TNT Express has appointed Maarten Jan de Vries as its new chief financial officer, replacing Bernard Bot later this year. He will take up his new position on 1 July when Bot steps down after three years in the role. New to the express delivery sector, he was formerly CEO at Philips television manufacturer and marketer TP Vision, as well as chief information officer, chief supply officer and divisional CFO at Royal Philips. TNT Express CEO Tex Gunning said: “I […]
TNT Express has seen a drop in both turnover and operating profit, following the loss of a contract with a major fashion retailer in the UK.
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 […]
Major management restructuring in the face of declining revenues at the UK International division of TNT Express has also seen ‘a handful’ of top executives made redundant, Motortransport.co.uk has learnt.