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 extended its delivery before noon service to more locations across Europe, including the UK.
TNT Express’s Caroline Rose was named Woman of the Year at the 2016 FTA Everywoman in Transport and Logistics Awards.
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.