FedEx set to buy TNT Express for $4.8bn

US parcels and logistics giant FedEx has made a $4.8bn  bid to acquire rival operator TNT Express of the Netherlands, with both sides reaching a conditional agreement on the deal. The agreement recommends an all-cash offer by FedEx for all issued and outstanding ordinary shares, including shares represented by American Depositary Receipts of TNT Express for...

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TNT launches Tel Aviv freighter links

TNT has launched a Monday to Friday B737-400F service between Israeli capital Tel Aviv and the express operator's European hub in Liege, Belgium. The new service "answers increasing demand" and allows TNT to shorten transit times for express shipments to and from Tel Aviv by one day. The flight arrives in Tel Aviv in the morning...

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Volvo renews TNT international delivery contract

  Swedish truck and bus maker Volvo has renewed a three-year contract with express operator TNT for ‘inbound to production’ and aftermarket delivery services in Europe. TNT will continue to handle Volvo’s European emergency production movements. TNT collects automotive components and parts from more than 800 different suppliers in Europe and delivers them to...

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TNT helps customers cut the carbon

TNT is offering CO2-neutral delivery of all express domestic consignments in Germany at no additional charge. The carrier measures how much CO2 is produced in transporting consignments and then ‘neutralises’ them with an equivalent amount of CO2 credits. TNT uses CO2 credits only from renewable energy projects that meet Gold Standard requirements. External auditor...

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