FedEx Corp's €4.4 billion bid Tuesday for TNT Express took the world's last large potential integrator acquisition target off the table, marking a victory in FedEx's battle to gain market share from rival United Parcel Service Inc. In 2013, European regulators blocked a $6.9 billion bid from Atlanta-based UPS, the world's largest package delivery company, for TNT on grounds that the combined companies would have more than 30 per cent of the European market. The transaction would … [Read more...] about FedEx set to buy TNT for €4.4 billion
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TNT Express
TNT Express moves to digital signatures
TNT Express has announced it will now provide its customers with online access to PoD (Proof of Delivery) signature images. The PoDs are a new standard feature of the company’s track and trace facility within its online and PC-based shipping tools myTNT, ExpressShipper, ExpressManager and ExpressConnect. Images are available from over 85 countries worldwide, including all mature express markets, emerging markets such as China, India and Brazil,as well as many other destinations. A … [Read more...] about TNT Express moves to digital signatures
TNT boosts Europe-Asia capacity with own freighter
Europe’s second largest global express company boosted capacity on its Europe-China route on 18 September with the addition of its own B747-400ER freighter, replacing capacity previously booked on other commercial carriers. The 110-tonne capacity freighter will operate three times weekly between Hong Kong and its main air hub in Liege,Belgium. TNT highlighted the fact that this service gives customers in southern China seamless connectivity with its air and road network for … [Read more...] about TNT boosts Europe-Asia capacity with own freighter
TNT opens PHP15 million Philippines depot
Express integrator TNT has opened a new Philippines-based depot in San Fernando, Pampanga province north of Manila. Th e PHP15 million (US$312.7 million) depot is expected to significantly increase TNT’s connectivity and presence in Pampanga, particularly in the special economic zones of Subic and Clark, as well as the rest of Northern Luzon. TNT said the new depot is part of its continued investment in Southeast Asia and is integral to the company’s plans to build its … [Read more...] about TNT opens PHP15 million Philippines depot
TNT Express opens Milano mega hub
TNT has invested €12 million (US$16.7 million) in a new 40,000 square metre mega hub at the Milano Linate city airport. The facility is located directly beside the runway at Linate airport, from which TNT’s Airbus A300 takes off each night for the TNT world air hub in Liège,Belgium. The Milano mega hub is open 24/7, handling deliveries to Milan and its hinterland, Como and Varese, and sorting international imports and exports forthe whole of Italy at night. … [Read more...] about TNT Express opens Milano mega hub
TNT Express opens Milano mega hub
TNT has invested €12 million (US$16.7 million) in a new 40,000 m2 mega hub at the Milano Linate city airport. The facility is located directly beside the runway at Linate airport, from which TNT's Airbus A300 takes off each night for the TNT world air hub in Liège, Belgium. The Milano mega hub is open 24/7, handling deliveries to Milan and its hinterland, Como and Varese, and sorting international imports and exports for the whole of Italy at night. … [Read more...] about TNT Express opens Milano mega hub
