TNT veteran Tony Jakobsen has replaced Stuart Stobie as head of TNT UK and Ireland’s international division, as part of a major management overhaul. Jakobsen’s appointment and Stobie’s departure come as TNT pushes through major change across the business ahead of its purchase by larger US rival FedEx. The acquisition is expected to go ahead next month, subject to EU approval. The management restructuring has already seen a number of top executives leave the UK International division in the past […]
The European Commission has launched what it terms an “in-depth” investigation into the proposed acquisition of TNT Express by FedEx.
Profit at TNT UK almost quadrupled in 2012, during a year that put parent company TNT Express under pressure while the proposed takeover by parcel giant UPS was being considered.
TNT UK has placed an order for 192 aerodynamic box trailers with Cartwright.