2009 week 41
TNT in the media - week 41
TNT boss sees market share gains
06 October 2009
Peter Bakker, CEO of TNT, expects the company will make market share gains once the economy begins to recover, partly as a result of smaller rivals collapsing or withdrawing from the market.
He also believes the changes will come as customers shift to economy transport services, "which means a switch from air linehaul to road linehaul - and that should benefit us".
Speaking to Commercial Motor at last week's Drive Me Challenge (pictured) at the MIRA test track in the Midlands, Bakker noted: "Companies do need a crisis now and then to [force them to] focus on costs. It's not always pleasant, though."
There have been 2,300 redundancies worldwide at TNT in the past 12 months - but that is less than 2% of the group's 161,500-strong workforce. TNT's total Q2 profit was cut 57% year on year to €89m (£81.6m).
One market share gain no longer available is a slice of Royal Mail. Following the government's decision to cease negotiations with TNT earlier this year on the part-privatisation of Royal Mail, Bakker dismisses any thoughts of proactively revisiting the opportunity: "It was disappointing, but we've got a business to build. If someone wants to talk to us [about buying part of Royal Mail], then we'll pick up the phone."
Source: Commercial Motor, www.roadtransport.com
TNT Unit to Create Deutsche Post Rival
10 October 2009
The German unit of TNT is building a mail delivery consortium in Germany to rival Deutsche Post, weekly magazine WirtschaftsWoche said.
The new company, to be named Mail Alliance, will include Berlin-based Pin Mail and distribution companies belonging to Stuttgart-based publishers Georg von Holtzbrinck and Hannover-based publishing house Madsack.
How big a stake the different companies will take in the new firm remains unclear, WirtschaftsWoche said.
The aim is to create an independent distribution network across Germany so mail weighing up to 1000 grams can be delivered within 24 to 48 hours.
The alliance will share a common information technology infrastructure, the magazine said.
Currently independent mail delivery firms command only a 10 percent market share in Germany.
WirtschafsWoche belongs to the Georg von Holtzbrinck publishing group.
Source: Reuters, www.reuters.com