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TNT plans B2C services in European markets

TNT

TNT plans to launch parcel services for consumers in several European markets later this year,according to a report in German newspaper Die Welt.

“We will announce our strategy for parcel services in the third quarter,” the newspaper quotedTNT CEO Peter Bakker as saying. The aim was to benefit from growing home delivery parcel volumesgenerated by e-commerce sales, and to use available capacity in its express and postalnetworks.

“We can imagine a launch in France, Great Britain and the Benelux states,” TNT board memberHarry Koorstra said. But instead of offering a next-day delivery service, TNT might opt for aslower delivery, he said. Koorstra declined to say whether TNT might also enter the German B2Cparcels market. TNT Express already cooperates with Hermes which is the leading private competitorto Deutsche Post in the B2C sector.

Bakker also reiterated that TNT was confident it would complete the sale of TNT Logistics in thesecond half of this year.

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