TNT Express – ouch


 

UPS/ TNT Express – it’s over. Gone. Finito. Forget about it. Now we have to look at the future of TNT Express and that means turning the global business into a profitable one. Back in January – TNT insisted its future was bright – despite the European Commission shunning UPS’ advances. But there is only one measure that counts in business, and that is profitability. Today TNT said it finished 2012 with an operating margin of 1.2%. That’s an operating […]