Archive for the ‘TNT’ Category
Limping TNT Express To Float May 26
TNT anticipates spinning off its Express unit on May 26, when the second-largest express operation in Europe after DHL goes public. It’s gonna be a disappointment, however. Unlike its rivals, which have made a comeback on the resurgence in world trade, TNT complained Friday that its Express business has been beset by fuel increases, unrest [...]
TNT Post Buys Online Shopping Specialist
TNT Post has bought Dutch e-retail specialist Kowin on undisclosed terms calling the move an important next step in implementing its e-commerce strategy. The transaction adds online shopping expertise to TNT’s e-commerce chain and strengthens TNT’s capabilities as a one-stop service provider. The company described the acquisition as part of its Vision 2015 strategy. TNT [...]
TNT Means To Dump Mail
So the scuttlebutt was right. TNT does mean to sell or spin off its mail arm, still the biggest part of its business. The company said so last Thursday. It could mean the erstwhile state-owned post office tries to tie up with other consolidation partners (Plan A) or – under pressure from its Jana Partners [...]
TNT Post Digitizes Direct Mail
Holland’s TNT Post says its business customers can add a two-dimensional barcode to their direct mail that consumers can retrieve on their mobile phones. The widgetry is called Mobile Quick Response Code (QR). Recipients of this direct mail can scan the QR code with the camera in their mobile phone and are automatically routed via [...]
TNT Partners with BancTec on Scanpost
TNT Post, Holland’s national postal operator, has tied up with Dallas-based BancTec to strength its Scanpost service and meet what it calls “increasing demand” for incoming mail to be digitized. BancTec is to supply its hardware, software and services solutions to TNT’s cause, meaning to create “one of the most robust and flexible transactional content [...]
British Government Aims To Sell Off Part of the Royal Mail
In the name of saving universal service, the UK government is proposing to sell off a piece of the beleaguered Royal Mail to a foreign postal operator “with a proven record in transforming its business,” expecting the controversial move to force the moribund British institution to modernize. Dutch-based TNT has already expressed interest provided the [...]
TNT Cuts Guidance; Mail Delivery Could Shrink to Three Days a Week
Dutch mail and logistics house TNT NV has cut the outlook for its express unit again because of the global economy. “Volumes, overall and in particular in the premium express market in Europe, continue to decrease and are now well below levels of the comparable period in 2007,” it said. Full-year express results, usually 60% [...]
