TNT Express has expanded its express pallet delivery service from the UK to 10 more locations across the Americas and the Middle East. Global director, project management and development, Soren Hoegh, said businesses in the UK will now benefit from one-, two- or three-day delivery to more locations than before. The expansion takes its coverage to 80 countries worldwide and includes more cities in the United States and Canada, the Middle East and South America. The service covers same-day collection […]
Express parcels and mail provider UK Mail Group says it is taking action to plug the gaps in its pallet distribution business UK Pallets. It reported a significant decline in operating profit from this division during the first six months of the financial year. While revenue from its pallets business rose 0.8% to £14.3m in the six months to 30 September compared to the same period last year, operating profit fell over 26% to £800,000, said the firm. UK Mail […]
Kent operator Castledene Transport has left Pallet-Track after nine years to join rival network Palletline.
TNT Express saw a 13% drop in EMEA operating profit in the third quarter, despite a 3,2% turnover rise, due to “challenging trading conditions in Europe”. The parcel firm, which last week received a statement of objections from the European Commission ahead of its acquisition by UPS, did not perform as well in its EMEA operations as it had during the same period in 2011, its Q3 trading results revealed. Reported operating profit margins fell from 6.4% in Q3 2011 […]