
DAVID C
|
TNT's roots are in Australia. In 1946, Ken Thomas started his own company - Thomas Nationwide Transport - with a fleet consisting of a single truck. In 1961, TNT was listed on the Sydney stock exchange.
In 1992, TNT Express Europe, TNT Skypak and TNT Mailfast combined with KPN and the post offices of Canada, France, Germany and Sweden to form GD Express Worldwide (GDEW). TNT owns 50 percent of GDEW. A close commercial relationship began to grow between TNT and PTT Post (Holland).
The State of the Netherlands sold 30 percent of its shares in PTT Nederland NV in June 1994. Under its new name of Royal PTT Nederland NV (KPN), the combined postal/telecommunications company obtained a listing on the Amsterdam Stock Exchange.
TNT and KPN announced on 2 October 1996 that KPN was going to make a public bid for TNT. The friendly take-over was completed in December 1996. TNT activities outside of its core business (Mail, Express and Logistics) were sold off.
On Monday 29 June 1998, TNT Post Group seperated from KPN.
In December 1998, TPG acquired the express company Jet Services S.A. in France. TPG bought 100 percent of the shares from Financière Jet Services S.A. Founded in 1973, Jet Services provides express services in France, Germany, Belgium, the Netherlands, Great Britain, Hungary and Switzerland.
In February 1999, TPG announced its acquisition of the Italian logistics company Tecnologistica. Tecnologistica operates in Italy, Germany and France.
In September 1999 TPG concluded a Memorandum of Understanding with China State Post on co-operation in international express delivery outside China.
In November 1999 TPG and the Swiss Post established a strategic alliance in express and courier services. Swiss Post will connect its customers to the worldwide network of TPG in the business areas of mail, express and logistics.
In December 1999 TPG and Kintetsu World Express established a strategic co-operation for the supply of customers in Europe and Asia. Kintetsu World Express Inc, headquartered in Tokyo, and longstanding customer base in Japan and Asia.
On 9 March 2000, the CEOs of TPG, The Royal Mail and Singapore Post signed heads of agreement to start establishing a global joint venture in cross border mail. TPG has a 51 per cent stake holding in the new alliance, with The Royal Mail and Singapore Post each taking a 24.5 per cent stake. - services throughout Europe, the Asia Pacific region and the Americas.
On 4 September 2000, TPG announced the acquisition of logistics provider CTI LOGISTX from rail and shipping company CSX Corporation, a stocklisted company in the US. CTI is one of the leading third-party logistics providers in North America.
Since May 2002, Royal PTT Post, one of the two major brands of the mail, express and logistics company TPG, changed its name to Royal TPG Post. TPG was informed that Her Majesty the Queen had granted TPG's Mail division the right to continue to use the title ‘Royal’ with its new name.
The name TNT, a strong brand used worldwide for the express and logistic activities of TPG, will remain unchanged.
On 2 May 2002 TPG announced that it had acquired a 50% stake in DFDS Transport Logistics (registered as DSV Logistik Holding A/S), a subsidiary of DSV A/S, through its division TNT Logistics. The joint venture created a leading logistics player in Denmark, Sweden, Finland and Norway.
Through its subsidiary TPG Post Holdings (Deutschland) GmbH in Germany, TPG acquired 100% of the shares in Werbeagentur Fischer GmbH, a Bergen, Bavarian-based unaddressed mail distribution company, on 24 January 2003. - North-West Germany, Berlin and Baden-Württemberg, the acquisition established a stepping stone for further regional expansion.
The State Post Bureau of China (China Post) and TPG announced the signing of a Memorandum of Understanding (MOU) on 25 April 2003.
2004, On 11 June TPG announces its plan to acquire global freight management company Wilson Logistics Group.
2005, On 14 January, TPG operates globally under the brand TNT for all its activities. On 9 September, In its first year of achieving a rank in the Dow Jones Sustainability Index (DJSI), TNT also achieved the highest score in its industry. The company entered the DJSI with an overall score of 75.
On 1 September, TNT announced the acquisition of ARC India Limited which operates under the trade name Speedage Express Cargo Services, one of the leading road express companies in India.
2006, On 29 September, TNT has signed the Equity Transfer Agreement with Hoau Group in Shanghai, People’s Republic of China, to acquire its nationwide road transport and freight business. |