5 facts about TNT
1. It started with 1 truck
In 1946 Ken Thomas was working as a personnel officer at a telephone company in Sydney, Australia.
He met his cousin who operated a trucking business which delivered Timber fence palings. His cousin told Thomas that he was making twice as much money as him.
This information drove Thomas to start a courier business. He purchased 1 truck on finance and started delivering goods.
2. A True Multinational, From Australia To Holland
After incorporating as a public company in 1962 and floating on the Sydney Stock Exchange in 1963, TNT undertook a series of buyouts and mergers which saw the company expand operations around the world. Below is a sample of major TNT mergers:
- All Trans Group - 1967
- Ansett Airlines – 1979
- Unitransa – 1988
- KPN takes over TNT – 1998
- Jet Services – 1998
- TG+ - 200
- Speedage – 2005
- Hoau – 2006
- Mercurio – 2007
- LIT Cargo - 2005
3. The takeover by FedEx
In 2015 Fedex was bought by FedEx for £3.2 billion. A reason behind FedEx’s buyout was its desire to expand into Europe and increasing its European market share. TNT delivers parcels packages in Europe using a network of 700 flights and 55,000 road trips every week.
4. European Courier Expert
TNT has an intra-European ground and air network which is bigger than the networks of UPS, FedEx and DHL. Some European countries which are major markets for TNT are:
- Czech Republic
5. TNT Fast Facts
- TNT serves more than 200 countries worldwide and employs 58,000 people.
- TNT operates 54 aircraft and owns 26,000 vans, trucks and other delivery vehicles.
- TNT main air-hub is in Liege Airport, Belgium it also has 20 ground transportation hubs Europe-wide, with its main road-hub being located in Arnhem, Netherlands. In total, TNT has 900 distribution depots, hubs and sorting centres.