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UPS to drop TNT Express bid after EU vetoUnited Parcel Service said it would drop its 5.2 billion euro ($7 billion) bid for Dutch delivery firm TNT Express on the expectation of an EU veto, a sharp blow that halved the value of TNT's shares within minutes. U.S.-based More… |
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TNT Saudi wins Alfanar accountTNT SAB Express in Saudi Arabia, one of the world's leading distribution companies, has signed an agreement with Alfanar Electrical Systems for its express services. Alfanar Electrical Systems is an industrial arm of alfanar specialise More… |
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UPS, TNT in talks after $6.4bn bidUnited Parcel Service (UPS), the world's largest package delivery company, is in talks with TNT Express after its Dutch rival rejected a 4.9 billion-euro ($6.45 billion) cash bid, the companies said. UPS had made an offer of nine euros per More… |
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TNT unit launches operations in Iraq zoneTNT Mateen Express Iraq, a leading business to business express delivery company, has launched its parcel delivery inside the International Zone, formerly known as the Green Zone. Located in Baghdad city, the International Zone embraces ma More… |
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TNT adds 30 trailers to ME road networkTNT Express, a leading express and mail delivery services company, has expanded its Middle East road network with 30 new trailers. The logistics firm noted that the country’s imports versus exports have significantly grown in recent years, More… |
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Saudi wins 3.22pc of global logistics servicesSaudi Arabia has achieved 3.22 per cent share of the worldwide logistics services while Germany claimed the first place with 4.11 per cent, said a top official. "Service excellence is a primary concern and serves as the backbone of our gro More… |
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TNT tops Dow Jones Sustainability IndexesTNT was named global ‘Supersector leader’ for ‘Industrial Goods and Services’ (including ‘Industrial transportation’) of the 2009 Dow Jones Sustainability Indexes (DJSI) for the third consecutive year. These are the conclusions of a More… |
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Gulf Air, TNT team up to boost cargo trafficGulf Air and TNT Express, a leading provider of express delivery services, have signed an agreement which provides incentives to key global partners to boost their cargo traffic volumes. The agreement, called the Global Incentive Agreement More… |
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New TNT drive to feed kidsTNT said the company will donate Dh10 ($2.72) to the World Food Programme for every shipment that is sent using its morning delivery services till January 31, 2009. The initiative which uses TNT’s 'Time Definite' services, is aimed at rais More… |
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Agility, TNT and UPS hold joint training programAgility, TNT and UPS held a joint training program for the Logistics Emergency Teams (LETs) in Singapore, to further strengthen their integrated response to large scale disasters. Over 20 logistics specialists representing the three logist More… |
