TNT UK saw its finances tumble into the red last year following the loss of a major contract, posting a £6.4m loss just a year after it quadrupled its pre-tax profit. In a year that saw it cut staff numbers and make managers in a number of departments redundant, TNT’s financial accounts for the year ended 31 December 2013 showed that it turned a £13.8m pre-tax profit into a £6.4m loss. The loss of a key contract with a major […]
February 18, 2014 Ashleigh Wight
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.
April 9, 2015 Emma Shone
The volume of parcels being handled by UK Mail has surpassed its current operational capacity.