Tag: TNT

European Airline Traffic data

Posted by | Aug 7, 2008 | |

The Association of European Airlines has released traffic and capacity data for its members in June 2008.

Following a better-than-expected set of results in May, the June figures more clearly reflected the depressed situation of the market. Year-on-year traffic growth slowed to 1.6pct which, coupled with a 4.0pct increase in capacity, led to a substantial fall in load factor, by 1.9 percentage points to 77.4pct.

Decreases were recorded in Domestic operations (-6.7pct) and on the North Atlantic (-0.2pct). The normally buoyant European cross-border markets grew by 3.2pct and Europe-Far East by just 0.5pct. Regions which continued to post strong growth were the South Atlantic – which, at plus 10.3pct nevertheless suffered a heavy loss in load factor – and the Middle East, with +6.9pct.

Preliminary results for July, based on weekly reports, indicate a growth figure perhaps a percentage point better than in June, driven by a slight recovery in North Atlantic and Far Eastern flows, although both remain substantially depressed. Load factors are expected to show a further decline, although less dramatic than in June.

DHL and TNT recently joined the association with effect from July 1, taking membership to 35 airlines.

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TNT rises to five-month high on speculation about takeover bid

Posted by | Aug 6, 2008 | |

TNT NV rose to its highest in five months in Amsterdam trading on speculation of a takeover offer.

TNT rose as much as 2.48 euros, or 10 percent to 26.41 euros, the highest since Feb. 27. The stock was up 3.8 percent at 11:26 a.m. local time.

“There are rumors about a takeover bid” of 30.25 euros per share being made “soon,” said Rik Zwaneveld, a trader at AFS Brokers BV in Amsterdam, adding that possible interested parties weren’t mentioned.

TNT rose 26 percent on July 14 on a Financial Times report that FedEx Corp., the second-largest U.S. package-shipping company, was in preliminary talks to buy TNT. The stock tumbled 16 percent on July 24 after the Wall Street Journal said FedEx won’t make an offer.

Pieter Schaffels, spokesman for Hoofddorp, Netherlands- based TNT, declined to comment.

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TNT successfully placed benchmark Eurobond of GBP 450million

Posted by | Aug 5, 2008 | |

TNT N.V. announces that it has successfully placed a benchmark Eurobond offering of GBP 450 million due August 2018. The bonds have been priced at an issue price of 99.33 per cent and a coupon of 7.500 per cent with settlement on the 14th August 2008. The GBP 450 million proceeds have been swapped into EUR 568 million with a coupon of 7.14 pct and a maturity of 14th August 2018.

BNP Paribas and HSBC acted as lead managers for this issue. The bonds will be listed on Euronext Amsterdam by NYSE Euronext.

The proceeds of the transaction will be used for general business purposes.

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Schuetze new sales MD for TNT Express Germany

Posted by | Jul 31, 2008 | |

TNT Express Germany has appointed experienced Marketing and Sales Manager Dr Roland Schuetze as its Managing Director Sales, Marketing and Customer Service, with effect from 1 August. He comes from the Weidmueller group, one of the world’s leading providers of connecting elements for data, signals and energy, where he was responsible for global sales. Prior to this, Schuetze was senior vice-president sales and a member of the board of Lufthansa Cargo. In that position he was responsible for global key account management, global customer service and margin management.

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TNT expands facilities in Singapore for better customer service

Posted by | Jul 30, 2008 | |

TNT has launched its newly designed and expanded Singapore Country Depot and an enhanced Customer Contact Centre within its existing complex on Changi South Lane in Singapore to keep up with the growing demand for express and freight services in the region.

The EUR 7 million investment is part of TNT’s broader EUR 100 million investment in South East Asia to establish a leadership position in the region over the next five years. The investment is aimed at strengthening TNT’s network coverage, connectivity and infrastructure.

The expansion of the Singapore Country Depot and Customer Contact Centre follows the launch of TNT’s freight services for time-sensitive heavy shipments last month. Both facilities occupy an area four times the size of the previous premises.

The upgraded centres are located within TNT’s 16,723 sqm premises in Changi South Lane. The integrated facility was established in 2007 to meet increased business growth in Singapore, and houses TNT’s Life Sciences Express Hub.

TNT said it expects better synergy, communications and operational efficiencies between its facilities by situating both the depot and the contact centre within the same premises as its regional distribution centre operations. This will in turn translate into seamless supply chain management solutions and enhanced service levels for customers.

Additionally, the Customer Contact Centre handles the complete range of TNT’s services, from Express, time-sensitive air freight, to tailor-made solutions, offering customers a single point of contact. It also features dedicated customer service departments managing TNT’s customers in the healthcare, high-tech, and equipment and machinery sectors, respectively.

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