and cut costs.
Few companies are benefiting as much as Norwegian videoconferencing equipment maker Tandberg, which counts TNT as one of its customers. The company, which has dual headquarters in Oslo and New York, leads the industry in revenue with 40 pct of the global videoconferencing market, says Frost & Sullivan. The U.S.’s Polycom is market leader in number of units shipped. Together, Tandberg and Polycom control about 70 pct of the market for videoconferencing devices and infrastructure, selling against and sometimes cooperating with Hewlett-Packard and Cisco, both of which make high-end videoconferencing systems.

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TNT opens key network link in Vietnam’s hi-tech hub

Posted by | Aug 25, 2008 | |

The new facility is part of a EUR 1 million investment in developments in the city, which includes TNT’s new Hanoi office due to open in the fourth quarter of this year.
Onno Boots, regional managing director, TNT Southeast Asia, said: “As Vietnam is strategically located as the link between China and Southeast Asia on our Asia Road Network, the completion of the TNT International & Domestic Operations Centre, North in Hanoi is an integral part of TNT’s growth strategy in the region.”
He added that more than 40 pct of volumes to and from TNT Vietnam will pass through the new centre, and growth is expected to be in the high double-digit range for the next five years as it facilitates seamless integration between TNT’s air and road networks.
Shipments passing through Vietnam will be consolidated and processed at the TNT International & Domestic Operations Centre in Hanoi before making its way northwards to China and southwards to Singapore via the Asia Road Network for subsequent airlift to Europe and China respectively, using TNT’s Boeing 747-400 ERF that flies between Singapore, Shanghai and Liege three times a week.
Boots said that the new facility gives TNT the capacity to handle four times its current load of both international and domestic freight under one roof while leveraging the Asia Road Network.
This is the third facility to be opened within three months, following TNT’s new international & domestic road hub in Bangkok, Thailand and the Singapore Country Depot.

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TNT hits highest in six months after UPS bid report

Posted by | Aug 22, 2008 | |

TNT NV rose to the highest in almost six months in Amsterdam on a report that United Parcel Service Inc. may bid for the Dutch company as soon as this weekend.

Hoofddorp, Netherlands-based TNT gained 1.70 euros, or 6.9 percent, to 26.45 euros, the highest since Feb. 28. That values the company at 9.7 billion euros (USD 14.4 billion).

UPS and TNT may meet to work out a deal over the weekend, with the U.S. company offering 34 euros to 38 euros a share, U.K. newspaper the Times reported, without citing anyone. TNT surged 26 percent on July 14, its biggest jump since first selling shares to the public in 1998, after the Financial Times reported that FedEx Corp., the second-biggest U.S. package- shipping company, was in talks to buy its Dutch rival.

“If UPS started calculating and put together a team when FedEx rumors emerged in July, they should be ready to make a bid by now,” said Thijs Berkelder, an analyst at Petercam in Amsterdam, in a telephone interview. He said TNT may be worth about 40 euros a share in a takeover bid.

TNT declined to comment on “rumors and speculation,” spokesman Cyrille Gibot said today by telephone.

“UPS will never comment on rumors or speculation about mergers and acquisitions,” said Norman Black, a spokesman for the Atlanta-based company.

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TNT Germany cuts Economy Express transit times

Posted by | Aug 21, 2008 | |

TNT Express Germany has enhanced its Economy Express service by cutting transit times for exports to about 30 countries over three continents.

“Economy Express” is a convenient option for less urgent shipment orders worldwide, TNT Express Germany said in a statement. The transit times for the service have now been significantly reduced including to the economically promising states in Latin America and South East Asia that are of special interest for many German companies.

The “Economy Express” transit times to Brazil have been reduced to only two days. Transit times for shipments to Argentina, Uruguay, Venezuela und Honduras have been cut by one day. In a similar way, the delivery of express shipments to South East Asia including Thailand, Cambodia, Bhutan und Laos takes two days less than before. For Indonesia and Philippines, the transit times have been accelerated by one day.

Furthermore, the flight times to destinations in the Caribbean have been reduced thanks to the new routings via Frankfurt. In addition, even the transit times to Oceania have been reduced with shipments from Germany arriving in the Solomon Islands, South West Pacific in only five days, a week earlier than previously.

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