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. The news comes as the Dutch-owned delivery company, which is set to be acquired by larger US rival FedEx for around £3bn, reported its global results for Q2 2015. It revealed underlying revenue growth of 4.1% and a narrower net loss compared to the same time last year. The company […]
TNT Express is to spend €185m (£145m) improving its European road network during the next four years as part of its strategy to move more by road.
CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%.
TNT Express has won a contract to become the exclusive express delivery provider for musical instrument and audio equipment manufacturer and Gibson.