Pre-tax profit at parcels giant FedEx UK plummeted by more than a quarter last year, the parcels company has revealed. Reporting its latest annual results to 31 March 2019 the company, which operates a fleet of over 800 trucks and 700 trailers from a string of depots across the UK, revealed a 27% fall in pre-tax profit to £13.7m, down from £18.7m in the previous year. Turnover in the period fell by 12.27% to £218.5m (2018: £249m). In its strategic […]
Whistl has brought in former TNT MD Alistair Cochrane as it ramps up its presence in the parcel delivery sector.
TNT Express has appointed Maarten Jan de Vries as its new chief financial officer, replacing Bernard Bot later this year.
TNT Express UK & Ireland has confirmed around 50% of TNT Fashion Group UK’s dedicated network of distribution sites will be integrated into existing TNT Express sites as part of the DC rationalisation announced in January.