FedEx and TNT Express said they still expect to merge in the first half of 2016 despite the European Commission’s decision to launch an in-depth investigation of the US firm’s 4.4 billion euro ($4.8 billion) acquisition of its smaller Dutch rival.
TNT Express offers free Flash Drive to customers shipping to 6 countries with unique ‘Trade Lanes Focus’ promotion
TNT Thailand joins national seminar on use of technology in logistics Leading provider of integrated express services shares knowledge on employing information technology in logistics to prepare for AEC
31 Jul 2015
The European Union has opened an investigation into FedEx’s efforts to acquire TNT Express on the grounds that there would be insufficient competition in the market.
27 Jul 2015
TNT Express posted a 6.2 percent increase in second-quarter revenue, driven by a stronger dollar and growing business from small and medium-sized customers.
20 Jul 2015
The European Shippers’ Council adamantly opposed UPS’ proposed takeover TNT Express, but the group has no qualms with FedEx buying the ailing parcel provider for $4.8 billion.
29 Jun 2015
FedEx has formally asked European Union competition regulators to approve its 4.4 billion euro bid ($4.9 billion) for TNT Express two years after they rejected a planned 5.2 billion euro takeover by its U.S. rival United Parcel Service.
28 Apr 2015
TNT Express posted an operating loss and shrunken comparable revenue in the first quarter, warning that it faced tough times in the run-up to its planned acquisition by larger U.S. rival FedEx in 2016.
07 Apr 2015
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
07 Apr 2015
TNT Express said it will open talks shortly with potential buyers of its cargo airlines following FedEx’s agreed 4.4 billion-euro ($4.8 billion) takeover.
07 Apr 2015
FedEx Corp. on Tuesday unveiled a €4.4 billion ($4.8 billion) agreed takeover of TNT Express, two years after European regulators shot down United Parcel Service’s bid for the Dutch company.
17 Feb 2015
TNT Express slumped to a 137 million euros [US $156 million] net loss in the fourth quarter of 2014 from a 32 million euros profit in the same period in 2013, driven mainly by restructuring charges tied to an abortive takeover bid by its larger rival, UPS, two years ago.
26 Nov 2014
A combination of manufacturing migrating from China to its Southeast Asian neighbours and improving road infrastructure is set to grow cross-border trade, despite the import and export of containers taking up to three weeks in some countries.
24 Sep 2014
TNT Express today issued a profit warning for 2015 because of tough trading conditions in Europe.