Management cull at TNT UK’s international division after revenue dip


Major management restructuring in the face of declining revenues at the UK International division of TNT Express has also seen ‘a handful’ of top executives made redundant, has learnt. The news comes as the Dutch-owned delivery company, which is set to be acquired by larger US rival FedEx for around £3bn, reported its global results for Q2 2015. It revealed underlying revenue growth of 4.1% and a narrower net loss compared to the same time last year. The company […]