RSS
|
|
|
The company's express delivery services unit, known as TNT Express, has fully owned operations in 65 countries and delivers documents, parcels and pieces of freight to over 200 countries. TNT's express division recorded sales of about -6.0 billion in 2009. On 2 August 2010 TNT announced its intention to split up into two independent companies, an express and a mail company. TNT sold its logistics unit in 2006 to focus on network activities, mail and express delivery services. TNT's networks are concentrated in Europe and Asia, but the group is expanding its operations worldwide, including in the Middle East and South America. In the recent years, it acquired several road freight companies in China, India and Brazil. TNT employs 155,000 people. Over 2009, TNT reported -10.4 billion in revenues and an operating income of -648 million. TNT is officially quoted on the Euronext Amsterdam Stock Exchange. Its major competitors include FedEx, United Parcel Service (UPS), DHL, and national post carriers such as US Postal Service and Royal Mail. TNT aircraft operate under the IATA code of TAY (TNT Airways). TNT's chief executive officer is Peter Bakker. Other members of the Board of Management include Bernard Bot (Chief Financial Officer)*, Marie-Christine Lombard (Group Managing Director, Express) and Harry Koorstra (Group Managing Director, Mail). (*) Acting member until notification of his appointment to the General Meeting of Shareholders. |
