TNT UK has placed an order for 192 aerodynamic box trailers with Cartwright. The trailers feature the Cheetah Fastback aerodynamic sloping roof, an aerodynamic aerofoil, and modular side skirts that allow repairs to be done quickly to minimise vehicle downtime. The two parties have worked together to adjust the trailers’ front and rear aerodynamics to ensure that potential damage costs are minimised. The new trailer fleet will feature TNT’s recently launched ‘the people network’ branding. Steve Davis, TNT UK’s national […]
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.
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.
TNT said it is more certain about its future after the collapse of its multi-billion euro acquisition by UPS last week, despite analysts warning that the industry giant needs to “work out what is going on”. UPS pulled the plug on the €5.16bn (£4.31bn) deal after it became clear that the European Commission (EC) would veto the acquisition, which had been bogged down in EC red tape for the past 10 months, due to competition concerns. UPS said it was […]