Tag: TNT

TNT's annual report 2007 (by segment)

Posted by | Jul 10, 2008 | |

According to TNT’s annual report 2007:
revenues in € mln
Mail Netherlands 2,551
European Mail Networks 1,002
Cross-border Mail 527
Data and Document Management 154 +
Total Mail Operating Revenues 4,234

– Mail accounted for 38.4% (€4,234 mln) of TNT’s group operating revenues (€11,017 mln).
– Mail accounted for 52.5% (€626 mln) of TNT’s group operating income (€1,192 mln).

– Mail Netherlands accounted for 23.2% (€2,551 mln) of TNT’s group operating revenues (€11,017 mln).
– Mail Netherlands operating income is non-disclosed information.

According to USO-report 2006 (report 2007 not yet publicly available) in € mln:
– USO total revenues 1,703
– Reserved area revenue 999
– USO operating income 345
– Reserved area operating income 167
Generally speaking it is estimated that USO (reserved) revenues 2007 change `marginal compared to 2006 and USO-operating income might end significant under 2006 level.

More information available at http://group.tnt.com/annualreports/annualreport07/downloads.html

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TNT triples Thai express capacity

Posted by | Jul 9, 2008 | |

TNT has tripled its express service capacity in Thailand, opening a new hub in the Lam Luk Ka district, Pathum Thani, the Bangkok Post reports.

The hub is capable of handling 40 tonnes or 4,500 consignments per day.

The new hub integrates both warehouse and distribution centres under the one roof, designed to reduce transit time by at least two hours.

Southeast Asia is TNT’s fastest growing market, contributing 30 percent to their annual revenue from emerging markets of USD 11.5 billion.

TNT stated it has investment funds of USD 100 million to meet the growing freight service demand between China, Asia and Europe over the next five years.

This investment is part of TNT’s plan to turn Thailand into a hub for the Indochina market.

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TNT reaching out in Dubai

Posted by | Jul 9, 2008 | |

TNT has started a new operational facility close to Dubai International Airport.

It will offer more space for sorting and delivery, as well as increase cargo and heavy freight capacity for road and air services, the company said.

The facility also gives TNT more room for future expansion with the ability to service more areas before 9am, 10am and noon, enhanced by the connectivity.

The premises will support handling all Dubai local market collections; and processes upwards of 35,000 shipments per week.

It is to be the main hub for local market road collections outside Jebel Ali and Abu Dhabi and is expected to process hundreds of thousands of kilos per month into TNT’s road and air networks.

“It has been necessary to expand our facilities in order to cater to increased demand and future growth,” Country General Manager Bryan Moulds said.

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One letter in four comes via Royal Mail rival (UK)

Posted by | Jul 8, 2008 | |

Rivals to Royal Mail now handle one in every four letters and are poised to increase volumes further, The Times has learnt.
It is understood that Royal Mail now carries out the full process of collection, sorting and deliver of three out of every four letters posted, as against four out of five last year. This follows an exodus of blue-chip bulk mailing customers to rival operators such as TNT and Business Post.
More customers may have been pushed to quit Royal Mail after last year’s industrial action despite competitors still having to use Royal Mail’s infrastructure and postal staff for the “final mile” delivery.
Royal Mail’s business could shrink further if rivals continue to grow. TNT, one of its two main competitors, expects to handle 2.4billion items of mail this year. Business Post, which does not make specific forecasts, said it expected to exceed that amount. Last year TNT handled 1.8billion items out of a total annual postbag of 20billion and Business Post
TNT’s prediction of a 33 per cent increase in mail volumes comes as the company is building up local business as well as targeting large national customers such as utilities and banks. Nick Wells, Managing Director of TNT’s UK mail business, said the business was putting resources into five regional centres.
Royal Mail is paid by rivals for the “last mile” delivery. It claims it is paid too little although its competitors say that its prices are too high.
The loss of business to rivals comes as a review commissioned by the Government looks into the future of the state-owned group. There are growing worries from Royal Mail, Postcomm, the industry regulator, and the main postal union, that Royal Mail is facing dire financial problems.
The Hooper review into Royal Mail is scheduled to set out recommendations to the Government. The regulator has said that Royal Mail needs an injection of private equity. But even if stakeholders backed such a move, it is not clear what interest there would be from private equity because of Royal Mail’s huge pension deficit. It currently stands at GBP 3.4billion but could double after an actuarial review.

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