Thomas Nationwide Transport, commonly known by its TNT acronym, and in its later years as TNT Limited, was an Australian logistics and transport company. Founded in 1946, it was taken over by KPN in 1996 and in 1998 became part of the TNT Post Group.
History
TNT was founded by Ken Thomas in 1946 with one International truck as KW Thomas Transport, being renamed Thomas Nationwide Transport in 1958. In January 1962 it was listed on the Sydney Stock Exchange. In 1967 it merged with Alltrans to form TNT-Alltrans with Peter Abeles becoming managing director. In the same year it purchased the English based Transport Development Group. In 1968 it purchased Kwikasair. It diversified into shipping, acquiring a 25% share in RW Miller in 1968, a 33% share in Bulkships in 1970, increasing it to 63% by 1976 and a 50% share in Union Shipping in 1971. In March 1972, TNT acquired a 23% shareholding in Ansett Transport Industries. It launched a takeover offer for Ansett, but withdrew it after the Government of Victoria advised it would legislate to prohibit it. In 1979, TNT increased its shareholding in Ansett to 50% with News Corporation holding the balance. In the early 1970s it expanded into Asia, Brazil, Europe and North America. In February 1983 TNT purchased global document courier Skypak International from Ipec. TNT was awarded a 50-year concession in October 1985 to operate the Sydney Monorail, which opened as TNT Harbourlink in 1988. In December 1985, Thomas Nationwide Transport Limited was renamed TNT Limited to better reflect its common name. In 1992 TNT acquired a 50% shareholding in Guernsey based Condor Ferries. In the same year it took a 50% stake in GD Express Worldwide, with the other 50% of shares held between partners KPN and the state owned postal companies of Canada, France, West Germany and Sweden. In July 1996, TNT purchased a 30% shareholding in the Port of Geelong in partnership with Infrastructure Investment Corporation. In 1996 TNT sold its 50% shareholding in Ansett to Air New Zealand, although it retained its shareholding in Ansett Worldwide Aviation Services. It also sold its trucking businesses, including its 50% shareholding in Union Shipping to Brierley Investments, its Brazlian operations and Australian trucking interests. In August 1997, TNT commenced operating the Sydney Light Rail as TNT Transit Systems, under contract to Sydney Light Rail Company. In January 1997, KPN took full ownership of TNT after launching a friendly takeover. In June 1998 TNT merged with KPN's PTT Post division to form the TNT Post Group.
