TNT Express has unveiled a two-year plan to target higher margin business, which includes palletised freight and larger, heavier parcels, and improve its profitability. TNT has been evaluating its business following the collapse of its proposed merger with UPS in January. One analyst believes that moving into pallets would be a challenge for the parcel carrier – which saw pre-tax profit in its UK business dip to £3.49m for the year ended 31 January 2011 (2010: £8m) – but will […]
UPS plans to open a site in Dordon, near Tamworth, after signing a 15-year lease with developer IM Properties.
TNT Express has won a two-year contract with aircraft engine manufacturer MTU Aero Engines which includes the delivery of parts to an engine manufacturer in the UK.
Scania, Nestlé, UPS and Route Monkey have signed up to a new international partnership focused on tackling road freight emissions.