Underlying growth for TNT

TNT increased underlying revenue by 4.2 per cent to €1.6 billion for the first quarter of 2016, and, although it made an operating loss of €1m, this was a €10m improvement on last year. The results, which were affected by fewer working days, included one-off charges of €10 million, of which €4 million related to

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Business wins increase 14pc at Ceva

New business wins rose 14 per cent at Ceva in 2014, with ocean freight wins up 30 per cent and air freight wins up 14 per cent. The company said the new business pipeline was the strongest for two years. Fourth quarter revenue of $2 billion was up 3.5 per cent in constant currency and

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Norbert to recruit 100 apprentices

Norbert Dentressangle plans to recruit 100 apprentices this year in a relaunched scheme with increased rates of pay and introduction of dedicated apprentice development programmes. Since the launch of its first scheme in September 2013 it has recruited 170 apprentices. Every apprentice is guaranteed a job at the end of the scheme. “We couldn’t be

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TNT UK (Domestics) appoints new Managing Director

Marianne Culver, an experienced leader in business turnaround and transformation, has been appointed as TNT UK’s new Managing Director with immediate effect. A senior international executive with significant P&L experience in the global Distribution sector and more than 25 years’ experience of driving profitable growth and business transformation, Marianne has worked across four continents in

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TNT moves into former City Link depot

TNT is to move into City Link’s former London depot following a multi-million pound investment in the facility, with the site due to be fully integrated by April. The express operator has taken a ten-year lease on the site in Bermondsey, which faced closure when City Link went into administration in December. TNT has already

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Profits on the rise at DX

Parcels specialist DX increased underlying EBITDA by 5.2 per cent to £14.2m in the half year to 31st December, while revenue was down marginally at £147.4m. Petar Cvetkovic, chief executive officer, said: “In a challenging trading environment, I am pleased to report that DX has delivered a satisfactory financial performance in the first half of

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