HMV transport providers TNT Express and TNT Post are awaiting the outcome of the retailer’s administration. Both carriers have confirmed that they worked with the music and film retailer, which appointed administrator Deloitte on Tuesday (15 January). A spokesman for TNT Post confirmed that the carrier would continue working with HMV as it trades through its administration. TNT Express confirmed that it worked with the retailer, but declined to comment further. On Monday, TNT Express revealed that UPS had pulled […]
Creditors of collapsed parcel firm City Link are likely to receive just 1p for every pound they are owed, according to the company’s administrator.
TNT Post have signed a two year contract with PRO-CURE, a provider of NHS commercial services across Oxfordshire, Buckinghamshire, Berkshire and Hampshire, saving the company a forecast £300,000. The contract covers PRO-CURE and its partners NHS Commercial Solutions and the East of England Collaborative Procurement Hub, which will receive a two day delivery service with TNT Post. Nick Wells, CEO TNT Post says: “More than ever before public savings are paramount. TNT Post is committed to effective and sustainable competition […]
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]