TNT Express
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| Naamloze vennootschap | |
| Industry | Courier |
| Predecessor | TNT N.V. |
| Founded |
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| Headquarters | Hoofddorp, Haarlemmermeer, North Holland, Netherlands |
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Key people
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David Binks (CEO), Bert Nappier (CFO), Mark Allen (SVP Legal) |
| Services | Express and freight delivery services |
| Revenue | €6.91 billion (2015) |
| Parent | FedEx |
| Website | www |
TNT Express is an international courier delivery services company with headquarters in Hoofddorp, Netherlands. The firm has fully owned operations in 61 countries and delivers documents, parcels and pieces of freight to over 200 countries. The company recorded sales of €6.91 billion in 2015. Its major competitors include United Parcel Service (UPS) and DHL. TNT's competitor FedEx reached an agreement to buy the company in April 2015, which was completed on 25 May 2016.
Shortly after the cessation of hostilities of World War II in Asia, Australian Ken Thomas set up Thomas Nationwide Transport with a single truck in Sydney. At the same time, Hungarian immigrant Peter Abeles had formed Alltrans with fellow Hungarian immigrant George Rockey. In 1967, Alltrans merged with Thomas Nationwide Transport, and the combined companies became TNT Ltd., operating then in both Australia and New Zealand. Under Abeles' guidance as managing director, TNT quickly expanded, and by the 1980s had established a presence in 180 countries and was termed "the second biggest transport empire in the world, operating by road, rail, sea, and air".
Expanding globally, by the 1980s the focus was on Europe, and TNT became the first transport company to buy its own aircraft, creating the first pan-European overnight service using a dedicated fleet. In 1992, the company co-founded GD Express Worldwide, owning 50% of the organisation, with the other 50% of shares held between partners KPN (Dutch telecoms and postal company) and the state-owned postal companies of Canada, France, West Germany and Sweden. Having floated on the Dutch Stock Exchange in 1994/5, KPN bought TNT in a friendly merger in 1996. Two years later, KPN demerged its postal division and combined it with TNT to form TNT N.V.
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Wikipedia