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FedEx to buy rival TNT Express
2015-04-07 08:33:27| BBC News | Business | UK Edition
US parcels delivery firm FedEx is to buy Dutch rival TNT Express for 4.4bn (3.22bn) as it looks to expand its European operations.
FedEx in talks to buy TNT to expand Europe deliveries - Bloomberg
2015-04-07 06:53:02| Air Courier - Topix.net
Package delivery company FedEx Corp is in talks to buy Dutch logistics company TNT Express to expand package deliveries in Europe, Bloomberg reported, citing people familiar with the matter. A deal may be announced this week.
TNT Express Is A Cheap Stock With Great Value Funds On Board
2015-03-31 16:45:38| Air Courier - Topix.net
TNT Express is a Dutch package deliverer, similar to UPS and FedEx . The company is owned by some of the best value funds out there.
TNT Falls as Parcel Company Posts Loss and Predicts Tough Year
2015-02-17 14:38:50| Air Courier - Topix.net
Dutch logistics company TNT Express NV swung to a fourth-quarter operating loss and said it faces a tough year ahead as increased competition weighs on parcel-delivery prices in major markets including the U.K. and France. The stock fell as much as 9.6 percent, the most in almost five months, after TNT posted a quarterly operating loss of 53 million euros versus a year-earlier profit of 79 million euros.
TNT Express to Raise Profitability on Cost Cuts, IT Spending
2015-02-17 12:21:33| Trucking - Topix.net
Dutch logistics company TNT Express NV said profitability in its international business will climb to as much as 10 percent of sales as it cuts costs and upgrades its information-technology systems. Earnings before interest and taxes in the company's international operations will amount to between 8 percent and 10 percent of sales by 2019, while the domestic units will earn a margin of 4 percent to 5 percent, the company today said.
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