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 […]
Palletways and TNT Express have won two separate European distribution contracts with Yankee Candle.
TNT Express has revealed details of its parcel delivery contract with retailer JML, that it picked up three months ago.
DX Group sales and marketing director Paul Doble has warned that online retailers are in danger of overwhelming capacity on their distribution networks in the run up to Christmas. Financial services firm Experian has predicted a 36% rise in online retail visits today and Doble said retailers should re-assess their delivery capabilities. Carriers are offering collection two working days before Christmas. TNT Express, DPD, FedEx, Hermes and UK Mail all said that 21 December is the last day they can […]