TNT Post announces contract wins and renewals
TNT Post, one of the UK's largest private postal operators, has announced a number of contract wins and renewals, confirming its position as the main challenger to Royal Mail.
TNT Post has seen its profits plummet, reports Dutch public broadcaster NOS. In the first quarter of 2009, the company made a profit of 75 million euros, less than half the amount in the same period last year.