What’s going on at TNT Express?


 

TNT Express today posted a significant drop in both turnover and operating profit, which it mainly put down to difficult trading in its Europe Main division, the loss of a major fashion retail contract in its UK business, and restructuring in Italy. But how far do the operator’s problems, especially within its UK business, stretch? As part of its plan to recover after consecutive reports of falling turnover and operating profit since its deal with UPS fell though last year, […]