Home › TNT Express to Raise Profitability on Cost Cuts, IT Spending
 

Keywords :   


TNT Express to Raise Profitability on Cost Cuts, IT Spending

2015-02-17 12:21:33| Trucking - Topix.net

Dutch logistics company TNT Express NV said profitability in its international business will climb to as much as 10 percent of sales as it cuts costs and upgrades its information-technology systems. Earnings before interest and taxes in the company's international operations will amount to between 8 percent and 10 percent of sales by 2019, while the domestic units will earn a margin of 4 percent to 5 percent, the company today said.

Tags: cost express raise spending

Category:Transportation and Logistics

Latest from this category

All news
03.07Hurricane Beryl Graphics
03.07Hurricane Beryl Forecast Discussion Number 20
03.07Summary for Hurricane Beryl (AT2/AL022024)
03.07Hurricane Beryl Public Advisory Number 20
03.07Hurricane Beryl Forecast Advisory Number 20
03.07Hurricane Beryl Graphics
03.07Summary for Hurricane Beryl (AT2/AL022024)
03.07Hurricane Beryl Public Advisory Number 19A
Transportation and Logistics »
03.07Genesus to restructure with Canada ZF Investments
03.07Global trade, domestic policy: What's at stake for pork industry
03.07Over 20,000 Tesco staff to split 30m from share schemes
03.07Ex-Post Office chair denies hiding key Horizon report
03.07Print Quest invests in two more Miraclon Shine LED lamp kits
03.07ETI celebrates grand opening of new headquarters in Spain
03.07Mondi unveils FlexiBag Reinforced
03.07Nilpeter announces new partnership in the Philippines
More »