TNT Express to restructure UK business

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TNT Express has set out plans to restructure its finance and administrative activities in the UK, which it said would lead to the removal of up to 237 positions in data entry, administrative, supervisory and clerical roles.

Alistair Cochrane, managing director of TNT Express UK & Ireland, said: “It is with deep regret we have to take these difficult steps. The reality is that we have to provide a competitive service to our customers in the face of challenging trading conditions. These steps are required to strengthen our company for the long term.”

The plans are part of TNT Express’ global Deliver! programme, announced in March 2013. In total, the group aims to make recurring savings of €220 million by 2015. Globally, some 4,000 jobs will be affected over the next three years.

The group wants to focus on higher margin services and customer segments. It is targeting SMEs and single source customers, higher weight parcels and palletised freight along with international and special services products.

In the UK, consultation with trade unions has already commenced. The changes are due to begin being implemented from January 2014 and over the months following.

TNT Express employs approximately 9,550 people in the UK & Ireland, operating more than 3,500 vehicles from over 70 locations.

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