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 […]
Price increases and a rise in parcel volumes have contributed to Royal Mail Group’s continuing rise in annual profit and turnover, the firm said today.
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.
The UK branch of Mitsubishi Electric Europe has renewed its warehousing contract with Yusen Logistics by five years.