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![]() TNT Express headquarters | |
Industry | Transportation |
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Predecessor | TNT NV |
Founded | May 26, 2011 |
Defunct | December 1, 2021 |
Headquarters | , Netherlands |
Area served | Worldwide |
Key people | Karen Reddington (CEO) |
Services | Express Delivery Logistics Services |
Revenue | €15.6 billion (2020) |
Owner | FedEx |
Parent | FedEx (since 2016) |
Website | tnt |
TNT Express was an international courier delivery services company with its headquarters in Hoofddorp, Netherlands. It was acquired by FedEx
The namesake Thomas Nationwide Transport grandfather company was originally started in 1946 with a single truck in Adelaide, South Australia.
On 26 May 2011, TNT Express separated from its parent company, TNT NV, being listed on the Euronext Amsterdam. [1] TNT NV subsequently renamed itself PostNL.
In March 2012, UPS announced its intention to acquire TNT Express for US$6.7 billion. [2] However, the deal fell through in January 2013, after it was announced that UPS had failed to obtain permission from the European Commission, and as such, had been blocked on competition grounds. [3]
In April 2015, FedEx announced its agreed intention to buy TNT Express for €4.4 billion, as it looked to expand its operations in Europe. [4] The European Commission launched an investigation into the planned acquisition [5] and on 8 January 2016, approved the deal. The transaction was completed on 25 May 2016. [6] [7]
In June 2017, TNT Express was badly affected by the NotPetya cyber attack, partly because some operations and communication systems were based in Ukraine, where the cyber attack originated. [8] TNT had to operate using manual processes for months creating very large backlogs. Some records were entirely lost. [9]
TNT offered road and air delivery services in Europe, the Asia Pacific region, the Americas, the Middle East, and Africa. In June 2014, TNT conducted a rail freight trial assessing improving support to businesses in the United Kingdom, and cutting carbon emissions. [10]
FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce and business services based in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000. FedEx today is best known for its air delivery service, FedEx Express, which was one of the first major shipping companies to offer overnight delivery as a flagship service. Since then, FedEx also started FedEx Ground, FedEx Office, FedEx Supply Chain, FedEx Freight, and various other services across multiple subsidiaries, often meant to respond to its main competitor, UPS. The company is the fifth largest American-headquartered employer globally with 547,000 employees, and FedEx is also one of the top contractors of the US government and assists in the transport of some United States Postal Service packages through their Air Cargo Network contract.
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ASL Airlines Belgium, (ASLB) formerly TNT Airways, is a Belgian cargo airline operating chartered flights mainly to European destinations. It has its head office and hub on the grounds of Liège Airport. The airline used to be a subsidiary of TNT Express but was acquired by ASL Aviation Holdings DAC and subsequently rebranded in 2016. ASL Aviation Holdings DAC, the parent company of ASL Airlines Belgium, is headquartered in Swords, County Dublin, Ireland.
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Roadway Express, Inc. was an American trucking less than truckload (LTL) trucking company. Roadway Express and its holding company, Roadway Corporation, were acquired by logistics holding company Yellow Corporation in 2003, and the parent companies were merged to form Yellow Roadway Corporation, later renamed YRC Worldwide. In 2009, Roadway Express was merged with YRC's other national LTL carrier, Yellow Freight, to form YRC, Inc.
TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. The company was founded in 1935 as Overnite Transportation, the name it used until 2006 when it was rebranded UPS Freight by new owner UPS. Its name changed to TForce Freight in 2021 when UPS sold the company to TFI.
Thomas Nationwide Transport, commonly known by its TNT acronym, and in its later years as TNT Limited, was an Australian logistics and transport company. Founded in 1946, it was taken over by KPN in 1996 and in 1998 became part of the TNT Post Group.
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Petya is a family of encrypting malware that was first discovered in 2016. The malware targets Microsoft Windows–based systems, infecting the master boot record to execute a payload that encrypts a hard drive's file system table and prevents Windows from booting. It subsequently demands that the user make a payment in Bitcoin in order to regain access to the system.
A series of powerful cyberattacks using the Petya malware began on 27 June 2017 that swamped websites of Ukrainian organizations, including banks, ministries, newspapers and electricity firms. Similar infections were reported in France, Germany, Italy, Poland, Russia, United Kingdom, the United States and Australia. ESET estimated on 28 June 2017 that 80% of all infections were in Ukraine, with Germany second hardest hit with about 9%. On 28 June 2017, the Ukrainian government stated that the attack was halted. On 30 June 2017, the Associated Press reported experts agreed that Petya was masquerading as ransomware, while it was actually designed to cause maximum damage, with Ukraine being the main target.