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. TNT will transport engine parts by road between airspaces across Europe, including the UK and Ireland. It will also handle parts returns to MTU’s maintenance sites in Germany. A spokesman for TNT Express said it will deliver parts to “a renowned engine manufacturer in the UK”. He declined to comment on the value […]
Wincanton has secured a four-year contract to provide support at two new DCs for furniture and homeware retailer Ikea.
CM Downton has secured a new contract with the plastics division of DS Smith following a tender process.
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 […]