TNT reduced its pre-tax loss and saw its global revenue rise in its final full financial year ahead of its €4.4bn (£3.2bn) purchase by FedEx. In the year-ending 31 December 2015 TNT saw its overall revenue increase to €6.9bn (£5.1bn), from €6.7bn in the previous year, while its loss for the period reduced to €56m from €190m. TNT CEO Tex Gunning said that after years of decline, the business had returned to “sound and robust revenue growth” – as it […]
Whitchurch, Shropshire-based food logistics specialist Grocontinental has reported a near 29% increase in pre-tax profit for the year ended 31 October 2012 .
TNT Express has restructured its UK and Ireland international division sales force as part of a wider strategy to boost turnover and improve customer service.
This year has seen many companies in the parcels sector thrive as carriers move record volumes and consumers continue to do more of their shopping online. But while this has encouraged some parcel carriers to invest heavily in their networks and offer more services to their customers, 2013 has also bought with it more challenges for many operators who have struggled to keep apace with the rapidly changing industry. Motortransport.co.uk has compiled a list of the biggest stories in that […]