TNT Express


TNT Express is an international courier delivery services company. It is a subsidiary of FedEx, with its headquarters in Hoofddorp, Netherlands.

History

On 26 May 2011, TNT Express separated from its parent company, TNT NV, being listing on the Euronext Amsterdam. TNT NV subsequently renamed itself PostNL.
In March 2012, UPS announced its intention to acquire TNT Express for $6.7 billion. However, the deal fell through in January 2013, after it was announced that UPS had failed to obtain permission from the European Commission, and as such, had been blocked on competition grounds.
In April 2015, FedEx announced its agreed intention to buy TNT Express for €4.4billion, as it looked to expand its operations in Europe. The European Commission launched a further investigation into the planned acquisition. On 8 January 2016, the European Commission approved the deal, and it was completed on 25 May 2016.
In August 2017, TNT Express was badly affected by the NotPetya cyber attack, partly because some operations and communication systems are based in Ukraine, where the cyber attack originated. TNT Express had to operate using manual processes for a considerable period creating very large backlogs. Some records were entirely lost.

Operations

TNT offers road and air delivery services in Europe, the region of the Asia Pacific, the Americas, the Middle East, and Africa. In June 2014, TNT conducted a rail freight trial assessing improving support to businesses in the United Kingdom, and cutting carbon emissions.