TNT Post UK has secured funding to roll-out a final mile delivery service across the UK, in a bid to rival the service currently provided by Royal Mail. Parent PostNL has revealed a joint venture with private equity firm LDC, which will provide funding for a phased introduction of the service, which has been trialled in London and Greater Manchester. The joint venture is expected to close in early 2014, subject to approval by the European Commission. PostNL’s executive committee […]
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]
Yodel has changed the partner it works with for international deliveries, enabling it to offer fully tracked international delivery.
TNT Post have signed a two year contract with PRO-CURE, a provider of NHS commercial services across Oxfordshire, Buckinghamshire, Berkshire and Hampshire, saving the company a forecast £300,000. The contract covers PRO-CURE and its partners NHS Commercial Solutions and the East of England Collaborative Procurement Hub, which will receive a two day delivery service with TNT Post. Nick Wells, CEO TNT Post says: “More than ever before public savings are paramount. TNT Post is committed to effective and sustainable competition […]