TNT N.V. is a global express and mail delivery services company with headquarters in the Netherlands. In the Netherlands, TNT operates the national postal service under the name TNT Post. A
supporter of the opening of the European postal market to competition, the group also offers postal services in six other
European countries, including the UK, Germany, Italy and Belgium. TNT's mail division recorded sales of about €4 billion in
2006.
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 over €6 billion in 2006,
that is 12% more than the previous year.
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 Pakistan, China and Brazil.
TNT employs around 159,000 people worldwide. In 2006, the company reported €10.1 billion in revenues and an operating income
of €1,276 million. TNT N.V. is publicly listed on the stock exchange of Euronext Amsterdam. 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 operating officer is Peter Bakker. Other members of the Board of Management include Henk van Dalen (Chief
Financial Officer), Marie-Christine Lombard (Group Managing Director, Express) and Harry Koorstra (Group Managing Director,
Mail).
History
- 1752 to 1799 - Establishment of Statenpost, which secured a national monopoly. Services were reorganised into a single
national enterprise based on the French model.
- 1852 - First Postal stamp appeared.
- 1931 - Mechanisation of the postal system.
- 1946 - TNT (Thomas Nationwide Transport) was founded in Australia.
- 1961 - TNT listed on the Sydney Stock Exchange.
- 1977 - Introduction of post codes, which allowed full automation of the postal
system.
- 1989 - Dutch post became a private company called PTT Nederland.
- 1992 - TNT was acquired by the Canadian post office and a consortium of European post offices.
- 1994 - Under the name of Royal PTT Nederland (KPN), the company was listed on the Amsterdam Stock Exchange.
- 1996 - KPN makes a friendly takeover of TNT. TNT is delisted from the ASX.
- 1998 - TNT opens its European Express Centre in Liège Airport (Liege, Belgium). The postal division (including TNT) are demerged from KPN
and listed separately on the Amsterdam Stock Exchange as TPG. An international
road hub was opened in Duiven, Netherlands. TPG acquires Jet
Services of France and is integrated into TNT's European operations.
- 1999 to 2005 - TPG moves into the logistics market with the acquisition of several international logistics companies.
- 2005 - TPG renames itself to TNT and announces its plan to sell off the majority of its logistics division.
- November 2006 - TNT sells its Logistics division to Appolo Management (the unit has been renamed Ceva Logistics since
then).
- December 2006 and May 2007 - TNT takes delivery of its first two Boeing 747-400ERF.
- May 2007 - TNT announces its delisting from the New York Stock Exchange.
- August 2007 - TNT announces a program to cut carbon emissions called "Planet Me".
See TNT History
for a more detailed overview.
Operating units
- Royal TNT Post BV - collects, sorts and distributes mail in the Netherlands
- TNT Express - operates the largest express network by air and road in Europe, as well as TNT Airways, an international cargo airline. TNT Express employs more than 74,000 people, flies 44 aircraft, runs about 23,400 road
vehicles, and has a worldwide network of nearly 1,200 depots and hubs.
- TNT Post - A postal operator all over in Europe
See also
External links
Profile & adata
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