TNT posts first-quarter loss, expects challenges before FedEx takeover
TNT Express posted an operating loss and shrunken comparable revenues in the first quarter, warning that it faced tough times in the run up to its planned acquisition by larger U.S. rival FedEx in 2016.The Dutch parcel delivery and logistics group sank to a first quarter net loss of $21…
TNT posts first-quarter loss, expects challenges before FedEx takeover
Journal of Commerce