EU law will require FedEx to divest the TNT Airways fleet if its takeover of TNT Express is allowed to proceed. But just what is that fleet, and what will happen to it when it is divested? We last visited this subject in 2012, when UPS and TNT were goingRead More
Post Tagged with: "TNT"
“It’s déjà vu all over again.” Or is it? Do the words of the famous American philosopher Yogi Berra apply to FedEx’s offer to buy TNT? Or is it significantly different from UPS’ attempt to do the same thing two years ago? (An attempt that was torpedoed by the EuropeanRead More
TNT reported a net fourth-quarter loss of €137 million, a substantial decline from the €32 million profit reported in 4Q13. As shown in the charts at right, revenue in the quarter was up 1.6% to €1.79 billion, and reported operating income fell from €79 million in 4Q13 to a lossRead More
TNT reported a net loss of EUR56 million in the third quarter of 2014, well down from a EUR6 million profit in 3Q13, as revenue declined 2.0% y-o-y to EUR1.65 billion. Operating income in the quarter went from slightly positive (EUR3 million) a year ago to a EUR47 million lossRead More
French anti-trust regulator goes after package delivery companies. DHL, FedEx, TNT, and the UK’s Royal Mail are among delivery firms targeted in by the Autorité de la Concurrence in an ongoing anti-trust investigation of their French divisions. According to a report in Bloomberg, FedEx, Royal Mail, and TNT have indicatedRead More
Netherlands-based express company TNT reported first-quarter 2014 net income of €1 million, down from €144 million in the first quarter of 2013, as revenue declined 6.6% to €1.61 billion. Reported operating income for the quarter was down 92.2% to €17 million, from €219 million in 1Q13. However, the reported figuresRead More
November is a gray, dreary month in the Pacific Northwest, but sometimes there are days where the clouds lift and leave you with bright, but cold, conditions. On Saturday Cargo Facts was on hand for the third flight of TNT’s latest 777F, OO-TSC (msn: 37138) – just a 30 minuteRead More
Short time-lapse video of TNT’s first 777F being painted. The freighter was delivered on 22 July. TNT is leasing it from Guggenheim Aviation Partners.