European express delivery company TNT Express is planning to sell the Dutch operations of its specialist fashion supply chain business TNT Fashion.

Headquartered in Oldenzaal, the Netherlands, TNT Fashion offers a wide range of supply chain services for the fashion industry, including storage, packing and repacking, distribution, and retailing services. Its customers range from high-end designer labels to high-volume retailers.

The possible sale of the Dutch operations of TNT Fashion will be designed to ensure service continuity, according to an official statement.

The sale will not affect existing agreements with customers and suppliers as TNT Express will continue to offer delivery services to the fashion and lifestyle industry, it continued.

TNT Express hopes to close a possible sale by the end of this year.

On July 29, 2013, the company said TNT Fashion’s activities in the United Kingdom will be integrated with TNT Express UK & Ireland’s operations.
Photo: kthread

You May Also Like

Shipping confidence rises for fourth successive quarter

Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach their highest level since February 2011, according…

Agility opens warehouse in Hong Kong

Logistics service provider Agility has opened a 13,000-square-meter warehouse in Hong Kong to cater to the electronics and retail sectors of Greater China. The…

CTAP seeks total scrapping of trucks’ maximum allowable weight rule

The Confederation of Truckers Association of the Philippines, Inc. (CTAP) will ask the Department of Public Works and Highways (DPWH) to permanently suspend the…

ASEAN-5 growth to continue but more slowly, says IMF outlook

Growth forecasts for the Association of Southeast Asian Nations-5 (ASEAN-5) for 2013-2014 have been revised downward by the International Monetary Fund (IMF), part of…