TRUCKING INDUSTRY * Europe / Holland - TNT sells part of its post activities

The Halle,The Netherlands -Truck Europe (Belgium), by Michel Buckinx -13 Jan 2011: -- TNT has announced that it is now going to concentrate its European ‘post’ activities on addressed post in countries in which it has a strong presence. TNT holds strong market positioning in Germany, the UK and Italy. In the other countries, the emphasis will be on partnerships or sale. Within this context, TNT says it has reached agreements to sell its ‘post’ activities in Belgium (Belgique Diffusion) and its ‘non-addressed post’ activities in Italy to its management and NPM Capital NV, a private investment company in the Benelux...