TNT Post UK Enters Consumer Parcels Market
Network acquisition provides TNT with 80 per cent household coverage
TNT Post UK, the leading competitor to Royal Mail in the UK postal market, today announces the acquisition of the JD Williams courier network. This development provides an entry for TNT Post UK to Business to Consumer (B2C) and Consumer to Consumer (C2C) parcel and packet delivery markets, providing 80 per cent coverage in the United Kingdom.
The JD Williams courier network employs 194 employees supported by a network of over 2,200 self-employed couriers and currently delivers some 12 million parcels and packets per year to consumers in the UK. The acquisition of the courier network is a significant gain for TNT Post's 'End to End' strategy of being able to offer customers a complete postal and delivery solution. TNT Post UK is now equipped with a valuable parcel infrastructure from which to service both JD Williams' home shopping customers and all potential customers that want a next day or 2 day delivery option.
Nick Wells, Chief Executive of TNT Post UK, said:
"This network acquisition is a big development for the TNT Post business that really propels us forward in terms of business growth and our position in the UK postal market. We will be taking on the entire courier network including all employees and the self employed couriers will be able to continue to offer their services and will be encouraged to do so. We will be upgrading the communications infrastructure and sorting operation in order to improve efficiency and expand the network further. We will continue to offer our customers a high quality, good value B2C parcel delivery service backed by the TNT brand and service ethos."
TNT Post UK will continue to grow and develop the courier network and ensure it can compete effectively with Royal Mail and other B2C parcel competitors. Combining both networks strengthens its End-to-End strategy and offers TNT Post UK the capabilities to use the combined network for non-parcel deliveries. It is proposed that the transfer of the business to TNT will take place on 28th August 2006.
Since the liberalisation of the UK postal market on 1st January 2006, TNT Post UK has been a leading player in the market, processing over 60 million letters a month. Despite still having to face numerous barriers to fair competition in the UK postal market, TNT Post UK has in a short period of time impressed businesses with its innovation, high-level service approach and cutting-edge technology investments. It has notched up some significant wins and now boasts an impressive client list including Sky, Barclays, Lloyds TSB, npower, Thames Water and Ikea.
