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TNT Express makes a stand and delivers

By Staff Reports on March 26, 2014
Posted in Europe and tagged tnt

Alone and isolated, TNT Express faced a bleak future just a year ago.

Its misery was wrought by a failed US$6.8 billion (4.8 billion euro) takeover bid by UPS, thwarted by European Union competition concerns. The immediate effect was to force the Dutch-owned company to embark on a “Deliver!” restructuring program. The austerity strategy called for...

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