TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline. The strategy, called ‘Outlook’, was revealed in its results for the final quarter of 2013 today and will integrate its Deliver profit improvement plan, which was launched last year. TNT hopes to move more by road by expanding its European road network. It aims to do this by targeting customers in the automotive, industrial, healthcare, and technology […]
TNT Express chief executive Marie-Christine Lombard has resigned, ahead of the parcel company’s acquisition by UPS. Chief financial officer (CFO) Bernard Bot will take over her position as interim CEO at the end of September, when Lombard leaves the company to pursue another career. “It is regrettable that Marie-Christine has decided to leave TNT Express now. We thank Marie-Christine for her contributions and wish her well for the future,” said Antony Burgmans, chairman of the supervisory board at TNT Express. […]
TNT said 2015 will continue to be a year of transition for the company after reporting third quarter turnover of €1.6bn (£1.2bn), up 2.3% year-on-year, and a €27m operating loss, compared with an operating loss of €51m for the third quarter of 2014.
The Co-operative Group has completed the overhaul of its UK logistics network today (19 April) with the opening of its Castlewood DC in North Derbyshire.