TNT Express
Encyclopedia
TNT Express N.V. is an international express
and cargo
delivery services company with headquarters in Hoofddorp
, Netherlands
. The firm has fully owned operations in 65 countries and delivers documents, parcels and pieces of freight to over 200 countries. The company recorded sales of over €7 billion in 2010.
Formerly an operating division of TNT N.V.
, TNT Express was demerged from its parent company on 26 May 2011, taking a listing on the Euronext Amsterdam
Stock Exchange. TNT N.V. subsequently renamed itself PostNL
.
Its major competitors include FedEx
, United Parcel Service
(UPS) and DHL
. TNT Express aircraft operate under the IATA code of TAY (TNT Airways
).
The company's chief executive officer
is Marie-Christine Lombard, who previously ran the unit when a part of TNT N.V. The other member of the Board of Management is chief financial officer
Bernard Bot.
, as well as TNT Airways
, an international cargo airline
. TNT Express employs more than 78,000 people, flies 48 aircraft, runs about 26,000 road vehicles, and has a worldwide network of more than 2,400 depots and hubs.
Express mail
In most postal systems express mail refers to an accelerated delivery service for which the customer pays a surcharge and receives faster delivery. Express mail is a service for domestic mail and is governed by a country's own postal administration...
and cargo
Cargo
Cargo is goods or produce transported, generally for commercial gain, by ship, aircraft, train, van or truck. In modern times, containers are used in most intermodal long-haul cargo transport.-Marine:...
delivery services company with headquarters in Hoofddorp
Hoofddorp
Hoofddorp is the main town of the Haarlemmermeer municipality in the province of North Holland in the Netherlands. In 2009, the population was just over 73,000...
, Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
. The firm has fully owned operations in 65 countries and delivers documents, parcels and pieces of freight to over 200 countries. The company recorded sales of over €7 billion in 2010.
Formerly an operating division of TNT N.V.
TNT N.V.
TNT N.V., more commonly known as TNT, is an international express and mail delivery services company with headquarters in Hoofddorp, Netherlands. In the Netherlands, TNT operates the national postal service under the name TNT Post. The group also offers postal services in eight other European...
, TNT Express was demerged from its parent company on 26 May 2011, taking a listing on the Euronext Amsterdam
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
Stock Exchange. TNT N.V. subsequently renamed itself PostNL
PostNL
PostNL is a mail, parcel and e-commerce corporation with operations in the Netherlands, Germany, Italy, and the United Kingdom. It is listed at Euronext Amsterdam. Formerly a subsidiary of TNT N.V., it became an independent company upon TNT's demerger in May 2011.- History :As decided by a general...
.
Its major competitors include FedEx
FedEx
FedEx Corporation , originally known as FDX Corporation, is a logistics services company, based in the United States with headquarters in Memphis, Tennessee...
, United Parcel Service
United Parcel Service
United Parcel Service, Inc. , typically referred to by the acronym UPS, is a package delivery company. Headquartered in Sandy Springs, Georgia, United States, UPS delivers more than 15 million packages a day to 6.1 million customers in more than 220 countries and territories around the...
(UPS) and DHL
DHL
DHL Express is a division of the German logistics company Deutsche Post providing international express mail services. DHL is a world market leader in sea and air mail....
. TNT Express aircraft operate under the IATA code of TAY (TNT Airways
TNT Airways
TNT Airways, a subsidiary of TNT Express, is a cargo and passenger airline, operating chartered flights to mainly European destinations...
).
The company's chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
is Marie-Christine Lombard, who previously ran the unit when a part of TNT N.V. The other member of the Board of Management is chief financial officer
Chief financial officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
Bernard Bot.
Operations
TNT Express operates the largest express network by air and road in EuropeEurope
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...
, as well as TNT Airways
TNT Airways
TNT Airways, a subsidiary of TNT Express, is a cargo and passenger airline, operating chartered flights to mainly European destinations...
, an international cargo airline
Cargo airline
Cargo airlines are airlines dedicated to the transport of cargo. Some cargo airlines are divisions or subsidiaries of larger passenger airlines.-Logistics:...
. TNT Express employs more than 78,000 people, flies 48 aircraft, runs about 26,000 road vehicles, and has a worldwide network of more than 2,400 depots and hubs.