TNT Post UK has secured funding to roll-out a final mile delivery service across the UK, in a bid to rival the service currently provided by Royal Mail. Parent PostNL has revealed a joint venture with private equity firm LDC, which will provide funding for a phased introduction of the service, which has been trialled in London and Greater Manchester. The joint venture is expected to close in early 2014, subject to approval by the European Commission. PostNL’s executive committee […]
Royal Mail has said its Christmas deliveries will not be affected by industrial action, as it reaches an agreement with the Communication Workers Union (CWU) after weeks of talks.
TNT Post says it has secured a “great coup” after revealing details of a contract it began work on in February to deliver mail for Tesco. As a result TNT Post, which demerged from parent TNT NV in May 2011, will deliver all of Tesco’s communications with its customers – totaling some 180 million item a year – including its Clubcard scheme and Tesco Bank. Nick Wells, TNT Post chief executive, says: “Winning Tesco as a client is a great […]