© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - As TNT Express Takeover Completes, What Happens to ‘Ugly Freight’?
Posted 25th May 2016

As TNT Express Takeover Completes, What Happens to ‘Ugly Freight’?

As the FedEx-TNT merger concludes, the international parcel broker ParcelHero warns the takeover could mean increased costs and transit times for large and heavy items.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

As TNT Express Takeover Completes, What Happens to ‘Ugly Freight’?
Image

As TNT Express Takeover Completes, What Happens to ‘Ugly Freight’?

As the FedEx-TNT merger concludes, the international parcel broker ParcelHero warns the takeover could mean increased costs and transit times for large and heavy items.

When heavy and outsize loads need to be shipped, many businesses and consumers traditionally choose TNT Express. It has made so-called ‘ugly freight’ a specialty. Now the international parcel broker ParcelHero is warning that the FedEx takeover of TNT Express could impact on its large and heavy item deliveries.

ParcelHero’s Head of Consumer Research, David Jinks MILT said:

“TNT is very popular with users shipping large and heavy deliveries. Many carriers have restrictive parcel size and weight restrictions; but TNT has significantly greater flexibility on the size of packages it accepts, operating bigger vehicles than other carriers, generally with tail lifts capable of loading pallets and heavy parcels.”

“FedEx, TNT Express’ new owners, are specialists in international delivery services; but have no culture of supporting ugly freight to any extent. If TNT Express is steered away from such items now they are a part of FedEx – and it’s undeniable that they do require more investment and expertise – the loss of these services would be keenly felt.”

David adds:

“ParcelHero, like TNT Express, finds beauty in ugly freight; and we know senders like to have flexibility and as low a price as possible when shipping such items. Many carriers avoid outsize loads as they don’t fit easily with their systems: or they charge significantly more for such shipments; but TNT only last year opened a Sydney ‘superhub’ capable of sorting outsize objects over 1.5 metres in size or 30kg in weight to reinforce its ugly freight capability. The Express large and heavy items service needs to be protected after the take-over.”

David acknowledges:

“We welcome the merger of the two organisations: TNT Express is largely about European ground based operations and it has only a limited presence in the US; while FedEx is known for its Europe-UK to America quality international service. They are, therefore, largely complimentary and won’t constitute the monopoly the UPS-TNT proposed merger would have done.’”

However, David concludes:

“Large and heavy items are frequently shipped through ParcelHero’s parcel broker service and we would hate to see the loss of TNT Express’ unique and cost-effective approach to this part of the delivery market.”

For more information about shipping large & heavy items, and ugly freight see: https://www.parcelhero.com/en-gb/courier-services/large-and-heavy-parcels

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
Why are Passwords Bad for Business?
News
10/01/2022Why are Passwords Bad for Business?

Would you believe that 87 per cent of internet users have found themselves locked out of an account at some stage? This surprising statistic highlights how passwords are the thorn in the sides of many people online.

Read Full PostRead - Eye Icon
Helsingborg-Helsingør route
Finance
19/03/2015Helsingborg-Helsingør route

First State Investments has reached financial close for its acquisition of the Helsingborg - Helsingør ferry route, raising about €230 million ($261 million) equivalent of debt from three commercial banks and a debt fund. A joint-venture between ferry opera

Read Full PostRead - Eye Icon
LEWBEN GROUP: ROOTED IN LITHUANIA, EVOLVING GLOBALLY
Finance
07/04/2016LEWBEN GROUP: ROOTED IN LITHUANIA, EVOLVING GLOBALLY

Until a few years ago, Lewben was better known among connoisseurs of art than by financiers or the business media.

Read Full PostRead - Eye Icon
Country Style Cooking Announces Shareholder Approval of Merger Agreement
Legal
20/04/2016Country Style Cooking Announces Shareholder Approval of Merger Agreement

Country Style Cooking Restaurant Chain Co Ltd, a quick service restaurant chain in China, announced at an extraordinary general meeting today, the Company's proposal to authorise and approve the previously announced agreement and plan of a merger dated Decembe

Read Full PostRead - Eye Icon
Steps HR Can Take to Ensure New Hires are Settled Comfortably in Their Work Space
News
25/03/2024Steps HR Can Take to Ensure New Hires are Settled Comfortably in Their Work Space

Starting a new job is full of a cocktail of emotional experiences. Joy, nervousness, excitement, anxiousness, pride, are just a few examples of what likely goes through people’s bodies as they are transitioning from the interview and hiring process into

Read Full PostRead - Eye Icon
Scams to be aware of as a professional
Strategy
06/05/2021Scams to be aware of as a professional

There are numerous opportunities to grow in the business world. You might start a company or look for the best places to invest money, but opportunities aren’t always what they seem to be. These are the most common scams to be aware of as a professional, so

Read Full PostRead - Eye Icon
Strategic Communications
Innovation
08/06/2016Strategic Communications

Cogeco Peer 1 are a highly innovative company whose services eradicate IT complexity and let companies focus on achieving extraordinary market advantage by building high performance business-optimised platforms.

Read Full PostRead - Eye Icon
Understanding Plea Bargains: A Guide to Criminal Defense Strategies
News
29/08/2023Understanding Plea Bargains: A Guide to Criminal Defense Strategies

The term “plea bargain” is often a pivotal point during legal proceedings. Plea bargains are agreements between the prosecution and the defense in which the defendant agrees to plead guilty to certain charges in exchange for reduced charges or a li

Read Full PostRead - Eye Icon
Ely Gold Announces Sale of Isabella Property to Gold Resource Corporation
Finance
11/01/2017Ely Gold Announces Sale of Isabella Property to Gold Resource Corporation

Ely Gold & Minerals Inc.is pleased to announce its wholly-owned subsidiary, Nevada Select Royalty, Inc. has executed a purchase agreement for the sale of its 100% owned Isabella property located in Mineral County, Nevada to Walker Lane Minerals Corporation, a



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow