TNT UK made a pre-tax loss for the fourth year running in 2017, during a lengthened reporting period that brings the company in-line with parent company FedEx’s financial year. For the 17 months ended 31 May 2017, the business reported a pre-tax loss of £34.3m; a greater loss than that of £22.1m in its previous reporting period to the end of 2015. In its strategic report TNT UK said £5.7m of the loss was down to exceptional transformation costs, and […]
TNT Express has unveiled a strategy to improve its performance and financial results as both group turnover and operating profit continue to decline.
Tesco’s £3.7bn merger with wholesaler Booker has won approval from shareholders.
Parcel carriers FedEx, Royal Mail and DHL have been named among the top 20 Business Superbrands in the annual Superbrands list.